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RE: HOW-TO guide on using hive-engine DIESEL POOLS
I have been hyped for this even before Diesel Pools launched. So far I haven't seen enough rewards to get me to provide liquidity. Currently I'm all in on CUB when it comes to DeFi. I hate the fees. But CUB price has so much potential to go up and rewards are excellent with 67.46% APY.
!PIZZA
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0E-8 BEE
@ecoinstant! I sent you a slice of $PIZZA on behalf of @vimukthi.
Learn more about $PIZZA Token at hive.pizza (4/10)
The Pizza team is leading in the 'providing rewards category', but I know @gerber is working on adding more layers to the swap.hive SIM pool as well.
And there is some great progress made distributing BEE rewards to different pools: https://tribaldex.com/tokenfunds/BEE:WORKERBEE
As this continues to grow, I hope it will get even better, but feeless pools are somewhat more limited in providing value than pools with fees. It remains to be seen what will be grown here.
It feels like a conflict between greed versus convenience. Providing liquidity on Ethereum, BSC etc. is very attractive due to the rewards. Best way to get more users is to HIVE DeFi is by appealing to users. Since transactions on HIVE are free, it is easier to experiment and get a feel of DeFi for the small users with small wallets. When there is a large user base, it can be easier to monetize that. @gerber has done a great job so far. Eventually some people are going to become users just like how it happened with Splinterlands. When the masses come, we need to have the tools ready. Even capturing a small fraction of DeFi market can mean millions of dollars of daily trading volume.
!PIZZA
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