Every swap on #HiveEngine token pairs takes from the swapper a 0.25% fee, which is proportionally split between all liquidity providers of the token pair depending on the percentage of the liquidity pool each provider has. 🤓
That's a great way to earn from your Hive Engine tokens that you don't want to either stake or sell. 😎 However, there first needs to be a liquidity pair for the token you want to add liquidity to. 😅
That's a great explanation. Have you got such a great and clear explanation as well to explain the risk of these liquidity pools, i.e. impermanent loss? Maybe than I'll understand it for 100% !LUV !HUG
If a token pair has high liquidity and you own a small share of the pool of that pair, every trade by any user gives you less rewards but only slightly affects your tokens in the token pair.
If a token pair has high liquidity and you own a large share of the pool of that pair, every trade by any user gives you more rewards but significantly affects your tokens in the token pair.
If there is a more or less equal amount of trades on each direction for a token pair where you have a share of the pool, you will see both of your tokens on the token pair increase as you get a share of 0.25% of every trade on #HiveEngine pools.
Hope that's already a good explanation about Hive Engine liquidity pools (and any liquidity pool in general)! 🤓 !LUV
That's a good explanation indeed. Now in your experience, is it worth the benefits putting e.g. Hive and BTC in a liquidity Pool instead of using the Hive for HP or change it to HBD and take the 20% interest benefits? !wine !LUV
You should determine if the earnings you will get for a particular token liquidity pair (which may include the liquidity pool bonus set by the issuers of a token pair) on #HiveEngine will be higher than simply staking your HIVE as Hive Power and putting your HBD in Savings. 🤓 !PIZZA
Anyway, I would recommend not putting HIVE and HBD itself in liquidity pools, and instead focus on adding to liquidity pools for other #HiveEngine tokens that are just idle on your wallet. 😏 !LUV
The word queue is ironic. It's just q with a bunch of silent letters waiting in line. Credit: reddit @savvytester, I sent you an $LOLZ on behalf of svanbo
That's why I recommend putting liquidity in token pairs only in your idle #HiveEngine tokens, where HIVE and HBD certainly aren't "idle" enough for that. 🤓 !LOL !LUV
@savvytester! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @svanbo. (1/1)
Every swap on #HiveEngine token pairs takes from the swapper a 0.25% fee, which is proportionally split between all liquidity providers of the token pair depending on the percentage of the liquidity pool each provider has. 🤓
That's a great way to earn from your Hive Engine tokens that you don't want to either stake or sell. 😎 However, there first needs to be a liquidity pair for the token you want to add liquidity to. 😅
svanbo, savvytester sent you LUV. 🙂 (7/10) tools | trade | connect | wiki | daily
Made with LUV by crrdlx.
That's a great explanation. Have you got such a great and clear explanation as well to explain the risk of these liquidity pools, i.e. impermanent loss? Maybe than I'll understand it for 100% !LUV !HUG
I sent 1.0 HUG on behalf of @svanbo.
(1/3)
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Made with LUV by crrdlx.
I recommend using #BeeSwap (https://beeswap.dcity.io/pools) to see all liquidity pairs currently present on #HiveEngine tokens. 🤓 !HUG
Hope that's already a good explanation about Hive Engine liquidity pools (and any liquidity pool in general)! 🤓 !LUV
I sent 1.0 HUG on behalf of @savvytester.
(2/3)
svanbo, savvytester sent you LUV. 🙂 (7/10) tools | trade | connect | wiki | daily
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That's a good explanation indeed. Now in your experience, is it worth the benefits putting e.g. Hive and BTC in a liquidity Pool instead of using the Hive for HP or change it to HBD and take the 20% interest benefits? !wine !LUV
savvytester, svanbo sent you LUV. 🙂 (1/10) tools | trade | connect | wiki | daily
Made with LUV by crrdlx.
You should determine if the earnings you will get for a particular token liquidity pair (which may include the liquidity pool bonus set by the issuers of a token pair) on #HiveEngine will be higher than simply staking your HIVE as Hive Power and putting your HBD in Savings. 🤓 !PIZZA
Anyway, I would recommend not putting HIVE and HBD itself in liquidity pools, and instead focus on adding to liquidity pools for other #HiveEngine tokens that are just idle on your wallet. 😏 !LUV
svanbo, savvytester sent you LUV. 🙂 (8/10) tools | trade | connect | wiki | daily
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Just wanted to say... HBD and Hive will not be worth more in Liquidity pools than they would be in my wallet !LOL !LUV
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lolztoken.com
It's just q with a bunch of silent letters waiting in line.
Credit: reddit
@savvytester, I sent you an $LOLZ on behalf of svanbo
(1/10)
Farm LOLZ tokens when you Delegate Hive or Hive Tokens.
Click to delegate: 10 - 20 - 50 - 100 HP
That's why I recommend putting liquidity in token pairs only in your idle #HiveEngine tokens, where HIVE and HBD certainly aren't "idle" enough for that. 🤓 !LOL !LUV