Actifit and SportsTalk on Diesel Pools - Let's Get Farmin!
We are excited to be announcing the launch of the first AFIT pools on hive-engine's diesel pools!
This is another step into expanding Actifit DeFi, particularly on hive-engine, and another collaboration with @sportstalksocial community.
AFIT-SPORTS pool
We have been recently in discussion with our partner sportstalksocial about having such a pool, and we both believe this is helpful for the ecosystem and to strengthen our collaboration.
Hence, we went ahead and co-created the AFIT-SPORTS pool.
This provides actifit and sportstalksocial users the means to stake their token pairs and earn rewards, but also provides liquidity for swapping the tokens via diesel pools, as well as rewards to our users who own AFIT and/or SPORTS tokens (more on that below).
AFIT-HIVE(SWAP.HIVE) pool
To provide means for our users to stake their AFIT v/s HIVE and earn rewards, but also to provide good liquidity v/s HIVE for any swap activity between AFIT-HIVE, we have created the AFIT-HIVE (SWAP.HIVE is the HIVE token on hive-engine).
The pool is accessible via hive-engine interfaces, including tribaldex.
Rewards
As of yesterday, hive-engine team implemented a new approach to fees (link here, whereby liquidity providers earn 0.25% on every swap transaction (the whole fee of the swap transaction) performed via the diesel pools swap function. This is an approach to grow the liquidity on hive-engine.
Quick How-to
To view the available pools, head over to below link (filter by AFIT to reach both pools):
https://tribaldex.com/dieselpools/pools
To add liquidity, head over to the below link, and pick whichever pool you would like to add liquidity to
https://tribaldex.com/dieselpools/add
To swap tokens using diesel pools, use the link below (swap is buying/selling tokens functionality, similar to the hive-engine exchange functionality, yet relying on the liquidity pools' funds instead of your standard order book)
https://tribaldex.com/dieselpools/
Further Work
We plan to roll out more diesel pools in the future.
We are happy to hear your feedback and are looking forward to seeing how this unfolds, as well as improving this as we go along.
Do you plan to have LP rewards for these pairs? Most of the other recently launched pairs like #cine (SWAP.HIVE:CINE) offer rewards with good APR
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Good step. Awesome synergy between SportsTalkSocial and Actifit cimmunities. I hope a LP bonus be added for liquidity providers.
It's already there na?
I can see LP providers has fee bonuses already on Diesel pools
Nice! Good synergy between these 2 tokens.
I was about to add to the LP, only to discover i have no afit tokens showing up in hive engine, and when i try to check in the @actifit app i just get "unable to check balance".
Any ideas why ?
I can see you have 5592 AFIT tokens
Thanks @kpreddy
I wonder why they aren't showing in hive engine 🤔
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