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RE: A Guide on How to Use Diesel Pools
For me, I think this is the most valuable post I'll read this week. I've been on the Tribaldex for sometime(mainly to swap tokens) and I always see this diesel pools but I never had a simple explanation of their purpose or what they do.
Thank you for this simple guide! Next time I visit, things will be more familiar and I'll be able to add liquidity to one of the pools based on the potential strategies you mentioned in your post.
0.00106426 BEE
I'm glad you found this guide useful. Those were only some strategies I could think of at the time of writing. It also helps that you can withdraw your liquidity from diesel pools at any time. Both adding and withdrawing liquidity are without fees and you can do them as often as you want and in any quantity (something you can't do in most other liquidity pools on other platforms).
I think I'll go with the second(a pool that protects you from a bear market or IL) and last(the tokens you receive as rewards) strategies because they seem more sensible to me.
That's a great advantage over other platforms, easy access to liquidity and without fees.
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