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RE: Cent/Sps Liquidity Pool and LP Reward Distribution Active
(edited)
We can say that the event of creating new #HiveEngine liquidity pools itself already helps the Hive platform, as it helps increase the price of the HIVE token (by indirectly burning them). 🤔😎
Such HIVE tokens are swapped for BEE tokens which are then burned 🔥 upon creation (or upgrade) of a Hive Engine liquidity pool that requires at least 1,000 BEE tokens. 😎😏
0.00491749 BEE
Well, it definitely burns BEE tokens, but the SWAP.HIVE from which it's often, though not always, swapped, remains intact. As an example, the BEE that I'll be using to cover our portion of the creation of the soon-to-be ALIVE:LBI pool will come entirely through curation, since @aliveandsocial has 20.4k+ staked BEE, so it accumulates rather quickly. 😁🙏💚✨🤙