What is truly revolutionary is that the Hive will be locked up, effectively taking it out of circulation, while also using it to generate cashflow over the long term.
It might be slow at first, but over time this could have the effect of pulling liquid Hive off of the exchanges, potentially at an accelerating rate.
Yeah. We are seeing a bit of that right now. Not sure what the reason was other than maybe a lot of people finding other use cases for it onchain.
It was small, maybe 5%, but a start.
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I've been stacking more Hive lately because I can double airdrop points for DEC if it's in a liquidity pool, so I pair those two. Others in my guild are doing it, too. I imagine it's all of us. :D
Wait! There's a Hive/DEC LP?!? Where?
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Tribaldex.com
How do you paid Hive and DEC?
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I don’t understand the question.
I’ve been liquidating raffle winnings for hive, swapping for DEC and adding liquidity on tribaldex.
Ah okay. I was thinking there was a Hive-DEC pool.
Sorry for the confusion.
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There is a Hive:DEC pool on rtribal dex. That's how I swap so cheap. :D Day before yestereay I was getting it for .1% for under $200 swaps.
EDIT to add: I think I get the confusion now. There aren't rewards for adding liquidity yet afaik. The boon for me is the x2 airdrop points for having the DEC in a pool.