♨️Multiday Cook Up (MCU)

Steady token growth & fee-generation with directional up-only autorebalances

Disclaimer: Not Financial Advice (NFA) and Do Your Own Research (DYOR). This page is a “living & breathing” document that will constantly be updated based on new findings & learnings of MCU experiments. MCU is an advanced liquidity providing strategy for advanced LPers

What is Multiday Cook Up (MCU)?

  • MCU is an automated LP strategy for bullish medium-long term conviction on a token. The goal is to benefit from both price growth and fee generation by LPing in a tight-range, with autocompound, and directional autorebalance (up only)

  • Assuming you have medium-long term conviction on the token, MCU mitigates impermanent losses (IL) from downwards rebalances and unnecessary rebalance swaps on temporary price dips

DEX selection

  • Typically Orca CLMM generates the highest yield for mature tokens >$100M MC. But MCU works for all DEXes: Meteora, Orca, and Raydium

Token & Pool selection

  • Find a token you have bullish medium-long term conviction on, and screen HawkFi’s LP Terminal to find token pools with the highest daily yield

  • Small differences in daily yield could lead to significant outperformance over time especially with compounded growth

Token Price Trend
Goal of MCU

⬆️ Upwards

Be net positive from token price growth and concentrated fee-generation

↔️ Sideways

Be net positive from concentrated fee-generation

⬇️ Downwards

Assuming you have medium-long term conviction on the token, MCU mitigates impermanent losses (IL) from downwards rebalances and unnecessary rebalance swaps on temporary price dips

LP Duration & Take Profit Strategy

  • Typically few weeks or few months, depending on your long-term conviction in token price growth, and consistent high volumes

  • Given your long-term conviction, if the token price temporarily dips, the LP will wait for token price to recover back in-range to generate fees, and only rebalance upwards. This mitigates impermanent losses (IL) from downwards rebalances and unnecessary swapped rebalance fees.

How to MCU?

Step
HawkFi automation
Purpose

1

Deploy tight-range & single-sided liquidity at local bottoms of price (In other words: Enter at price dips)

Maximize upside and minimize IL from token price bottoming further

2

Autorebalance with swap, for any cooldown duration (1min to 1hour)

Constantly stay in-range by rapidly rebalancing to generate fees

3

Directional autorebalance for price up-only (NOT up & down)

Mitigate impermanent losses (IL) from downwards rebalances and unnecessary swap rebalance fees.

4

Autocompound

Maximize yield over time by compounding fees earned

MCU Case Studies

Tutorial Videos

More Questions?

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