I'm missing out...I need a post to go to so I can learn more. I use dlease...a lot... but other than that...I don't understand how...
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I'm missing out...I need a post to go to so I can learn more. I use dlease...a lot... but other than that...I don't understand how...
Let me see if I can find some with basic info on it, might even write a post about this as there's really quite some options..
First one I used is delegating HP to leo.voter:
https://peakd.com/steemleo/@leo.voter/steemleo-native-content-report-or-1
This was the first post on the account (first time I'm seeing that to be honest :-p) and explains a bit. Most info is at the account info on top though.
Another one I've been using for some time is monster-curator:
https://peakd.com/splinterlands/@monster-curator/how-to-earn-spt-with-your-splinterlands-posts-and-get-daily-spt-and-sps-payouts
Just recently the oneup-cartel added a bunch of new ones to the list which is mentioned little further down to the end in this post:
https://www.1up.zone/@flauwy/the-1up-cartel-a-meta-guild-for-blockchain-games-and-hive-community-gamification
Hope that gives you and idea what it is and how it works/which options there are. If not ask away!
I'll go read those. I do understand the delegation for payout concept and love it! I use dlease for leasing hp to get Hive payouts. Thanks for answering. I've got some reading to do!
Ok, I've read them all... so adding liquidity is basically the same as delegating... you can always reverse the delegation or remove liquidity, right? Where did the term liquidity come from... because your token doesn't have to be staked?
adding liquidity is different, I think that term is used for Liquidity Pools only.
Delegating, as far as I know, can only be done with staked/powered up coins. There's actually quite some other options for hive power to get liquid hive, utopis, bro coin or pizza and probably more I don't know about.
Ok...I definitely need a guide...
haha what part are you stuck at?
I'm not sure how to put my coinage into a pool to reap the rewards. I thought it was via swapping...then I found out that was just an exchange. Then I thought it was through "adding liquidity"...but I'm not sure that's it either now. I see a lot of people posting to get into the pools, but I'm not sure I'm doing it right, so a step by step with screen prints would be helpful to show someone how to turn Hive into a pool that rewards the investor on the daily or whatever the timeframe is...
Well, first thing you'd need to learn about is impermanent loss as adding liquidity has more risk involved than simple delegations where you never lose your staked tokens, they're still in your account and staked you really only delegate the benefits of having the stake..
I think edicted wrote a post on impermanent loss, it's not a sbad as the name implies as it only gets permanent when you remove the liquidity and it basically tempers the price action. But I'm no expert on the matter either.
Edicted wrote an interesting post on it:
https://peakd.com/hive-167922/@edicted/impermanent-loss-the-one-topic-every-crypto-website-somehow-explains-incorrectly
My opinion: pooling with one or even two stable coins takes a lot of risk out of the equation and makes it easier to grasp. Especially the SWAP.HBD:SWAP.BUSD isn't very risky in my opinion