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RE: Fee Structure Changes Coming to Hive-Engine
I confess to know very little about staking liquidity.
I staked liquidity for a while... but I was not sure it was doing anything.
Can someone point me in the right direction with that?
0.07605776 BEE
This change, as I understand from this post, will cut 0.25% of anyone who uses a pool for swapping and those tokens will be distributed to the liquidity providers. This should increase the earning of the providers overall by exactly those 0.25% of the overall transaction volume.
check out the open source pools on https://alcor.exchange we need to learn from the math and work of @avral from Golos , the OTHER steem fork!
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just think of staking liquidity like you are a bee in a hive collecting sunlight by the square meter through photosynthesis
see its simple, you collect pollen like interest and hah
hahaha ok im not serious about that analogy but i was about to do that
But you get points for creativity!
POLLEN
see, this one gets it
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If you want to take the bee theme to a higher level, check out the SWAP.HIVE:PLN pool. It has some rewards in the usual tokens, and then a whole bunch of bee-themed gaming tokens. From an analogy standpoint, it's mind-blowing!
sure, here is the right direction: https://beeswap.dcity.io/swap?pools
tribaldex is great for superuser/devs/etc,
beeswap is great for liquidity providers.
both interact with the same pools.
Nice. Thank you very much.
I will check it out but also follow up once I regain liquidity after buying all the #Splinterlands packs I could buy!
You stake Liquidity and if the pool has rewards, you get them periodically. That's basically it.
Alright. What token is used for the rewards?
And when you say "if" that means that there is no guarantee that there will be rewards?
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If you are overwhelmed by the Tribaldex UI, https://beeswap.dcity.io/swap?your_positions is a bit simpler and does a good job overall.
Thank you. That's new to me, I'll give it a shot.
I tried the Tribaldex one and yes it was a bit difficult to understand.
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