Explaining how to use Tribaldex to buy COLONY and SCRIPT Tokens and how to add them to a Liquidity Pool

Today I'll explain how to buy COLONY and SCRIPT tokens on Tribaldex and also how to add them to a liquidity pool.

To begin, a brief overview of Tribaldex.

What is Tribaldex?

Tribaldex is a platform that empowers communities, project owners, fundraisers, developers, and businesses to quickly and easily build on the Hive blockchain like never before.

You can find more information on how to use Tribaldex in the Documentation.

After accessing the Tribaldex website, simply log in to start accessing its features.

You log in using your Hive account using the Keychain.

After logging in, you'll have access to the website's features. If your goal is to buy COLONY and SCRIPT tokens, go to Swap. This is where you'll be able to exchange your tokens for other tokens (including Swap.Hive).

Let's take a look at the current prices of COLONY and SCRIPT tokens on Tribaldex.

Currently, 1 COLONY token costs 0.00088 Swap.Hive.

Currently, 1 SCRIPT token costs 1.34 Swap.Hive.

Remember that Tribaldex has a fee of up to 0.50% per transaction.

Now, let's compare the price of COLONY and SCRIPT tokens on Tribaldex with their current price on Hive Engine.

The lowest price for the COLONY token on Hive Engine is 0.00089 Swap.Hive, and there are few at this price, so Tribaldex is the best option.

The lowest price for the SCRIPT token on Hive Engine is 1.749 Swap.Hive, and this price is higher than that of Tribaldex.

Of the two token options, Tribaldex is still the best option to buy them, even with the 0.50% fee.

Now let's take a look at the liquidity pools for the COLONY and SCRIPT tokens.

Just click on the Pool option under Swap and you'll be directed to the Tribaldex liquidity pools.

Currently, there are four liquidity pools with the COLONY token:

• COLONY:SCRIPT
• SWAP.HIVE:COLONY
• SPS:COLONY
• GLX:COLONY

These liquidity pools have rewards, so you'll receive these rewards daily while you're in these pools.

There are currently four liquidity pools with the SCRIPT token:

• SCRIPT:GLUSD
• SWAP.HIVE:SCRIPT
• COLONY:SCRIPT
• DEC:SCRIPT

These liquidity pools have rewards, so you'll receive these rewards daily while you're in these pools.

How to add liquidity to pools?

Adding liquidity to pools on Tribaldex is very simple.

Go to the Add Liquidity option in Swap and choose the pool you want to add liquidity to.

I'll use the COLONY:SCRIPT pool as an example, where you need 1,000 COLONY tokens for every 1 SCRIPT token.

This was my post on how to buy COLONY and SCRIPT tokens on Tribaldex and also how to add them to a liquidity pool. I'll be posting more informative posts soon, so see you in my next post.

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