RE: PEPE Dollar
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All the PPDLR that I receive goes straight into the PPDLR:PEPE pool! π π π β¨ π€
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All the PPDLR that I receive goes straight into the PPDLR:PEPE pool! π π π β¨ π€
When @pepetoken enables PPDLR staking, then you would split the PPDLR that you receive into both PPDLR staked and PPDLR liquidity. πΈπ€
!PIZZA !ALIVE !STRIDE !HUG
Yes, this is still a possible idea man. !BBH !UNICOIN !ZOMBIE
That's actually a problem of @savvyfrog how many PEPE tokens to stake and how many to put to the PEPE:PPDLR token pair as liquidity. πΈπ€―π !WEIRD !INDEED !HOPE !PIZZA
Just dew both froggie frens! πΈπ€―π !WEIRD !INDEED !ZOMBIE
@savvyfrog !INDEED is doing both, but its problem is how to portion the PEPE tokens it receives as staked or as liquidity. πΈπ€―π !WEIRD !HOPE !PIZZA
That'd be cool, though it would depend on what benefits come from staking when compared to adding them to the pool. π π π β¨ π€
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I suggested to @pepetoken to add APR to staking PPDLR (when the PEPE Dollar token finally supports staking !INDEED), though with the reminder not to make it too similar to how people on Hive earn from Hive Power and HBD in Savings. πΈπ€
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Cool. Well, I'll be interested to see if something comes of it. π π π β¨ π€
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Enabling staking alone for any #HiveEngine token (such as PPDLR in this case) will require @pepetoken a whopping 1,000 BEE tokens, and the PEPE frog will need to devise ways to sustainably deliver the APR for PPDLR tokens staked. π€―πΈ Perhaps you can share your ideas !INDEED! ππ
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Yipes, that's a lot! There are a few good pools to generate BEE, also buying WORKERBEE, which is the BEE miner. Regarding the sustainability of PPDLR, I'd don't have much to say yet. I don't really have any details, so it's hard to come up with suggestions. π π π β¨ π€
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Waiting to generate 1,000 BEE from #HiveEngine liquidity pools or holding WORKERBEE might take a very long time though. πΈπ€― Besides that, keeping the price of 1 PPDLR as close to $1 as possible while distributing APR sounds like an enormous challenge !INDEED for our PEPE frog @pepetoken! πΈπ
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Yep, that's true, it would certainly take time, though with the pools the more that is put in, the faster it grows. Yep, that is a formidable challenge indeed. π π π β¨ π€
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Since you know that pools that have more liquidity have faster growth, let's help support @pepetoken by putting more liquidity on its pools (with the PEPE token on them)! π€πΈ
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Sounds good man! !BBH !UNICOIN !ZOMBIE
@savvyfrog likes curating posts with the #pepe tag on them, so that not only its PEPE holdings grow, but also support the PEPE community in general! π€πΈ !HOPE !INDEED !PIZZA !HUG
Oh, I am. I add liquidity to PEPE pools every day. π π π β¨ π€
!ALIVE
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The PEPE:PPDLR pool is the most exciting to @savvyfrog. πΈπ Let's !HOPE that @pepetoken's PPDLR token's price becomes even more stable at $1 each on the #HiveEngine market! π€πΈ
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Cool, and sounds great! π π π β¨ π€
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I should remind @savvyfrog that its liquidity percentage on the PEPE:PPDLR pool is now less than 90%, though would undoubtedly remain the Top 1 liquidity provider on that pool within the next few weeks. πΈπ
!HOPE !INDEED !PIZZA !STRIDE
Haha...anywhere near 90% of the total pool liquidity is beyond excellent. I'm at 2.644%. π π π β¨ π€
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Still currently thinking APR in the pool (pond) may be a better idea. !BBH !UNICOIN !ZOMBIE
That's a good idea too, since you would simply let the #HiveEngine nodes perform the distribution automatically, instead of you or your bot manually distributing such APR to stakeholders. πΈπ !INDEED !HOPE !PIZZA !ALIVE
Yes, all about automation. Eet easier fer froggies liek miselph.
Lucky pond! !INDEED !WEIRD !HOPE !STRIDE !ZOMBIE Wif MMB Love man π π π β¨ π€
Well, my stake is still only a tiny puddle, but it's growing every day! π π π β¨ π€
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!MMB
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Eet's a grow'n poodle man! Keke ! π π π β¨ π€ !HOPE !INDEED Mi Pepe lobe MMB !STRIDE !WEIRD !ZOMBIE
Pepexactly, and compounding interest and exponential growth will help out a lot too! π π π β¨ π€
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