I have been holding my BXT in the LP with SWAP.HIVE, getting me more BXT as reward. For 115 BXT paired with 167 SWAP.HIVE I get 0.125 BXT a day. Is that wise? I guess the rewards are similar to just staking BXT, like you're doing. Doing it that way it would free up some of my SWAP.HIVE for other things. But what do I do with the rewards? If they come in form of BXT I put it right back into the LP. If they come in form of HIVE, I guess I'd just collect it, or probably power up. So not quite sure which is better.
You are viewing a single comment's thread from:
Either is good, depends on your goals. If I had more funds, I'd be doing both. Set up the LP, and then stake the BXT earned from the pool. But that wallet is set up for hive income flow, completely passive, so that is why I have just staked there.
Yields are not really significantly different, LP involves more risk, but the yield from staking could disappear also as the conversion feature could run out of liquidity and the fee income from HIVE/SWAP.HIVE conversions could drop.
Best of luck to you.