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RE: Sunsets, Friends, and Fields: Finding Joy in the Simple Moments

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My experience, after working with a great many pools for years, is that within the reward period, things remain quite stable. 😁 πŸ™ πŸ’š ✨ πŸ€™

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I wonder if you are referring to liquidity pools in general, or only those on #HiveEngine. πŸ€―πŸ˜…

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I only have experience with diesel/liquidity pools here on Hive Engine. 😁 πŸ™ πŸ’š ✨ πŸ€™

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I assumed you have at least a bit of experience trying other liquidity pools from other blockchains, such as on ETH. πŸ€―πŸ˜…

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Nope, nada, only on Hive. I also have no interest in ETH.

Tons more thanks! 😁 πŸ™ πŸ’š ✨ πŸ€™

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Perhaps the reason why you don't try liquidity pools on other blockchains is because of their loads of transaction fees, or putting trust on a centralized token exchange. πŸ€―πŸ€“

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Yep, I'm not a fan of either. I'm very picky about blockchains.

Mountains of thanks again! 😁 πŸ™ πŸ’š ✨ πŸ€™

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I wonder which sovereignty-driven platforms (which @savvytester mentioned a lot) that use a blockchain you use apart from this Hive blockchain. πŸ€“

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I'm on Bastyon, DeSo, and Qortal too, and I'm slowing exploring Solana, but honestly none of them can compare to Hive, or hold my interest the way that Hive does. 😁 πŸ™ πŸ’š ✨ πŸ€™

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That means the extra rewards for adding liquidity to a token pair is a major factor in the stability of such liquidity pools, as I have seen on #HiveEngine many token pairs without extra rewards having low liquidity. πŸ€”πŸ€―πŸ˜…

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Yep, I'd say that such is the case. Without useful daily rewards, there's little motivation to keep assets in pools. 😁 πŸ™ πŸ’š ✨ πŸ€™

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That's unless one or both of the tokens in the liquidity pool are loved by many people on Hive, where they would add liquidity to support the tribe token regardless of possible monetary rewards. πŸ€”πŸ˜Ž There's already the 0.25% commission shared between all liquidity providers of a token pair for every swap between those tokens. πŸ˜ŽπŸ€“πŸ˜

Well, yes, if someone loves and wants to support certain tokens and communities, that makes sense. I still have rather limited resources yet, so I need to allocate them in a way that provide the most benefit. 😁 πŸ™ πŸ’š ✨ πŸ€™

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Your comment reminds me of the PEPE frog @pepetoken's post where you burn a specified number of PEPE tokens to get 1 PPDLR (pegged to 1 USD) in return. πŸ€” That's one way to help support the PEPE frog and its Hive community! 🐸😎

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This is the first time that I'm hearing about that. Hrmmm... πŸ˜πŸ™πŸ’šβœ¨πŸ€™

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I believe that the Hive blockchain's PEPE frog @pepetoken would do its best to keep the PPDLR token as close to $1 each as possible. πŸΈπŸ˜…

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While mi may tink dat mi may, mi also tink dat others may will do their best to keep da Pepe dollar stable. Eet is ob consensus. If someone chooses to sell and another to buy at less than a dollar (or higher), dat is their choice. !DOOK !DIY !LUV

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Yes, I imagine that he would, and it'd be great if he succeeded.

Thanks much! 😁 πŸ™ πŸ’š ✨ πŸ€™

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@tydynrain just sent you a DIY token as a little appreciation for your comment dear @savvyplayer! Feel free to multiply it by sending someone else !DIY in a comment :) You can do that x times a day depending on your balance so:

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@savvytester just sent you a DIY token as a little appreciation for your comment dear @tydynrain! Feel free to multiply it by sending someone else !DIY in a comment :) You can do that x times a day depending on your balance so:

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