Hey All,
I have been providing liquidity for the second layer tokens here on the HIVE Blockchain for quite some time now. There was also a time when my total liquidity value crossed $10K+ and now currently there is again a spike that one can see from the above image taken from Tribal Dex, right now the total investment stand around $5K+ and increasing slowly and gradually as I further add funds to the liquidity pool that I am invested into. Here is the summary of the various liquidity pools where I have my investment::
My Investment in Liquidity Pool...
In total 4 liquidity pools that I am mainly interested into so far and here is the breakup of how the investment is looking so far::
- SWAP.HIVE - SIM - worth $2.6K+
- SWAP.HIVE - CROP - worth $900+
- PKM-SIM - worth - worth $1K+
- SWAP.HIVE - ZING - worth $700+
The recent one added is the SWAP.HIVE - ZING. I had a placed bid order like weeks ago and today to my surprise the order was executed and I went ahead providing liquidity for the same. Will talk about more in detail in a sperate post at to why I choose investing in #zing token. Now a quick commentary on the rewards that I am getting from all these pool. If I were to sum up the rewards in terms of #hive then in total I get close to 15 #hive daily. The rewards from the SWAP.HIVE - SIM and SWAP.HIVE - CROP are directly in the form of #HIVE but for the other two pools its different second layer tokens like:: #dec, #sps, #pkm, #zing and others. These tokens at the moment I am mostly adding it back to the liquidity pool. At times I do swap it for #HIVE and that hive is powered up as usual. Ok so what next is coming is the big question to be answered. I will be honest here for now there is no intentions like bring this liquidity investment level to like it was before i.e. $10K+ mark. But all that I plan for now is to reap the benefits and take advantage of #hive that I am getting daily. I have also placed another buy order for #zing and if this gets executed then I am almost done with what I wanted to invest in the SWAP.HIVE-ZING liquidity pool. I may even consider booking some profits here if #hive further moons so lets see how things pans out in near future. Well this should be it for todays post around - HIVE - My Liquidity Pool Investment Touching $5K+ What Next?... Happy Investing... cheers
Have Your Say on Liquidity Pool Investment - Convert SWAP.HIVE to HIVE - BeeSwap Portal...
Did you observe the spike in dollar value for your liquidity on hive-engine? Did you leverage the convert swap.hive and vice-versa service provided on Beeswap? Which service you do use while converting #HIVE & SWAP.HIVE? Would love to hear your thoughts around it in the comment box below? Cheers
HIVE - My Liquidity Pool Investment Touching $5K+ What Next?
#swap #hive #beeswap #swapservice #reliable #swaphive
Best Regards
Image Courtesy:: beeswap, peakd, tribaldex
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've have an interest in BlockChain & Cryptos and have been investing in many emerging projects..
Glad things are working for you and my only worry is not having the liquidity when everyone else is looking to cash out. Maybe this is different in these pools as I know very little about this. The secondary tokens on Hive Engine is my worry as I have seen this play out before.
Thank you dear @cryptoandcoffee so far things are working. I just hope it continues and I am able to make a decent profit in this crypto bull run. cheers
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Quite a good article writing.