We need to see the bHIVE and bHBD pools grow far deeper in liquidity
After the whole debacle with Steem, it became one of my goals for the long-term of LeoVerse/Hive itself to build out a decentralized way to move and utilize HIVE (and more recently HBD).
I'm working as hard as I can to grow these LPs:
- bHBD-bHIVE
- bHBD-bUSD
- bHBD-CUB
- bHIVE-CUB
The reasoning behind this particular setup of pairs is arbitrage. The arbitrage it creates generates so much value and that value is just reinvested in deepening the liquidity in each pool + driving up LP Rewards.
This is the mission: grow the depth of these LPs to rival that of CEXes in the long-run.
We can't do it alone. We need the Hive community's help to provide HIVE and HBD liquidity.
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really thankful for these options, well done! Hope liquidity grows, but it's a tough one
That is true. It is a great goal to want to rival the CEX. We have to get one area with a tremendous amount of liquidity. You are right, arbitrage is very powerful and a great way to deepen the pools.
We will keep driving forward. This is something that stands to benefit the entire ecosystem.
Next up: build out financial platforms with HBD (or the derivative) as the payment token.
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