BBH is expanding. Now has a Liquidlity Pool.

LIQUIDITY POOL

What is the purpose of a Liquidity pool? Well from Leo Glossary:

"Liquidity pools are a collection of digital assets that allow for peer-to-peer trading. Since liquidity is a measure of how quickly something can be converted into cash, the deeper the pool, the more liquid it is."

The key here is peer-to-peer. Creating a DEX in a sence rather than a CEX.

"The key to DEX is that they require no third part to hold funds."

"They are created by using smart contracts which allows people to lock their cryptocurrency into the pool. In most instances, this enables people to earn a return by joining the pool. This is often funded through the transaction fees generated by the pool."

All that being said, after almost 24 hours of launching the LP here are the providers so far.

As of now the rewards are $LEO and Alive tokens.

I want to thank @ironshield, @roger.remix, @flaxz, and @manuvert for adding liquidity to the BBH pool within the first 24 hours. Awesome.

It was a step leaning curve for me and I want and I need to thank Erik for all his help and once again putting up with my question. If you wanted my video from yesterday you will understand the extent of my learning curve. lol

This was another step, another brick in the foundation I am laying for Building BBH. I think people might be starting to undertand why I been calling it Building BBH all this time.

You can use TribalDex or you can use BeeSwap to view and to add liquidity to the pool.

If you want to do a swap of hive to BBH or BBH to swap.hive you can go here. Below is a screen shot example of what it looks like.

Now to the the Building BBH Outpost info.

BUILDING BBH OUTPOST

I want to thank everyone that is donating BEE tokens so far. Remember if you want to donate, please send them to @hive-112281.

OUTPOST FUNDING

UPDATE

If you have a keen eye then you will noticed the amount Left for funding has gone up instead of down. The reason is the liquidity pool. This cost 1100 BEE to get operational. But as I said above this was another brick in the foundation I am laying for the growth and longevity of BBH.

I am raising asking for dontations to a minimum or 5,000 BEE to a maximum of 10,000 BEE.

5,000 BEE will get the OUTPOST off the ground. The other 5,000 will add to it, as in, staking, delegation, I need 1 BEE stakes for each active member of the OUTPOST. Etc.

So if you have BEE lying around in your wallet or if you want to be a founding member here it is.

AIRDROP

I will on launch of the outpost, air drop 20 BBHO for every BEE donated to getting this launched.

Max air drop will be 200,000 BBHO. There will only ever be this one air drop.

Some math for you. If we where fully funded at this moment and launched.

Approximately 3 BEE to 1 Hive 60 BBHO equals 1 Hive 0.00057 USD for BBHO if Hive at 34 cents.

Are you in?

##BUILDING BBH

Every Saturday is Drip day. Now if you are not a regular reader of mine you are wondering what is drip day.

I run a income token and tipping bot all in one. The token is BBH. Every Saturday I payout the people holding BBH tokens. Passive income if you like. I like to call it a 'drip' of a token(s) to the people that own BBH tokens. And unlike some all you have to do is own it. No staking, no nothing.

Today over 900 payments were made again. And it was the second week for CTP tokens. I also left the bonus $LEO payout in place.

If you own 10 or more BBH tokens you got a drip of swap.hive.
If you own 5,000 or more BBH tokens you got a drip of swap.hive and the Alive token, and CTP Tokens.
If you own 10,000 or more BBH tokens you got a drip of swap.hive, Alive, CTP, and $LEO tokens.

All just for owning BBH. There are two ways you can get BBH. First you can buy them from the open market. I use TribalDex myself.

Or they can be tipped to you. The great part about BBH tipping is that when you tip a token to someone else you do not loose any of your own. There is a central pool that supplies them.

And a third way to get BBH would be people gift them to you.

TIPPING

In a 24 hour period, reset at new day UTC. There are currently four levels of tipping.

Level 1 = 1000 BBH holdings = 1 tip per day you can send
Level 2 = 5000 BBH holdings = 5 tip per day you can send
Level 3 = 20000 BBH holdings = 20 tip per day you can send
Level 4 = 50000 BBH holdings = 50 tip per day you can send

The tipping command is !BBH

I now set the release price of BBH to the markets daily. It is an open market so sometimes you can pick up deals when others are selling cheaper than my set price. The goal is to have 1 BBH = 1 Satoshi. I do a bit of math and get the price. If Bitcoin is stronger than Hive then the price of one BBH goes up and if Hive is strong than Bitcoin then the price goes down.

Here is the last week worth of price settings.

ALIVE AND THRIVING

BBH, HIVE, INLEO and ME are alive and thriving.

GOALS

Get BBH Outpost built
Post on Hive at least once a day
Bring some joy to my wife today
Top 20 Hive-Engine Witness
Stake 1 million LEO
Stay positive and keep a good attitude
Promote Hive to someone new
Get Curation Trial to 200 people
Hit 6000 HP by end of 2023
Do 2000 strait days posting on Hive
LPUD every month in 2023
Make BBH the number 1 income token on HIve
Visit Ghana one day

FOOTER

Please take time to support my Hive-Engine Witness Node.

Don''t forget to check out our Curation Trail

Don''t forget to check out the The PIzza Plan

Have a super positive day everyone.

All roads lead to Hive.

What is Hive?

Bradley

Posted Using InLeo Alpha