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Alameda’s biggest profit comes from DeFi liquidity mining

User X Wazz posted that Alameda's biggest source of profit comes from DeFi liquidity mining. Wazz stated that in an interview in 2021, SBF mentioned redirecting 80% of Alameda's resources to liquidity mining because it is an easy way to make money. Alameda invested $5 billion in DeFi liquidity mining without doing proper due diligence, hastily authorizing those pool2 contracts. Alameda earns $2-4 million in each Binance Launchpad new coin offering and receives three million DYDX rewards every day.

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