If you're ready to print money in crypto and you don't just want to sit around waiting for prices to go up, meme coin liquidity providing with DeFi is absolutely filthy hot on Robinhood Chain right now. I'm going to walk you through exactly what I'm doing and the exact positions I have, because I am absolutely printing money. I only have $3,700 in, and my expected yield is $220 a day. This is crazy. I don't think this window will last forever, either, so I'm sharing it while it's this good.
If you want to join me, use my MaxFi referral link in MetaMask or Coinbase Wallet to sign up, set up your first position, and make your first deposit. When you do that, I get 3% of the fees that the platform MaxFi itself would get. In return, I'm here to answer your questions, and I am going to be making content on this consistently.
Why Robinhood Chain meme coins are printing right now
I like to know why things are happening first. Right now, Robinhood Chain is pretty new, and there are meme coins on it, some of which you may have already seen. These are just printing money because there's a ton of people trading them, but there are not very many people providing liquidity. On top of that, MaxFi has the best liquidity providing setup I've seen anywhere, with automatic rebalancing built in. I've talked with the team directly, and if you want to see that conversation with the core team, go back on my channel, Jerry Banfield Crypto Reviews, and look for my video called "I quit liquidity pools, then I saw $95,000." I did that video with Alex and with Aaron. They are absolutely fantastic. They got me out of being an ICP maxi and into this DeFi because it's so good.
So here's the plan. I have 21 positions, and I'm going to go through every single position. If you have questions, MaxFi has a Discord server, which is linked from my MaxFi page, and you can post questions there. And if you've been following me for a long time, you can always schedule a call and I can walk you through setting this up on a screen share.
The one thing that was difficult is that it took a lot of time in MetaMask to go through and actually click everything I needed to click, figure out every single last detail of this, and get all of it set up in my MetaMask. One of the most annoying things is that you need to have Ethereum on Robinhood Chain to pay all the gas fees, and then wrapped ETH to pair with each of the meme coins. So it certainly takes a little bit of work, but once you get it set up and just put the money into positions, they just print. I've set up most of these positions today, although I had maybe a handful yesterday. I've made most of this money today. I've literally made over a hundred dollars, most of it today, and I'm on pace to make $220 a day.
Now, this is risky, because these are all meme coin positions I'm in. Below, I'll also go over a tool I use to figure out constantly where the best positions are, and then you can play around with your earnings on each of them. Some of these I haven't even earned on yet because of the way I did this. Right now on Robinhood Chain, the gas fees get pretty crazy. If you want to go into a position (I covered more about how to open positions in my last video, while this one is about the actual meme coins and the actual pairs I'm in, and I'm going to show more in the future), then going into a two-sided position means you have to pay double the gas fees.
So on some of these, like with Hooker and Index, I mostly just bought wrapped ETH on Robinhood Chain, which I was then able to use. Here's the route I took: I borrowed USDC against my ICP on ICP, sent it via Ethereum into Coinbase, then bridged it via Coinbase for no fee directly onto Base. Then I swapped from Base to Robinhood Chain directly into wrapped ETH, like $2,500 all at once, which made this very easy. From there, I start out with one-sided wrapped ETH positions so that I can just plow into the meme coin without having to pay extra swap fees or lose money. Then they should rebalance to go in range. If the price doesn't move on them, MaxFi automatically rebalances them into position so that you're right on the edge of the range. So I mostly put into these with wrapped ETH, although I did use USDG on two of the positions.
Adjusting ranges and paying gas
You need your positions to be in range to earn, but the narrower they are, the more they slip out of range. Most of my positions were set with a fairly narrow range, like my Stonk Broker position, and you can go in and easily adjust the range. So here's what I did on Stonk Broker: I put the range up to 100%, saved it, and paid a little bit in gas fees on MetaMask, 14 cents. The gas fees are kind of high on Robinhood Chain a lot of the time. So there we go, 14 cents paid, and now that one is fixed. I'm expanding my ranges because you don't want to keep going out of range with these. Those are the actual positions I'm in, and on some of them I do have a wider range, like 100% or more. These are meme coins. I think on Pons I need to adjust my range, and on my DTF position (that stands for Down To Finance) I need to adjust the range too. I got a little aggressive on some of the ranges. The narrower the range, the more money you can print, but if it slips out of range, you have to rebalance and you're not earning anything in the meantime. So right now I've already spent something like $40 on Ethereum gas fees. But the incredible thing is that MaxFi actually pays the gas fees for you when a position automatically rebalances, which is insane. So I've got these set up, and they'll automatically rebalance if they don't get into position soon.
These are the positions I've picked because they are all meme coins on Robinhood Chain that are getting a ton of trading action. The difference is that there's not much liquidity, and MaxFi is one of the best setups, if not the best, that you can use to provide liquidity on Robinhood Chain via Uniswap, Aerodrome Finance, and the others. I'm on Robinhood Chain using Uniswap, and these pools are V3 pools. Some of these haven't earned as much because they haven't been in range that often, and they'll rebalance automatically and slip back into range. I try to keep my rebalance delay shorter because if something pumps all of a sudden, or dumps all of a sudden, you might want a chance to decide to pull out of that position, since you're going to take impermanent loss when you rebalance. But if you're out of position all the time, you miss out, and the earnings are so high on these that you need to be in position. So I'm going to set most of the rebalance delays on these down to 24 hours. Some of them I even set to three or four hours, because as hard as these are earning, you want to keep them in range. I'm experimenting with all of these, but these are the actual pools I'm using.
How I picked these pools with MaxFi LP Analytics
Now let me explain why I picked these. There's a website called MaxFi LP Analytics, which I found in the MaxFi Discord, and it breaks everything down and shows you exactly what you need. It has a catalog of the different pools and things you can use. All I do is pick meme coins, because the meme coins have some of the very highest earnings. So I just went through all of them. It tells you the rolling snapshot, and you can try different ranges to see how much money you can make based on the range. If you tighten the range up, you'll slip out of range more often generally, but you'll also keep earning more while you're in. Then I just set the filter to meme coins, because meme coins have some of the highest earning potential, and I look at the rolling snapshot. When it says 1700, that's 17x, meaning whatever liquidity you put in is projected to earn 17 times that annually. That does not include the meme coin appreciating in price, and it does not include the meme coin going down or going to zero. You can lose everything. That's why I've put into a bunch of these different meme coins: one of them might crash and go to zero, but most of them probably will not. And since they're printing so much money, even if you lose half of them, you're still going to come out in healthy profits, especially if a couple of them go off in price on top of producing all the liquidity fees.
Then there's the fact that half of my money most of the time is sitting in wrapped ETH. If wrapped ETH has a collapse or some issue, that could be a serious problem and I could lose a lot of money. I have a little less than one wrapped ETH in all these pools combined, and I get into the pools using wrapped ETH. So this is riskier. But again, I've got a portfolio of about $25,000 in crypto right now, and I used a loan against my ICP to fund this. So I'm not taking much risk if all of this goes to zero, especially if ICP pumps, because I can just pay off the loan and get all my ICP back.
So what I did is I went into the analytics and picked from the meme coin pools. They have other categories too, like altcoins, and the altcoins generally don't print that much. There are stocks, and if you're in the US, you can't even swap for the stocks, which is pretty annoying the way they've got it set up. But the stocks can be a lot more stable, and if you're global, that's a great option. You have blue chips on there also. So you can go through and see your risk portfolio. I just want the craziest gains so I can show them off as a content creator. That's my motivation. I'd rather take higher risk and show off bigger gains. So the meme coin pools are fantastic right now.
I probably shouldn't even be sharing this, because the more liquidity that gets put in, the more these fees get split up among everybody providing liquidity. But if you use my referral link, I might earn off that. And I really appreciate that the MaxFi team came straight to me and showed me this so I could get in on printing this money too.
The way I pick these pools is I look at the snapshots, and pretty much anything that's over 10x, which is a thousand percent, I'm putting into. Almost anything over a thousand. Take PipeDog: I didn't put into that one. I think I did put into Pons, which has dropped a little bit. Stonk Broker, I put into that one. DTF is going nuts recently. That's a 58x that's printing like crazy. I put into Wire. I put into NASDANQ. And some of these are pairing stocks with memes, which is a brilliant strategy.
That's how I picked them: if they weren't printing toward the higher end, I didn't put them in. The analytics also show you the exact volume. Some of these pools have a lot of liquidity but basically no volume, and on others you can see the depth versus the volume. One of them, for example, has $4 million in depth and $11 million in volume. The lower the depth compared to the volume, the more potential fees there are. So the tool just tracks that and shows it to you. I'm not sure exactly what window this is measured over; maybe I could look and find out whether it's 24 hours or something longer like 30 days.
So I go through and pick meme coins that are printing money on there. Boner right now is at 37x, just printing money, and I put into that. The range fit matters too: with Boner, you want a wide range, obviously, while some of the others want a tighter range to earn, because they're more reliable. With Hooker, for example, there's $122K in liquidity against 900-and-some thousand dollars in volume. That's why it's printing money so hard. Same thing with Clippy, which was one of the first ones I put in, and that's been printing nicely. Some of these can come and go at any time, so you don't want to be stuck in one. To me, you want to pull your pools and move where the volume goes. Bull is interesting too; the tinier ones can be fantastic opportunities if they blow up all of a sudden. So to me there are kind of two key things, and the biggest is the ratio of the volume to the liquidity that's there. Take Martians: that one has been printing, and there's hardly any liquidity versus the volume. That's how I'm doing this.
I've literally shown you everything you need to know about this. Well, all the basics. There's more to know about it, but I'm really grateful, because this is just printing money, and for me as a content creator, that makes a huge difference. I'm going to keep you updated on this, and this is what I'm planning to keep making videos about, so you can follow along in my Crypto Reviews playlist.
Every position I'm in right now
So right now, these are the coins I'm in: Zach's coins, Little Loony, Mancer, Stonk Broker, Wire, Pons, Bull, Clippy, Hooker, Index, Frong, AI, Boner, Juggernaut, HMM, IF, CashCat, and Martians. Those are the ones I'm in now. I'm going to be testing others, and I'll drop any of them that don't earn or that dump significantly. On most of these I've only put in a hundred dollars, or $100 to $200 on a few. DTF was printing so hard that I dumped the rest of the wrapped ETH in my wallet into it. I'm planning to double my total value in here.
I also am doing a little bit on Base, but a lot of the pools there were just not making as much money. The one position I have on Base is still printing nicely, though, and that's a Zora/USDC pair. Maybe I should have gotten into some meme coins there to print harder, but right now Robinhood Chain seems like one of the hottest places to be. To me, life is about finding the best opportunities and just jumping on them. So I'm probably going to double the amount of money I have in here in the next couple of weeks and just see how hard this prints. I'm probably going to compound a lot of my gains, but you do want to take some profits out of here as well. I have $93 uncollected right now, but the thing is, every time I take profits, I'm paying gas fees. So you've got to really calculate the profits against the gas fees. There's a lot to it.
Collecting fees: what it actually costs
If I look at my uncollected fees right now, one position in particular is nuts. Guys, this is crazy. First off, the position itself is up 10%. The earnings rate is 60x. Keep in mind, I put a hundred dollars in this, and the position is making almost $20 a day. This is insane. Obviously this could stop at any time, and you've got to pay attention to it, but I've got a tight range, this thing is printing, and I haven't even had to rebalance. I just got in at the end of the day with a hundred dollars at exactly the right time. Now, if I collect the fees on this, I have to pay the gas fees. So I checked how much gas I'd pay to collect these $23 in fees: it's a 29 cent fee. So I'd basically be paying 1%. But I'm also going to compound half of the tokens back into my pool. So I clicked confirm on that and just ate the 1% fee, and by doing that I also increased the size of my pool. That position then dropped toward the bottom of my uncollected fees list. So I just collected $20 in fees on it, and my earnings rate is a bit lower now.
If I look at my MetaMask wallet now, and pop that back up (that's what she said), I've got $14 in DTF and $10 in wrapped ETH that I just collected from that position. Here's the thing about the DTF, though. I collected the earnings from that position into my wallet, but if I had just let it automatically rebalance, MaxFi would have put half of the fees back into the position. This is a brilliant thing the MaxFi team has come up with: whenever a position rebalances, it automatically sticks the fees into your wallet and compounds half back into the pool. So I just collected $20 in profit right there, but it probably would have been better to just let that ride. Now the tokens are just sitting in my wallet and I'm looking at paying gas fees to swap them. That's not the best approach. If I had just left them alone, then whenever it automatically rebalanced, it would have taken half the fees and stuck them back into my liquidity position, which is much better than having about $15 sitting in my wallet that I'd either have to start a new liquidity position with or swap.
So I checked how much it would even cost to swap into wrapped ETH right now, or even into ETH to pay my fees. What's interesting is I'd pay a dollar fee, but I'd actually get to swap in the right direction. I could just swap the DTF I have into $15 in ETH for the gas fees I'd need to pay anyway, but I'm still losing a dollar on the fee. So that would essentially be $2 in fees I'd be paying on that $20 of profit. That's why it's generally better to collect your earnings in larger and larger amounts. But at this rate, the earnings are just piling up like crazy.
So if you enjoyed this post, I invite you to use my MaxFi referral link when you make your deposit in MetaMask, so that you can feel good about hooking me up with those fees. I don't know how long it will be until this opportunity slips away, and there will always be another one, but I'm printing money on here right now. I just set it up, and it's just as easy as I've described.
Thank you very much for reading this. I'm on all the platforms, so go to jerrybanfield.com and check out all my crypto videos, dating videos, vlogs, and all that stuff. I'll see you there. Let's print some money together on MaxFi. This is my own experience and not financial advice.