A resting bid that pays you rent.
Put only ETH into a Uniswap range sitting entirely below the market. Above it the
position is 100% ETH and does nothing. Come down through it and the pool sells you the token
the whole way while you collect the fee on every trade that crosses you. The catch is that
Uniswap wants ticks and you think "I'd buy between $350K and $26M."
- 1 · Name your window
- A market cap range in, the exact tick range out,
for whichever pool you pick.
- 2 · Know your fill
- Filled completely, your average entry is the
geometric mean of the bounds. $350K to $26M fills at $3.0M.
- 3 · See the book
- What is already resting under the token, in market cap
terms, with your range on the same axis.