Awesome News for Liotes
3 years ago in LeoFinance by liotes (72)
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I remember getting a little bit of that token off of Zoltan's WORKERBEE pool but I haven't looked into it much. I still think I will just go the route of staking rather than providing liquidity. Has the ratio between LEN and LENM been staying fairly consistent?
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The ratio goes a bit up and down but lately it's quite stable and there is also more liquidity around. Staking is also a good choice definitely :-)
Awesome news indeed Achim, and yeah APR is between 90% to 100% if you buy it at this prize point, plus we also have a burn policy in place as well to keep the APR up, have an awesome weekend.
!ALIVE
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I read a post where it was about 94% APR and I thought it would go down over time. With burning you can keep APR higher. Since I do the same with ctpsb, APR has remained stable. Thanks for running this Awesome token ;-)
Thanks Achim, and yeah the lower is usually the one counted weekly, but that can swing quite a lot up and down, the APR for all time is around 100% if you buy it today.
!ALIVE
You Are Alive so I just staked 0.1 $ALIVE(6/20)@achim03! to your account on behalf of @flaxz.
The tip has been paid for by the We Are Alive Tribe
through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.
You Are Alive so I just staked 0.1 $ALIVE(9/20)@liotes! to your account on behalf of @flaxz.
The tip has been paid for by the We Are Alive Tribe
through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.
This is good news, but I don't know what to do with it? I can stake it, but that's it...
You don't even need to stake it. Simply keep in your wallet and sell at a highe price later on. In works on the same principle than ctpsb.
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Good news for diesel pool LP 👍
I think so too :-)
Good addition and also a great token. In any case, I think it is a pool with too little liquidity. For example, the slippage for changing 1000 LEN is 14%
It's true that the liquidity isn't that big at the moment but we have to keep in mind that the number of LEN tokens is limited. Only 1008 tokens are minted every week.
As Achim said, the LEN tokens are very limited as we didn't want to print tokens from thin air and inflate the markets... So, all that you see in the pool, and on the H-E markets are tokens created by LENM... It is slowly building up, and the most important is that everyone is equal... Liquidity providers had the same start and can earn accordingly to their stake in the pool... ;)
If that's the "price" that we had to pay, we will do it... Build it organically and by all participants equally... ;) It will take time, but we are here to stay, and people earn rewards during the journey, so all good :)
Cheers!
It is AWESOME news indeed! That's another token that I never sell. :)
The token has an awesome APR. It's flying under the radar but it's a great token.
Nice!
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Thanks :-)
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Thanks for the curation!
This is Awesome news. Thanks for growing the rewards pool.
It is awesome to have AWESOME tokens in our rewards pool!
Thanks for being a part of the Liotes family!
Hmm it shows: "3speak.tv refused to connect." for me. Not sure why.
3SPeak is having some issues lately and it's out of our control... But, as I can see, you succeed to watch it!
Looks like the video is back up! I managed to watch the video now. Thanks for the update!
Because this is such an awesome post, here is a BBH Tip for you.
. Keep up the fantastic work
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