New MEME Liquidity Pool (SWAP.HIVE:MEME)

avatar

Happy 2023 everyone. @memehive is starting the new year off with some good news.

Introducing the SWAP.HIVE: MEME Pool

hive-meme-pool.jpg
Image Source: tribaldex.com/dieselpools

Before today if you wanted to convert SWAP.HIVE to MEME token you had to either do it on exchange and hope there was enough MEME being offered at near the bid price or trade SWAP.HIVE on the diesel pools for PHOTO token and then trade PHOTO for MEME token and vice versa converting MEME to SWAP.HIVE. Obviously an extra step incurred an extra fee which isn't ideal.

Starting today users on the HIVE blockchain can directly exchange between MEME token and SWAP.HIVE through the SWAP.HIVE:MEME liquidity pool. This is helpful for users who need to make a simple trade and Hive speculators who wish to engage in DeFi arbitrage.

Speaking of DeFi: there is a 1% daily bonus for liquidity provided to the SWAP.HIVE:MEME pool. The current rewards for LP distribution deposited today are 10 SWAP.HIVE and 100k MEME. More rewards will be added to the pool in the coming weeks.



0
0
0.000
16 comments
avatar

Happy New Year ! I hope we can share plenty of lol this coming year :)

0
0
0.000
avatar

Congratulations @memehive! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You got more than 6000 replies.
Your next target is to reach 6250 replies.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out our last posts:

Be ready for the first Hive Power Up Month of the year 2023!
Update For Regular Content Creators - New Yearly Author Badge
PUD - PUH - PUM - It's all about Power Up!
The Hive Gamification Proposal Renewal
Support the HiveBuzz project. Vote for our proposal!
0
0
0.000
avatar

I just added a small amount of liquidity and might add some more in the upcoming weeks.

0
0
0.000
avatar

Thank you for your support of MEME token.

0
0
0.000
avatar

The moment all meme holder were waiting !lolz

0
0
0.000
avatar
(Edited)

Are the MEME hodlers waiting for MEME:SWAP.DOGE now?😁

Thanks.

0
0
0.000
avatar

Would be cool i just gonna need to find how to bridge doge to swap.doge

0
0
0.000
avatar

Probably the easiest way is to deposit DOGE through https://tribaldex.com/wallet/ or exchange through @blocktrades.

Posted using MemeHive

0
0
0.000
avatar

Hey i discovered how to put distribution rewards would you mind if i add distribution rewards to meme:fun meme:lolz meme:photo meme:swap.hive

0
0
0.000
avatar

Hi, sorry to ask here, but I thought would be an appropriated tab... Can someone explain me how to trade on tribaldex? Like, the lolz token spiked 95%, going to mcap of 130k, after that I thought people would probably sell, so I have a bit over of 5% of meme:lolz pool, I bought some, I played tourneys, made some memes... and thats where I see the liquidity exit for lolz, cause lolz doesn't has any pool, and meme also has the meme:swap.hive , that is few liquidity... So anyway, I removed 30% of the pool to test which was like 700 lolz and around 55k MEME (btw meme had went 640% up), so I traded to swap.hive while that cause meme could also sell, so people sold lolz and went to from +95% to -26% or so, so I traded everything back (while the meme token had not change, even until now, and had some increase in mcap, cause I think was like 1k mcap before and went 5k lol, but still is liquid for low transactions ammounts)... So I swapped back swap.hive to meme and half to lolz and staked back, and then I had a lower stake and percentage of the pool (which I already saw it would be like that before swapping), I mean, probably cause of low liquidity fees too (that are higher), but I would guess I could trade the same ammount for more LOLZ and had a higher stake... Maybe all that was only cause the price tracks the last price negotiated on engine, got in doubt if could be some delay on pool prices too, I have no idea... Thanks if can enlighten how it works!!

0
0
0.000