Hello frens,
Our first three articles outline the tactics and techniques we use when creating v3 pools. Today we’re going to discuss how to use these together when implementing a strategy.
What is the difference between tactics and strategy? I’ll use cooking as an example.
A good cook knows the basics like how to season meat, how to cut up vegetables correctly, which heat to select when cooking different foods. But just knowing those individual tactics doesn’t help without a plan - a recipe - that brings them all together. If you know how to cut carrots quickly and efficiently, but don’t know that you also need to add onions and celery to make mirepoix, you’re going to miss out on a lot of flavor in your end product.
With Uniswap, how to enter or exit a pool is like cutting carrots. It’s a building block you need to learn before you can begin making serious money in v3 pools. Just as there are many ways to put mirepoix to use in various recipes to create an entire meal, there are many different strategies we can choose with v3 pools. Do you want to increase your ETH stack? Do you want more income in DAI? These are questions that will help you ensure your strategy is in line with your goals.
Crawl, walk, run.
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