Understanding Diesel Pools
While doing some curation today, I've found this post by @steemmillionaire where he asks if somebody can explain him the liquidity pools on hive. That was an inspiration for me to create a video on the subject :-).
Diesel Pools are liqudity pools on the second layer of hive and they are a bit different from other liquidity pools mainly because all the transactions are free! I've tried to explain the concept of these pools and how they work in the video. If you have any questions, I would be glad to try to answer them :-)
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Thanks a lot for the curation!
I have a question and put it on Discord...
Thanks for the question. I've just answered it :-)
Looking forward to watching this. Thanks for making it.
You are welcome. Hope it helps ;-)
hi achim (@Achim03), that was really good video. thanks for doing it.
I have one question, on tribeldex it shows rewards N/A but in beeswap rewards are shown for the pools i am in.
how do i know whether rewards are been getting paid?
is there a way to get the rewards earned details?
On Tribaldex you will only see the diesel pools with reward pools linked to it. On BeeSwar you will see the same but in addition to that you will also see the rewards given in BXT. This is the token of BeeSwap that is allocated to a number of Diesel Pools. You can see the liste of these pools here. I hope I could answer your question.
It was a great video but I'll note that you can also do the diesel pool stuff on Beeswap as well.
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That's totally true. Beeswap gives better indication regarding apr and I use it almost more often than tribaldex.
Thank you, Achim! Very educative!
I hope it helped :-). Thanks for the inspiration!
Thanks for explaining! I also have the same question so I haven't ventured into liquidity pools yet.
Yes they are tricky to understand but they can be quite helpful.
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