Welcome to the latest edition of the Liotes news. The content this week:
- There are 98 days left until the reward pool linked to the Diesel pool LEN:LENM will run out. However, we have already been putting money aside for the next one...
Liotes
A project run by @ph1102 and @achim03
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At the moment there are 132 LEN tokens in the prize pot for the Liotes Power Challenge 2025.
This is a timely subject. Because I've been learning a lot about liquidity pools recently. Mostly from a series of 3 posts from @forykw starting with liquidity pool basics.
One thing that I didn't learn is, why are they called diesel pools?
!BBH
I think it might be because of Rudolf Diesel... but I might be wrong.
Right or wrong, I'll have the ear worm "Rudolf the Red-Nosed Diesel Pool" singing at me every time I see a liquidity pool from now on! 🤣🤣
!BBH
It was a decision by the hive-engine team... The reason behind it... No idea lol
Thanks for the update. Amazing to see 160k on the Liotes voter. Growing fast.
Yes, it's great to have so much HP supporting voter.
Thanks for the update, and its nice to know that the rewards will be added when the current one expires.
We try to build something sustainable and try to refil the pot along the year.
Great to see ya'll have already prepared for this, Makes it so much easier when you set aside a little as time goes by then needing to come up with the renewal all at one time. Great progress.
It's definitely much easier like that and like that we can build something sustainable in the long run.
Nice to know you're planning for the renewal.
One question: Beeswap quotes an APR of 24.150% for LEN:LENM whereas Tribaldex consistently quotes about half the Beeswap rate - APR: 12.39%. With other pools, the two exchanges quote similar rates. The discrepancy has puzzled me for a while...
!BBH
!ALIVE
The Beeswap one is the correct one because Tribladex doesn't include the swap.btc in it's calculation. I dont' know the reason of this bug...
thanks for the update.
I do have a share in the pool. 3 more months to go
!BBH
!ALIVE
Nice to see you staking some liquidity :-)
The project's future looks secure then. :)
We hope so :-)
Thanks for the update! Good to see you guys are prepared!
We try to be :-)
Thanks for the updates and glad you guys are always ahead in planning and preparation.
Looking far in advance helps to prevent unpleasant surprises :-)
Thanks for the news.
!ALIVE
!WINE
You are welcome!
Thanks for the update!
You are welcome!