LP Llama
Cross-chain Analytics for Liquidity Pool Tokens to identify best buys, impermanant loss, rugpulls, etc. covering various Decentralized Exchanges
Created on 28th August 2022
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LP Llama
Cross-chain Analytics for Liquidity Pool Tokens to identify best buys, impermanant loss, rugpulls, etc. covering various Decentralized Exchanges
The problem LP Llama solves
Analyzing Liquidity Pool Tokens from Decentralized Exchanges can give us a wide variety of information, but is not the topic of popular analysis.
We index and compute data related to a Pool and it's corresponding farm's APY, Impermanant Loss, Volume, Staked TVL, etc. so that you can make informed decisions and know what risks lie under the hood of that fancy 100%+ APY LP Token.
The name "LP Llama" is a take on DefiLlama, one of the largest DeFi analytics dashboards out there. The information provided by such dashboards is valuable insight to the whole web3 community, be it for investing, analysis, learning or directly using the data we provide.
Challenges we ran into
The most difficult challenge was aggregating data from multiple DEXes and sourcing the sufficient data and formula required to calculate the APYs.
Technologies used
Cheer Project
Cheering for a project means supporting a project you like with as little as 0.0025 ETH. Right now, you can Cheer using ETH on Arbitrum, Optimism and Base.