Sort: Β 

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. πŸ€“

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. πŸ˜…

svanbo, savvytester sent you LUV. πŸ™‚ (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

Dear @savvytester, you just got hugged.
I sent 1.0 HUG on behalf of @svanbo.
(1/3)

savvytester, svanbo sent you LUV. πŸ™‚ (1/10) tools | trade | connect | wiki | daily

Made with LUV by crrdlx.

I recommend using #BeeSwap (https://beeswap.dcity.io/pools) to see all liquidity pairs currently present on #HiveEngine tokens. πŸ€“ !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)! πŸ€“ !LUV

Dear @svanbo, you just got hugged.
I sent 1.0 HUG on behalf of @savvytester.
(2/3)

svanbo, savvytester sent you LUV. πŸ™‚ (7/10) tools | trade | connect | wiki | daily

Made with LUV by crrdlx.

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. πŸ™‚ (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. πŸ€“ !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. πŸ™‚ (8/10) tools | trade | connect | wiki | daily

Made with LUV by crrdlx.

Just wanted to say... HBD and Hive will not be worth more in Liquidity pools than they would be in my wallet !LOL !LUV

svanbo, savvytester sent you LUV. πŸ™‚ (5/10) tools | trade | connect | wiki | daily

Made with LUV by crrdlx.