Yes. π€ The exchanges would avoid providing liquidity to a token that barely has trades. π !LUV !wine
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Yes. π€ The exchanges would avoid providing liquidity to a token that barely has trades. π !LUV !wine
Yes I forgot the liquidity. Even though that could be solved with liquidity pools !wine
Maybe one of the requirements of exchanges to partner with Hive is a guarantee that there would be high liquidity and high trade volume. π€π€ !LUV !wine
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You mean to provide liquidity to HBD?.... !wine
Yes, and not to mention HIVE tokens too. π€
By the way, even HBD (in the form of SWAP.HBD) has 7 liquidity pools. π
Can we earn something with (or participating in) these Liquidity pools? !BBH
@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. π€
That's a great way to earn from your Hive Engine tokens that you don't want to either stake or sell. π However, there first needs to be a liquidity pair for the token you want to add liquidity to. π
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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
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