A couple of weeks ago, I expanded my experimentation to Velodrome to see how easy or difficult it was to surpass the 15% return offered by HBD, and I have to say I was surprised by how easy it was. It's true that you have to navigate a bit with impermanent loss, but that doesn't seem too difficult to me if you use high-quality tokens like Bitcoin. It's also true that not only impermanent loss exists, but also impermanent gain, which isn't talked about as much.
Screenshot.
So this week I reduced the investment in the experiment a bit, because I want to try new things on the Plasma network, which has some interesting features for the stablecoin world.
On Velodrome, I modified the pool size to avoid having to intervene so much. It's not that it's expensive to modify, but I didn't want to be so on top of it. It's true that short-term profitability suffers a bit, but returns still exceed 30%, which is much higher than here at Hive. Stability is good, and the worst that can happen is that you end up with Bitcoin. It's not a bad token to own.
!LOLZ
!HBIT
afacewithstory, you mined 0.9 π§ HBIT and the user you replied to (florakese) received 0.1 HBIT on your behalf as a tip. You can receive 100% of the HBIT by replying to one of your own posts or comments. When you mine HBIT, you're also playing the Wusang: Isle of Blaq game. π΄ββ οΈ | tools | wallet | discord | community | daily <><
What's more, you found 1.0 βͺ BLAQ pearl as a bonus treasure token!
Your random number was 0.14351766604823846, also viewable in the Discord server, #hbit-wusang-log channel. Check for bonus treasure tokens by entering your username at block explorer A, explorer B, or take a look at your wallet.
There is a treasure chest of bitcoin sats hidden in Wusang: Isle of Blaq. Happy treasure hunting! π Read about Hivebits (HBIT) or read the story of Wusang: Isle of Blaq.
lolztoken.com
To get his quarterback.
Credit: reddit
@florakese, I sent you an $LOLZ on behalf of afacewithstory
(1/2)
!PIZZA
!LOLZ
$PIZZA slices delivered:
@dianarose302005(3/5) tipped @florakese
Come get MOONed!