Pizza Liquidity Pool | Now Earning 1000 Starbits Daily and an Easy Guide to Liquidity Pools
Hello pizza folks!
I just would like to share to you all that I have achieved a little target of mine from the Liquidity Pool the Hive Pizza created. I've been eyeing this one for a while now and I think I'm a little to late on this, I'll explain later.
This Liquidity Pool is in terms of Pizza and Starbits the main token for the Rising Star. This pool has an active reward which is really a good one in terms of APR. This one has an Average APR of: 127.838%!! You can check it out on your preferred tool, I use @beeswap to check and convert.
This Liquidity Pool really give good returns but I think I am on the short end here because as you can see here that the reward pool will end in less than a weeks time. I'll also show here the rewards still remaining in that time left.
I really hope that they replenish the rewards once more lol. This is a really good spot for me to store my starbits as I collect them slowly to reach the 1m Milestone and receive the Starbits Millionaire badge. Hodling and earning at the same time, its like hitting 2 birds with 1 stone right?!
For my hodlings in this liquidity pool here they are:
As you can see I've reached a thousand plus units in $PIZZA which is great in itself. But that is not the only thing I'm eyeing. As you can see on the right most side which is the daily rewards I can receive daily, I've reached 1000 starbits daily returns! This is a target of mine ever since I've known about this liquidity pool and now I'm here! It may be late because it is about to end but still I've reached it and that is all that matters for now!
For now I'm still hodling on a few liquid $PIZZA and looking on what to do with this as I'm out of starbits tokens to put on the pool for now. I'm gonna continue to busk to glory in my rising star career while keeping my eyes open on different ways to earn and learn. Let's all celebrate by drinking!! Cheers!!
If you would like to know how to put in liquidity or exchange tokens for cheaps you can read a little longer.
I personally prefer using beeswap for my exchanges or swaps. They're so neat and straightforward. You can access here at beeswap.
- Login your Hive Account. Then go to swaps tab
In here you can swap tokens to tokens directly if a liquidity pool is available for such exchange you want. For example as you can see I can exchange Pizza to Starbits and vice versa. This is doable as long as a liquidity pool is present and has enough to service your exchange.
- In swap tabs, go to the pools
In this tab you can search up the liquidity pool you want to put in. Without searching, it displays all the pools available. You can also filter in if you only want to look for with rewards. Hive Pizza alone has 4 Pools active and all has rewards of their own!!
- Click on the "(+)" to start inputting your desired amount
For liquidity pool, you need to keep in mind the you need to put in equal amounts in terms of $$ of the two tokens involved. As you can see in picture I can only put in 15.12 PIZZA despite having much more because I only have so much DEC in my wallet. The amount is auto generated for the other token as long you put in one value for either the token.
A warning: Splinterlands doesn't count your DEC for SPS airdop in liquidity pool provided by PIZZA:DEC pool. Just a heads up.
After that 3 easy steps you're now providing in on a liquidity pool! You can see all your listings on the Your Positions sub tab.
That is how simple and easy you can put your tokens in a liqudity pool. Or how easy it is to exchange tokens that is most of the time cheaper compared to buying and selling. What's stopping you now when you know this?!
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