Dear Hotpot fans，
Welcome to the 49th weekly report of the Hotpot Sets. We will continue to output the project’s operation and technology development progress for you, hoping to help you understand the Uniswap V3 platform in DeFi filed, and we wish providing you the first-hand market dynamics and better Defi investment decisions.
March 14 , 2022 to March 20, 2022
As of last Friday, Hotpot’s Sets fee income on Ethereum totaled $14,007.87. Sets fees on Arbitrum accumulated to $12,686.01. Polygon’s Sets fee income accumulated to $160.49.
At present, some users’ investments are still in the Hotpot V2 set pool. In order to better obtain stable income, it is recommended that you migrate to the Hotpot V3 main network (Ethereum) or White Belly on Polygon.
Last Friday, Hotpot has distributed HPT rewards to some wallet addresses , and the reward distribution list has been announced in the community.
It should be noted that some users have met the reward conditions of investing 1~$10W and depositing for 3 consecutive months. However, since they have not withdrawn yet, they may reach the reward standard of 6 months. Therefore, HPT will not be issued this time. Please be aware.
Additionally, the White Belly set portfolio on Hotpot V3 mainnet and polygoz has undergone some changes in the last week.
It can be seen from the figure that Ethereum’s Set asset portfolio is mainly composed of WBTC-ETH trading pairs; Polygon Set has added WMATC-ETH investment, which can reduce or even eliminate impermanent losses.
Many users of the V2 version invest when the currency price is high. If they invest in the eth-u trading pair, it may not be cost-effective for V2 users, which is an impermanent loss. However, if both ends are fluctuating coins and the price synchronization of the coins is good, there will be no so-called “unprofitable” situation.
The negative state of ETH prices worries some users, but Hotpot does not operate based on “currency price fluctuations.” At present, the platform not only optimizes the mechanism of price position adjustment, but also optimizes the Set investment portfolio in order to maximize the interests of users.
Hotpot’s weekly broadcast not only records revenue data, but also records every step of the mutual growth of the platform and community users.
We hope you will find that projects that can stand out in the DeFi field must be fearless of market changes and do everything down-to-earth.
The position adjustment mechanism continues to be optimized, and the platform operates routine maintenance and updates.
Let the professionals handle professional issues.