Hey all.

02 Oct 2022, 00:51

Hey all! Raydium is excited to launch an open beta for Concentrated Liquidity pools, contributing to the advancement of capital efficiency & ecosystem-wide liquidity on #Solana! 🤟 Official Beta Link: CLMMs allow users to concentrate liquidity in a custom price range, meaning liquidity can be deployed closer to market price in order to earn a greater proportion of fees. Beta testing will last approximately 1 week and be open to all Raydiators, with farming rewards starting once the beta has closed! Beta Pools: RAY-USDC SOL-USDC mSOL-USDC mSOL-SOL USDC-USDT **Can APR be calculated for a CLMM pool? **Well, that depends. In a CLMM pool, when price trades within an individual tick, fees are distributed proportionally to the liquidity of in-range positions. An accurate APR can only be found for an individual tick based on volume, however extrapolating this to all of the ticks in the pool is extremely complex. Traditional APR calculations used for constant product pools can not be directly applied to CLMM pools. Depending on the method of calculation, projected returns for CLMMs should be considered as an estimate at best. For these reasons, Raydium is keeping with industry standards and is not currently displaying APRs for CLMM pools, but will continue to explore methods for indicating projected returns for CLMM positions. Raydium is constantly working to improve. Please share your feedback in <#1025370057548779601> Raydium will be dishing out some RAY for constructive feedback. To learn more about Concentrated Pools on Raydium, check out this step-by-step guide! Remember: the beta link is 🚨 All Raydium Alpha and Beta tester NFTs ARE FAKE! 🚨 Stay safe out there 🙌