Hey guys,
since a few days the yield farming on the MATIC layer 2 exchange “Quickswap” started. Since yesterday I dipped my feet into it and it´s really nice to be honest. The exchange is super fast and a good example how the future of DEX can look like. I made like over 100 TX and didn´t even pay a penny in tx cost with near instant execution. Really different experience.
Now, I´m far from being a whale and I didn´t put too much liquidity into the protocoll. But still I´m able to move the market as I like and I´m in mid to high single digits in terms of contributing the the UNI/XXX pools which brings some nice and consistent QUICK harvest. (lol what a wordplay)
Judging from liquidity I guess there is little awareness about this opportunity. So I figured, I´d tell my fellow yearners and maybe you want to join. We could build a syndicate and corner the market for while, especially on the USDC/QUICK pool…
Am I right in the assumption that L2 yield farming can not be automated on-chain?
Cheers!