How to Use METRIX for Crypto Passive Income

Summary

Jake, the founder of Metrix Finance, introduces a cutting-edge DeFi tool designed to generate passive income from cryptocurrency assets. He shares his strategy for identifying profitable liquidity pools using CoinGecko and Metrix Finance's platform, focusing on institutional-level data in a user-friendly manner. Jake demonstrates how to filter and select assets, analyze pools for optimal returns, and build a diversified portfolio. He emphasizes the importance of market timing and the benefits of crypto-crypto pairs in a bull market, showcasing how to deploy capital effectively for maximum yield.

Takeaways

• 😀 Jake, the founder of Metrics Finance, has been investing in cryptocurrency since he was 13 and has experience in concentrated liquidity pools.
• 🔍 Metrics Finance aims to offer institutional-level data in a user-friendly manner, inspired by Jake's experience as a consultant for DeFi hedge funds.
• 📈 The platform uses CoinGecko to identify potential cryptocurrency assets for inclusion in a portfolio, such as Ethereum and Bitcoin.
• 🌐 It allows users to select from various networks and exchanges, including Uniswap, PancakeSwap, and others, to provide liquidity.
• 🔑 The 'Discover' page on Metrics Finance is used to filter and identify pools that include specific assets, narrowing down investment options.
• 📊 Users can apply filters to the pool list based on desired assets and network preferences to find suitable liquidity pools.
• 🚀 In a bull market, Jake recommends crypto-crypto liquidity pools for exposure that correlates with market movements, rather than stablecoin pairs.
• 💰 Jake demonstrates how to use Metrics Finance to find the best pools with high returns, such as Ethereum to various token pairs.
• 📝 The platform enables users to simulate and strategize investments, providing APR estimates and historical data for analysis.
• 🔗 Bookmarking and saving potential investments in a portfolio allows for easy comparison and decision-making.
• 📈 Metrics Finance provides projections and estimations based on historical data, but these are not guarantees of future returns.

Q & A

Who is the speaker in the video and what is his background?

The speaker is Jake, the founder of Metrix Finance. He started investing in cryptocurrency at the age of 13 and by 17, he was investing in concentrated liquidity pools through Uniswap and other platforms.

What is the main goal of Metrix Finance?

The main goal of Metrix Finance is to provide institutional-level data in a retail-friendly manner, focusing on what metrics hedge funds look at and what they want to see on a position-by-position basis.

How does the speaker plan to identify cryptocurrency assets for his portfolio?

The speaker plans to use CoinGecko to identify different cryptocurrency assets that he wants to include in his portfolio, specifically mentioning Ethereum and Bitcoin.

What is the significance of selecting specific networks and exchanges on the Discover page of Metrix Finance?

Selecting specific networks and exchanges helps the user to narrow down the pool options to those that they have had good results with in the past or that they are comfortable with, thus streamlining the investment process.

Why does the speaker choose to include multiple assets in the 'must include' filter on Metrix Finance?

Including multiple assets in the 'must include' filter helps to narrow down the pool options to those that contain all the specified assets, making it easier to find suitable pools for the user's portfolio.

What is the speaker's strategy for selecting pools during a bull market?

In a bull market, the speaker prefers to provide liquidity for crypto-crypto pools to avoid being sold into a stable coin as the price moves up, thus benefiting from the correlated movement of the assets.

How does the speaker decide on the amount to deposit into a position?

The speaker typically likes to deploy around $10,000 into a position, which is the amount he uses for analysis in the video.

What is the purpose of adjusting the calculation range to a 30-day high and low?

Adjusting the calculation range to a 30-day high and low helps the speaker to invest based on a roughly 15-day time frame, which is the duration he prefers to be in a position, assuming the current trend continues.

Why does the speaker bookmark certain pools on Metrix Finance?

The speaker bookmarks pools that are performing well or that he is interested in to easily find and compare them later on when making decisions about his portfolio.

What is the importance of analyzing volume history when evaluating a pool?

Analyzing volume history is important as it provides insight into the performance stability of the pool over time, helping the speaker to assess the risk and potential returns of the investment.

How does the speaker plan to track the performance of his portfolio on Metrix Finance?

The speaker is excited about an upcoming feature on Metrix Finance that will allow users to track the performance of their portfolio and individual positions, providing data that is not commonly available on most tracking tools.