Tribaldex pools are kinda killing it right now...

in #dieselpools2 years ago

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So, hive-engine and tribaldex are one of the best projects around. They're really only surpassed by Splinterlands on chain. There's so much opportunity here to earn, and I'm betting a lot of you don't know about it or aren't maxing out on the opportunity.

Splinterlands got a good head start by users figuring out multiple streams of income

I've often noted that you could play a match and earn. Post it to youtube and earn. Embed that youtube in a hive post and earn. Add some tribe tags to that post and earn. Then use what you've earned to earn more.

There's multiple ways to earn all that start with 1 action and then broadcasting your activity to lots of folks

earning in tribaldex

There's a bunch of ways to earn with tribaldex. First tribaldex is a centralized website owned by steem engine corp which operates a convenient front end to the decentralized backend. The backend itself is a smart contract platform. This setup allows Steem Engine Corp, which is the owner of the front end to have custom views, tools, and services. The backend is public, opensource, and run by some 30+ different servers helping to secure the network and keep it operating.

Generally speaking rewards are moving right along. Here's a look at just this past week in just a handful of trading pairs.

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What you're seeing here is that if you put money into a liquidity pool you get rewarded with fees. There is a fee of 0.25% per trade and 100% of that goes to the people that are staking tokens in the liquidity/diesel pool. You don't find that anywhere else. Usually the exchange or service takes a cut or fee, but the tribaldex interface doesn't charge anything.

Ok, but that's not all. Cause if you're doing this right you'll realize that some products like splinterlands incentize you beyond the trading fees to add liquidity.

Here's a snippet on the SPS pools chart in Splinterlands. You can see this account is adding a small amount of liquidity to the DEC/SPS pool and SPS/swap.hive pool. I'm earning 80 SPS and 701 DEC for my actions. I claimed these rewards last night, so this is just a few hours.

So, now I'm getting double income. I'm getting income for trading fees that gather for the tribaldex platform and I'm getting airdrops that are coming my way from the Splinterlands rewards pools for liquidity staking.

Now I'm posting about these transactions and will get hive rewards for doing so.

Compound rewards

The best advice I can give in crypto is do something that you like that provides compound rewards. Each one of these actions is building up my networth and they each go hand in hand. Even the hive I get for this will end up staked, and there's potential to earn from that by hodling and voting.

So, I've had a ton of success on my financial journey by doing some giant financial wheel of compounding my successes after each other.

  1. Buy some cards
  2. battle in splinterlands
  3. earn from splinterlands
  4. post a video on twitter/youtube/tiktok about earning and battling in splinterlands
  5. earn from web 2 views
  6. post that video into a hive post
  7. earn from the hive post
  8. stake the earnings from the hive post
  9. earn curation rewards and hodling rewards from hive
  10. take excess rewards and put them in liquidity pools
  11. get fees when people trade
  12. get rewards from splinterlands for adding to the liquidity pools
  13. blog about the rewards
  14. get rewards about blogging about the rewards, make videos, and take all of that excess revenue and shove it into pools

If you understand this process you'll start small and you'll notice that your rewards grow over time.

There's so much to choose from

With splinterlands rolling out the last 1/3 of chaos legion, tower defense game, riftwatcher, an undisclosed project, Genesis League games, and so much more there's lot of ways for you to participate, blog about your participation, inject liquidity, and then blog about that to help compound everything you're doing.

Buy raman, live on the cheap, compound your earning, and lastly try to time your buying and exits as best as you can based around market opportunities. A good way to test if you're getting a good deal is to look at a long term moving average price. If you're over the average the market is basically expensive. If it's under the average then it's giving you a discount.

That's all for now. Happy hunting out there!

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The rewards earned on this comment will go directly to the people( @arc7icwolf, @shiftrox, @no-advice ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.

!gif tips hat

I‘m in a bunch of Pools, some of those rewards are very juicy.

Mmmmm sorry to be late to splinterland, i am in Little by Little, but get card one by one.
AND sps it Is great oportunity to invest, Is the starwars market un the future with toys, book, móvies, histories, commic book, AND a Lot of posibilities to comming soon.

By the way the Diesel pools, are so complicated for the impermanent loses, sorry i am not un this.

Thanks a Lot for make our dreams reality

Best regard from El Salvador the first BTC country.

@galberto

Greetings from South Africa 🇿🇦 how is adoption of Bitcoin/cryptocurrency over there in El Salvador 🇸🇻?

Amazing Man imagine paid your bus ticket with this, AND the cofre, vegetables, everything you want you could país, a Lot of people accepting BTC as a payment method, of course for do it you need a great lighting network, because it make More easily the way.
Thanks a Lot for comming.

Great stuff man, am really glad to be hearing this from you. Great know despite the market dip the use of Bitcoin in El Salvador goes on. I do hope in the end it will turn out a good move made by your country.

Cheers.

!PIZZA

What happened to your $80 Hive prediction from last year? :D

But yes, this is the road to success - small, diversified streams of income that can be compounded 😎👍

Step-by-step process to financial freedom. I am going to frame this and nail it on my wall. :')

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Thanks, @aggroed. xD

That's why I wrote an article a month ago to inform everyone about these gold mines. These pools are an alternate to previous formats of SPS airdrops and DEC in-game incentives.

Now, I receive DEC to cover my rentals and reinvest in DEC SPS or HIVE SPS pools to earn additional fees and pools rewards in Splinterlands.

Really, if someone has a keen eye for making real sexy money, this is a legit way.

Well done team.

For some it's overwhelming and complicated.. but I see the rewards and potential for the people who can handle it.

#DBuzz

Posted via Blog | D.Buzz

Triple income stream what I call it.

That’s great that you are doing well!

Posted via D.Buzz

Opportunities galore on Hive!

Are you also familiar with https://D.Buzz ?

Its built on the Hive blockchain, and the background work of it started in December of 2019.

Posted via Blog | D.Buzz

Yes I am, have used it a few times 🙂

Awesome 😄

Posted via D.Buzz

PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
@joetunex(5/10) tipped @galberto (x1)

Please vote for pizza.witness!

Famous Quote:
Uncle AGGY will make You RICH !!!

Excellent. I Am doing all of this and earning more from posting and commenting on Dtube. I now earn 1-3 Dtube coins from every comment on Dtube. It all adds up nicely. Thank you @aggroed … everything is awesome.

Have you considered visiting https://D.Buzz ? @offgridlife

Posted via Blog | D.Buzz

Mr. @aggroed IMHO Tribaldex and hive-engine has much more potential than splinterlands and your upcoming games. It would be great if you refocus your leadership in this projects and in doing that your game projects would benefit too.

Nice post, I didn't realize #Tribble was owned and operated by #SteemEngineCorp.

Posted via Blog | D.Buzz

Well there we went on our first pooling evahhhh to see what this comes up with.

Pooling the SPS which i want more for rifwatcher packs!

Not to be a downer, but we all realize the massive percentages offered are long-term unsustainable, right? Is there truly anything keeping an outside source from sweeping in with a couple million dollars and manipulating the market to their advantage?

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I've often noted that you could play a match and earn. Post it to youtube and earn. Embed that youtube in a hive post and earn. Add some tribe tags to that post and earn. Then use what you've earned to earn more.

Not to mention that anyone from anywhere with an internet connection and computer/phone can get started for free.

Hive really is ahead of its time and I feel bad for people who ignore it or didn't bother to dig in a bit deeper.

Sadly folks are wasting there time away on Facebook and the likes.

Thank God I found Hive, five years ago.

The thing I like most about #Hive is that the interactions are organic.

#DBuzz

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What are your thoughts about #HiveTube? @acidyo

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