I currently have some liquidity in the LEO/Hive pool.. there are not much rewards for doing so besides the BXT you get for my self I currently get about 0.03 BXT worth $0.521 for providing 193.31623945 SWAP.HIVE / 1397.224 LEO worth ($695).
I wanted to add to that pool but provided the rewards I get would be that of BXT since by going into the https://tribaldex.com/dieselpools/pools scroll down to SWAP.HIVE:LEO.
There are no rewards for providing an LP for LEO paired with SWAP.HIVE.. it got me thinking.. If I should be more focused on Pure LEO and power up and stack as much. The rewards are and would only be 0.03 BXT worth $0.533.
Impermanent loss
I see LEO making a come back and making a good investment decision in the project is a move I am willing to take and as much risk as there is or isn't Leo is a coin I will be stacking more often. I will check out CUB as well I have been hearing from down the grape vine there might also be an airdrop for it!
Pulled from an old post of mine
I have gained value in terms of USD but loss LEO due to that impermanent loss....
Impermanent loss is a unique risk involved with providing liquidity to dual-asset pools in DeFi protocols. It is the difference in value between depositing 2 cryptocurrency assets within an Automated Market Maker-based liquidity pool or simply holding them in a cryptocurrency wallet.
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VALUE
Before
202.93712312 SWAP.HIVE
1330 LEO
worth $670
Now
193.28779425 SWAP.HIVE
1397.43 LEO
worth $726
More Value!
Leo Finance Stake 4000 LEO and LEO tops Hive x4...
at one point in time last year LEO was 4x the value of hive, at the time those where some massive numbers for a Hive-Engine tooken.. the value and the continuation of work and deliverance of features and such, helped hype up the coin. Now a days though Hive is ahead of the curve by a long shot, luckily I sold most of my LEO stash at the top guess it is now time to come back in since look at these rations and how much LEO one can get for 1 Hive. Bonkers.
What a great time to get back into Leo, sure it was hyped up and everyone and their mother was all into Leofinance, nowadays the talk is about Splinterlands and Airdrops, here on hive, Lets dive into Leo and get back into the groove of things
I pulled the trigger and Picked up some LEO!
With the 500 Hive I have in my wallet, I could get 3630
Market Recap
- Minimum received: 3630.716 LEO
- Price impact: 1.414% - 1.914%
- SWAP.HIVE price: 7.13282513 LEO
- LEO price: 0.1401969 SWAP.HIVE
I will still think it over a couple more times to see what the best course of action is regarding my LEO move, pool or full leo..
I have a feeling I might lean more towards stacking more LEO, more benefits.
I can feel the hype in the air, LEO is about to boil over and spill out profits.. sure it's had its ups and downs we all know LEO is working behind the scenes.
A piece I wrote months back I stand with Leo
Overall, I wanted to share my pool addiction. Happy Holidays
Who Am I?
It's me Chronocrypto...
Thank you got reading my content, not as deep as others on here, I express my self like I know how.. I also wanted to share with some things about what I have going on Hive and or around the blockchain..
I run Project Utopis, Project Utopis Whitepaper You probably have seen Utopis posted around, of not check out some of these posts created by holders of the coin.
Utopis content from holders
Utopis best in class dividends project - Written by hykss
Planning on increasing my UTOPIS stake | Data of Total Hive received by the UTOPIS investors Written by bala41288
utopis project dividends dropped but now you 're drops in other coins ... Written by funnel
One the best token on hive and its lovely dividends 😍💰- Written by bhattg
A Way To Earn More Hive On Hive While You Sleep- Written by readthisplease
If you're not looking into Utopis, you should be.- Written by dagger212
Tokenomics of Project Utopis
- Total Hard Cap: 1 Million Tokens~
- Total Burnt (null) 850,000
- Total Minted: 150,000 and in circulation (80776.7836134) held by accounts, I currently hold 69,223.21638656
- Current true* price of Utopis 5 Hive.
Utopis is at 35k hive delegated,
Increased Utopis Delegation Rewards
Delegate Hive to Utopis to earn Utopis token
You can you buy Utopis on Tribaldex.
“Tribaldex is made by the same Hive-Engine Team”
Future goals
Continue building Project Utopis to it's fullest, I enjoy delegating success to other projects.
Continue providing network support, helping scale once needed and hopefully launch my last part of Project Utopis to be a cool ecosystem in part with Hive and all other projects.
Go ahead and VOTE on both Hive and Hive-Engine Witness Serves @chrono.witness
Hive Witness Vote - https://vote.hive.uno/@chrono.witness
Hive-Engine Vote- https://tribaldex.com/witnesses
Thank you much for the support.
Posted Using LeoFinance Beta
