The Power of Providing Liquidity Pools - Choose CENT:CentG Liquidity Pairs and Earn up to 110% APR

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Greetings to my esteemed Lions on the LeoFinance ecosystem and the entire hive blockchain. It's another day and time to share with you guys the benefits of providing liquidity pools for some unique token pairs on the #Hive-Engine side-chain platform. It's your friend @faquan, saying hello from this part of the world.

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One of the revelation I received last year on the hive blockchain was the power of providing liquidity pools for tokens and I see this act as one that gives you both your money and rest of mind.

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Providing liquidity pools from my perspective simply means leasing out your tokens to support a certain token pair, while you're rewarded for that. So providing liquidity pools gives you the opportunity to sign a smart contract and then earn without further act.

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One of the liquidity pairs that gives numerous rewards on the Hive-Engine Side-chain platform is the Cent:CentG pools. Once you add liquidity for Cent:CentG pairs automatically you have 6 different rewards tokens to receive on a daily basis.

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The total Cent available in this liquidity pair is 528328 Cent tokens and 481 CentG tokens in the Cent:CentG pair. This liquidity pools is worth $2,159.

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The reward pools to expect is in CentG, Cent, Swap.Hive, Leo, Pob and sps and on a daily basis the reward pools is worth $2,170 and as it stands, I'm already having 11% of the total rewards.

How to add liquidity pools on Hive-Engine Side-chain Platform

The first thing you need to do is to swap equal $values of the tokens you want to provide liquidity pools for. For example, let's use Cent:Leo pools. Swap the equivalent amount of Leo that will march the amount of Cent you need. If 10 $LEO is to 150 $Cent and you need $150 worth of both, then swap $75 worth of each.

Second step to move to pools on your hive-engine platform and click on add liquidity. Immediately it opens, choose the pairs you need and then click on the add. At this point the add liquidity bottom would either show you white or not, if it's white, then you can proceed.

Choose to provide liquidity pools this year and earn passive income for yourself.

Thanks!

Posted Using LeoFinance Beta



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