RE: Our New Birdie! Meet Skyler.
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I think that many of them are okay with the (increased) risks associated with investing on #HiveEngine tokens instead of Hive Power (and the more stable HBD, which earns in Savings). 🧘♂️🤓
!INDEED
!LOLZ
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This changes everything.
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Well I would certainly hope so, otherwise they're shooting themselves in the foot. 😁🙏💚✨🤙
!BEER
!INDEED
When talking about tokens that have value (which translates into money), people should indeed not forget to do their own research well. 🧘♂️
There's the stable BEED (or BEE Dollar), which can currently be obtained either by burning BEE tokens or swapping with SWAP.HIVE, SWAP.USDT, or CENT. 🤓
That holds true for any layer-2 token, regardless of present value.
Yep, I know, and I earn and grow BEED via the pools. 😁🙏💚✨🤙
Hive people who want to create yet another stabletoken on #HiveEngine might be asked why they don't just simply want to support the BEED and PPDLR tokens (both pegged to $1.00 each) or the CENT token (pegged to $0.01 each). 🤯😅
!WEIRD !INDEED !HOPE !PIZZA
Well, I support all of those tokens. 😁🙏💚✨🤙
!HOPE
!INDEED
!PIZZA
!WEIRD
There's still the question of which of them you will support more !INDEED. 💸🤯😅
!LOLZ
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Her height is perfect.
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Well, I have a lot more HBD than anything else yet. I'm slowly getting close to 2 BEED in the pool, and I think I have around 0.1 PPDLR. Some are easier to generate than others. 😁🙏💚✨🤙
!INDEED
!LOLZ
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Sundae school.
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I have not seen that holding BEE Dollar earns any APR (not that it can be staked), but holding liqudity on the BEED:CENT liquidity pool earns roughly 45% APR. 💸🤓
!INDEED !HOPE !WEIRD !PIZZA
It grows fairly quickly in that pool, especially since I'm adding a little every day. 😁🙏💚✨🤙
!HOPE
!INDEED
!PIZZA
!WEIRD
With the CENT having a liquidity pair on #HiveEngine with the BEED token which is also a stabletoken, I think that the price of that CENT token will get closer to its peg of $0.01 each faster. 😎
!ALIVE
!LOLZ
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But take a look at me now.
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That's indeed possible. It also has a pool with SWAP.HBD to boot. 😁🙏💚✨🤙
!ALIVE
!LOLZ
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Now there is a career in ruins.
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I !HOPE that @pepetoken's PPDLR token gets its first liquidity pair with a #HiveEngine stabletoken pegged to $1 each (which are SWAP.HBD and BEED), which will make it more interesting !INDEED. 🐸😎
!WEIRD
!WINEX
!ALIVE
Yes, that would be helpful. The more token pairs that have pools, the better, and those paired with stable assets even more so. 😁🙏💚✨🤙
!ALIVE
!BBH
!HOPE
!INDEED
!WEIRD
However, I highly anticipate that the PEPE frog will simply say "need more funding for the 1,000 BEE requirement for a new liquidity pool" or something similar (either in human language or "PEPE Speak") about how expensive a new token liquidity pool is. 🐸🤯🤓😅
!WEIRD !INDEED !HOPE !PIZZA
Well, if he does, I understand, as that is very expensive, especially considering how useful BEE is in other areas like delegations and liquidity pools. It costs 100 BEE just to add new liquidity rewards, which is why I haven't reinstated them for the ALIVE:ALIVEM pool yet. 😁🙏💚✨🤙
ALIVE
!HOPE
!INDEED
PIZZA
Not only will it cost you 100 BEE to add new (or more) rewards for the ALIVE:ALIVEM liquidity pool which you manage, but you also need to fill in the rewards themselves (which are other tokens on #HiveEngine) from the wallet of either the #AliveAndThriving or your own Hive account. 💸🤯😅
!WEIRD !INDEED !HOPE !PIZZA
Oh, I know, and since we used BEE as the rewards, it's a double issue. 😁🙏💚✨🤙
!HOPE
!INDEED
!PIZZA
!WEIRD
Agrei 'n !HOPE so tu! Dew to costs unsure wen Mae habbens. Unless we find someone tu photo da bil. Wi cud opher tokens to reimburse dem. !PEPE !ZOMBIE
@savvyplayer noticed that your PPDLR token on #HiveEngine has a lowest sell order of 24 SWAP.HIVE each, which is a whopping $4.85 each, and a highest buy offer of 1.12 SWAP.HIVE which is only $0.23 (and that's only for 0.01 PPDLR, where the next offer is only 0.125 SWAP.HIVE which brings its price down to $0.0026). 🤔💸🤯💸🤯🐸😅 !WEIRD !HOPE !INDEED
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