Taking A Plunge Into The Diesel Pools

3 years ago

Liquidity Positions Tribaldex Brave 4_3_2022 10_56_38 AM.png

I dislike having my Hive Engine tokens take an idle seat as they come in, you don't do that if you want consistent growth. While am not quick at dumping these tokens for another, I prefer accumulating more. Though I have sold some here and there for investing in Splinterlands cards.

With the Diesel Pools I feel I am a bit of a late participant but better late than never, so I took a plunge last month to explore the pools.

The ONEUP:SPT pool had me providing liquidity of ONEUP 592.727, SPT3679.035 with rewards so far as seen in the above screenshot.

Less than a week ago I provided liquidity to the DEC:SPS and ONEUP:SPT pools, I will be increasing the liquidity in the DEC:SPS pool for more SPS airdrops.

Liquidity Positions Tribaldex Brave 4_3_2022 11_45_14 AM.png

I have been navigating the pools for re-invest option so as to re-invest my earnings but don't seem to be winning with that, perhaps I don't know, I will appreciate a guidance on how to go about that, my thinking is having to remove liquidity and re-invest if I want to increase my liquidity in a particular pool (hopefully am making sense here)

Joe joetunex _ PeakD Brave 4_3_2022 11_52_03 AM.png

Besides taking a plunge into the pools, I have manage to dump 300 HBD in my savings, this puts a smile on my face as like numbers with zeros at the end. The goal HBD is to keep saving up with the next target 400 en route to 500 HBD.

I will be monitoring the reward, hopefully it will be worthwhile.

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leofinance oneup spt cent proofofbrain dieselpools tribaldex hbd

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4 comments

@ballsdeep690

3 years ago

!PIZZA

5.25313970 BEE

@ballsdeep690

3 years ago

!PIZZA

5.21933961 BEE

@jfang00375

3 years ago

I think diesel pools are quite interesting and they are slowly adding more tools to track your investment. The rewards are also quite nice but it's timed. So after the initial reward period is over, the rewards need to be manually added and there is no guarantee you will get the same amount.

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@joetunex75

3 years ago

So after the initial reward period is over, the rewards need to be manually added and there is no guarantee you will get the same amount.

Do you mean rewards for adding liquidity?

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@jfang00375

3 years ago

Yes, the liquidity provider rewards have a certain duration. Once that period is out, you won't collect any extra rewards daily until they decide to add more rewards to the pool.

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@hivebuzz74

3 years ago

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