[ENG/PT-BR] A New Option: Liquidity Pool STARBITS:STARPRO!

Você pode conferir a postagem em PT-BR!

---

_Source

Introduction

Hello everyone, how are you? Today I want to talk about something new (maybe not that new), but that has the main objective of helping us players of Rising Star.

A Liquidity Pool was created with the pair STARBITS:STARPRO, aiming to make it easier for everyone to earn their STARBITS and after that switch directly to STARPRO.

Shall we better understand this new option?

Objective

The first step is to read this excellent post, made by @wagginston, explaining the whole process:

• Pools, Pools, Pools - Building the HIVE Economy

So, I will put some key excerpts, in the form of a quote and below a personal explanation of what I understand:

Both of these pools were created with well over $10-20K worth of starting liquidity, vastly more than the size of the limit order books. This means they can handle vastly more volume and are a better indication of the real token values, so you should definitely consider using them more often for your trading needs.

_Source

In this part, the explanation about the STARPRO:SWAP.HIVE pool is that it was created with values ​​above 10 to 20 thousand liquidity, that is, a value much higher than the existing order orders.

Therefore, the pool could better handle large volumes, in addition to showing more accurately the real value of these tokens.

---

There was a problem, however. Both HashKings and Rising Star have more than one type of token in each of their ecosystems. Players earn one type and convert it to another. But because all of the tokens trade for SWAP.HIVE, they had to sell them for SWAP.HIVE to do this on the market. This puts downward pressure on their HIVE value and effectively forces people to exit the game economy.

_Source

In this part, it is described that there would be a problem, as Rising Star has more than one type of token. Wagginston emphasizes a very important point: at the end of any process, tokens are traded by SWAP.HIVE and therefore, it puts pressure on their HIVE value and forces people out of the game economy.

I could be wrong, but I believe that we have experienced this in recent months, with the sudden drop in the value of STARBITS.

---

Take Rising Star, for example. Players directly earn STARBITS for the musical missions they run in solo play. To get STARPRO directly, they had to burn them by bidding in Music Promoter. Oftentimes, however, the price of STARPRO would be cheaper on the market; if they wanted to get some with their STARBITS, players first had to sell them for SWAP.HIVE, which reduced the value of STARBITS.

_Source

Here we talk about the process we had: earning STARBITS in missions and burning them by performing Music Promoter missions to get STARPRO.

But again, we have a caveat: the price of STARPRO could be cheaper in the market, so we would have to sell the STARBITS for SWAP.HIVE and then buy this STARPRO and that was the X of the question in the fall in the value of the STARBITS token.

---

The STARPRO:STARBITS pool solves this problem. Players can now swap their STARBITS for STARPRO directly and see the conversion rate between them. It’s up to arbitrage agents to balance that rate with the other pools and the order books. But due to the pool's relatively huge size, you can buy much larger amounts of STARPRO than you could get from Music Promoter, which only distributes 100 a day to players.

_Source

Finally, the solution is precisely the creation of the STARBITS:STARPRO pool, because now both tokens can be exchanged directly and so we can see the conversion rate and its real value.

Another point of this excerpt is the highlight about its relatively large size, so we can make much larger exchanges than using the Music Promoter that only distributes 100 tokens a day to players.

So with all these points, we can understand how important it is to have this pool, for the entire ecosystem of Rising Star.

Performing the Exchanges

There are 3 processes you can do to exchange STARBITS for STARPRO that go beyond using Music Promoter.

I will explain in a very summarized way, always remembering that the STARBITS must be in your hive wallet, that is, you must withdraw from the game to your Hive wallet.

---

Tribaldex

Through Tribaldex we can click on the Pools option:

The page will load now in the Swap option. So now just choose the STARBITS token in From and in the To part choose STARPRO:

After that, enter the desired quantities and click on the blue Swap button, make the necessary confirmations and that's it!

---

BeeSwap

Through Beeswap we have a shortcut that greatly speeds up our exchange: just click on the link STARBITS:STARPRO and the page will load like this:

There's no secret here, just put the desired amount of STARBITS and the word Swap below will be enabled, after that just click and confirm.

---

Inside Rising Star

This option doesn't do anything different, it's just a well thought out shortcut to speed up the whole process. Within Rising Star, when we go to the page that contains our account information, they implemented a button that is a shortcut to the pool on BeeSwap:

When clicking, the same page shown in the previous topic will open.

Conclusion

Quite a novelty that helped the Rising Star ecosystem very well. Ease often comes with these really cool ideas and a simple implementation raises the spirits of players, the game and the tokens.

I come to ask you that if I have described something wrong or any new important information, please leave it in the comments and I'll make the correction. I believe that good news like this should be shared as much as possible, as it will help everyone!

_Fonte

Introdução

Olá a todos, tudo bem com vocês? Hoje quero falar de uma novidade (talvez não tão nova assim), mas que tem como grande objetivo ajudar bastante a nós jogadores de Rising Star.

Foi criada uma Liquidity Pool com o par STARBITS:STARPRO, visando uma facilidade a mais para todos conseguirem ganhar seus STARBITS e após isso trocar diretamente por STARPRO.

Vamos entender melhor essa nova opção?

Objetivo

O primeiro passo é ler essa excelente postagem, feita pelo @wagginston, explicando todo o processo:

• Pools, Pools, Pools - Building the HIVE Economy

Então, colocarei alguns trechos-chave, em forma de citação e abaixo uma explicação pessoal do que entendi:

Both of these pools were created with well over $10-20K worth of starting liquidity, vastly more than the size of the limit order books. This means they can handle vastly more volume and are a better indication of the real token values, so you should definitely consider using them more often for your trading needs.

_Fonte

Nesta parte, a explicação sobre a pool STARPRO:SWAP.HIVE é que ela foi criada com valores acima de 10 a 20 mil de liquidez, ou seja, um valor muito maior que os pedidos de ordem existentes.

Sendo assim a pool poderia lidar melhor com grandes volumes, além de mostrar de forma mais precisa o real valor destes tokens.

---

There was a problem, however. Both HashKings and Rising Star have more than one type of token in each of their ecosystems. Players earn one type and convert it to another. But because all of the tokens trade for SWAP.HIVE, they had to sell them for SWAP.HIVE to do this on the market. This puts downward pressure on their HIVE value and effectively forces people to exit the game economy.

_Fonte

Nesta parte, é descrito que haveria um problema, pois o Rising Star possui mais de um tipo de token. Wagginston frisa um ponto muito importante: no fim de qualquer processo, os tokens são negociados por SWAP.HIVE e por isso, pressiona o seu valor HIVE e força as pessoas a sair da economia do jogo.

Posso estar errado, mas, acredito que vivemos isso, nestes últimos meses, com a queda brusca do valor do STARBITS.

---

Take Rising Star, for example. Players directly earn STARBITS for the musical missions they run in solo play. To get STARPRO directly, they had to burn them by bidding in Music Promoter. Oftentimes, however, the price of STARPRO would be cheaper on the market; if they wanted to get some with their STARBITS, players first had to sell them for SWAP.HIVE, which reduced the value of STARBITS.

_Fonte

Aqui é comentado sobre o processo que tínhamos: ganhar STARBITS nas missões e queima-las realizando as missões de Music Promoter para conseguir STARPRO.

Só que novamente, temos um porém: o preço do STARPRO poderia estar mais barato no mercado, então teríamos que vender os STARBITS por SWAP.HIVE para depois comprar este STARPRO e era esse o X da questão na queda do valor do token STARBITS.

---

The STARPRO:STARBITS pool solves this problem. Players can now swap their STARBITS for STARPRO directly and see the conversion rate between them. It’s up to arbitrage agents to balance that rate with the other pools and the order books. But due to the pool’s relatively huge size, you can buy much larger amounts of STARPRO than you could get from Music Promoter, which only distributes 100 a day to players.

_Fonte

Por fim, a solução é justamente a criação da pool STARBITS:STARPRO, pois agora ambos os tokens podem ser trocados diretamente e assim conseguimos ver a taxa de conversão e seu real valor.

Outro ponto deste trecho é o destaque sobre o seu tamanho relativamente grande, então podemos realizar trocas muito maiores do que utilizar o Music Promoter que distribui apenas 100 tokens por dia para os jogadores.

Então com todos esses pontos, podemos entender como é importante ter essa pool, para todo o ecossistema do Rising Star.

Realizando as Trocas

Existe 3 processos que você pode fazer para trocar STARBITS por STARPRO que vão além da utilização da Music Promoter.

Irei explicar de forma bem resumida, lembrando sempre que os STARBITS devem estar na sua carteira hive, ou seja, você deve fazer o saque do jogo para a sua carteira Hive.

---

Tribaldex

Pela Tribaldex podemos clicar na opção Pools:

A página irá carregar já na opção Swap. Então agora é só escolher o token STARBITS em From e na parte do To escolher STARPRO:

Após isso, inserir as quantidades desejadas e clicar no botão azul Swap, faça as confirmações necessárias e pronto!

---

BeeSwap

Pela Beeswap temos um atalho que agiliza bastante a nossa troca: basta clicar no link STARBITS:STARPRO e a página já irá carregar assim:

Aqui não tem segredo, basta colocar a quantidade de STARBITS desejada e a palavra Swap ali embaixo irá ficar habilitada, após isso é só clicar e confirmar.

---

Dentro do Rising Star

Essa opção não faz nada de diferente, é apenas um atalho bem pensado para agilizar todo o processo. Dentro do Rising Star, quando vamos na página que contem as informações da nossa conta, implementaram um botão que é um atalho para a pool na BeeSwap:

Ao clicar, a mesma página mostrada no tópico anterior irá abrir.

Conclusão

Uma novidade e tanto que ajudou muito bem o ecossistema do Rising Star. Facilidade muitas vezes vem com essas ideias bem legais e uma simples implementação levanta o animo dos jogadores, do jogo e dos tokens.

Venho pedir encarecidamente que caso tenho descrito algo de forma errado ou qualquer nova informação importante, por favor deixe nos comentários que faço a correção. Acredito que noticias boas como essa devem ser compartilhadas o máximo possível, pois irá ajudar a todos!

_{Image Credit: banners created by me in Canva and the icons can be found at icons8.}

---