Hive/Short Liquidity Pool and LP Reward Distribution Active
Hello everyone. I hope you're all doing well. About a week ago, I announced the Hive SHORT token. We previously created the Cent/Short liquidity pool and started distributing the liquidity provider reward. As of today, the Hive/Short liquidity pool is also active, and the LP reward distribution has begun. The distribution period will continue for one year.
As mentioned before, we included the Short token in our Stablecoin Study. We are adding a portion of the proceeds from this work to the Hive/Short liquidity pool as LP rewards. We will also support the Cent/Short liquidity pool. 3,650 Short tokens have been added to the liquidity pool as LP rewards.
Market maker orders have started to be entered in the @centtoken Hive/Short market. Automated buy and sell orders will also be sent via @dswap. Additionally, swap transactions will be conducted in liquidity pools to ensure consistent price movement of the token. Therefore, placing small buy and sell orders in the market will be quite profitable.
Note: I added some liquidity to the Hive/Short liquidity pool to ensure a healthy start to trading. I will buy SHORT in the coming days and add more liquidity. However, as the amount of liquidity in the pool increases, I will gradually withdraw my liquidity and start performing market maker transactions in the token market. See you soon. Stay tuned.
Posted Using INLEO
Hi sir! How much apr for this two new lp?
Hello. The Cent/Short liquidity pool shows 2.39%. The Hive/Short liquidity pool, however, shows %Infinity :) Liquidity is still flowing into both pools. Therefore, checking in a few days will provide more accurate data. You can check by providing a few Hives of liquidity and checking at https://tribaldex.com/pools/positions.
https://tribaldex.com/pools
https://tools.crypto-dreamr.com/beeswap/pools
Yes I will try to add tom when I get my liquid hive. Thank you sir!
Like seeing this SHORT token and concept. Had a similar thought. Will be checking it out. Keep up all the great work.
Thank you. Similar studies could be done for Gold, Bitcoin, or stocks. Hive-Engine offers this infrastructure. However, unfortunately, trading volume and liquidity are insufficient for almost all tokens.
Welcome. Yes it does. Agree with the unfortuneness. Have long wondered how to possibly create a token or tokens within and outside of Hive to help with such a matter. The Hive ecosystem is unique and has challenges from being smaller and different.
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