RE: Some Information About Hive-Engine; BEED and Dswap
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!LUV this share.
I am an active trader on Hive so I had to change some trading activities to cope with the 200 order book limit. And now, I am addressing this multi-trade per block limit.
The way changes are implemented on this decentralized platform can be frustrating.
After experiencing some #TooFuckeh trading issues I figured I needed some BEED so I looked up the token info.
I got the impression that I could burn BEE ie send to NULL to get BEED and that turned out to be a loss of 100 BEE
If the url https://tribaldex.com/beedollar was included in the token property sheet it would have saved me some BEE
Anyway, I now have some BEED so I have questions.
If I use https://beeswap.dcity.io/pools?search=beed and add some CENT and BEED liquidity, when and how do I get returns from the pool. I am still not up to speed on earning from liquidity pools. I was thinking I would use my PEPT-Earn account to add liquidity. This would be in support of my ePay token economy I am building.
Also, if I add say 20 BEED to the pool, and do nothing for a month, what kind of earning should I expect?
!PIZZA
!PIMP
When there is not enough liquidity and volume in the tokens in the system, the system does not see the necessary demand. And it can generate a low amount of income for witnesses. This means a vicious cycle in terms of server costs. The way updates are brought to prevent spam necessarily also causes misunderstandings.
In the BEE and BEED study I mentioned, we use two liquidity pools. The Cent/BEE liquidity pool mainly distributes BEED tokens as LP rewards. The Cent/BEED liquidity pool mainly distributes BEE tokens. If you are considering a long-term investment, I recommend using both pools. However, if you want to obtain BEED tokens quickly, you can provide liquidity to the Cent/BEE liquidity pool.
Ah Thank you. That is reassuring. My aim is a multi-generational investment.
!PIMP
This answers my question.
You can add new liquidity from https://beeswap.dcity.io/pools/add?pool=CENT:BEE after purchasing BEE and Cent tokens that you will add liquidity to. After about a day, you will start earning LP rewards from the pool. The tokens you earn are automatically reflected in your wallet. I have shared a few images below about the pool and the tokens you earn.
Thank you very much.
I added liquidity via my @pept-earn account.