# Experimenting with Liquidity Pools on Uniswap V3

After reading @shazow's notes in #degen, I thought I'd try experimenting with Uniswap V3. This was the first time I used DeFi, the result was about $300 loss.

Here's the sequence of events:

## Swap ETH 1.5 to 4680.4852 GRT
($3261.23)
Tx fee: 0.002414 ($5.25)

## Swap 1.5 ETH to 4694.2154 GRT
($3259.26)
Tx fee: 0.002274 ($4.94)

## Add Liquidity:
https://etherscan.io/tx/0x31350d858dfc0bc00f7c7c3b46bb75e02894d181e9c3cbe2c283fd7d33053383 (Jul-09-2021 11:12:32 AM)

Add ETH 3 / GRT 5406.26
($6522.03 / $3735.80) (Total: 10,257.83)
(Range 3120 - 3157.7 GRT / ETH)

Tx fee: 0.007812
($16.98)

## Collect fees:
https://etherscan.io/tx/0xa77579c1e98d37bc8c796ac770e029f72ba54c826f6cca7896393daac7261b18
Earned ETH 0.02574 ($55.27)
Earned GRT 64.4282 ($46.16)
Tx fee: 0.004252 ($9.14)

## Remove Liquidity:
https://etherscan.io/tx/0x4fbf4b3fed96e9af6d6c43e6d73992c7cd658fd32a28b66e9df2b54e850984f8 (Jul-09-2021 10:10:09 PM +UTC)
Collect ETH 4.72897 and GRT 0
($9,918.40)
Tx fee: 0.002078 ($4.36)

---

Total input: $10,257.83

Total fees paid: 40.67
Total fees earned: 101,43

Total output: $9,918.40

**Loss: 400.19**

---

## Swap ETH 2.35 to 7245.982022 GRT
Tx fee: 0.001845 ($3.97)

## Add Liquidity:
https://etherscan.io/tx/0xd4fb229d3b88290261ce036ddb02c285afb6eabfb4ab5325932498d4a987adbd (Jul-09-2021 10:50:24 PM +UTC)

Add ETH 2.33031 / GRT 7310.41021)
($5025.80 / $5107.52) (Total: 10133.32)
(Range: 3027.8 - 3138.8 GRT / ETH)
Tx fee: 0.0070992
($15.31)

## Remove Liquidity:

https://etherscan.io/tx/0xc0a8354b0c8f98ef7ecee4dd43d73d2483d13436b68e689f085a04ac793893c8 (Jul-10-2021 01:39:23 PM)

Collect ETH 0 / GRT 14,559.863102
($0 / $10198.26)

Earned fees: ETH 0.0141319 / GRT 65.53
($29.83 / $45.90)

Tx fee: 0.00158378
($3.33)

---

Total input: $10133.32

Total fees paid: $22.61
Total fees earned: $75.73

Total output: $10198.26

**Profit: $118.06**

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