Liquidity pools are fun.
Liquidity pools are fun.
I have slept on Liquidity pools for the longest since I didn't really see any value in putting it into a pool compared to just hold the actually token itself.
This might have been because I have really focused hard on Dividend paying tokens for the longest, so managing Liquidity Pools didn't seem fun with the small amount of $$$ I could put into it.
But I "carved" in because of @invest4free and @valentin86 spoke really nice about the benefits of Liquidity pools and the rewards they offer.
It got talked about here https://ecency.com/hive-177682/@cwow2/received-hive-engine-rewards and later here https://ecency.com/hive-177682/@cwow2/liquid-pools-at-beeswaptribaldex-i-dont-get-it where I tried some and tried to understand the function and usefulness of some liquidity pools.
As I said, I have been sleeping on Liquidity pools and I kinda missed out. I do this fairly often, meaning not delving into new stuff which seems complicated but really aren't.
Its a fault and I am aware of it :p
But I decided to jump in after a while and I really enjoy it! Its still really small amount of $$$ I play with for fun.
But its a start :D
I am trying to get into Liquidity pools which pays out rewards which can be put into other Liquidity pools afterwards, so a good circle of profits down the line :D
I only have 15-16 USD "invested" in total in these Liquidity pools since its just for fun and because I still focus on getting enough HBD in savings to get 100 USD a month from that ^^
But hey. These are my positions.
Yep,☺️ it's a vicious circle from which you will never escape - that's what happened to me too. At first it seemed quite complicated to me, but over time thanks to those tokenized📈📉 rewards it managed to attract me quite a lot, which made me pay more attention👁️🗨️ to those utilities present on the #Tribaldex platform. Good luck in the personal tasks you set out to achieve !PGM
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Its just alot of fun at the moment haha.
I do need to invest more slowly, because a 16$ position overall is not really going to add to my growth a whole lot xD
In time, the evolution will be observed !PGM
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
Discord
Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444
So for crypto dummies like me, how much is your USD15-16 worth now and how long has it been?
Its still worth 15-16, since I add to it daily with other rewards from other pools!
And well, only 2 weeks or so :D
Its just an extra use for 2nd layer tokens to give other 2nd layer tokens.
On Tribaldex its hard to see the rewards, but beeswap makes it very easy :D
Thought I would share a screenshot of one of the pools I am in which have a lot of rewards attached to it.
Its the Wine:Winex Pool.
I hope you can see it and its not too small, I had to zoom out in order to get all of the rewards xD
I only have 2$ worth in this pools which is a 0.054% Share, so not a lot and the value I get every 24 hours is around 0.001$, its kinda nothing xD
But it also have a daily bonus of 1%
But I have always take my Wine and Winex out of the Pool and sell it on the market instantly, I don't have to wait for it and thats a big plus :D
That’s a great start. I love putting rewards into other pools too. The compounding effect is very nice even when it is still small numbers
Ye. Its just fun haha :D
Yay! 🤗
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