RE: What Would be the Utility, Benefits, Risks, and Drawbacks of a BBH:BBHO Liquidity Pool
You are viewing a single comment's thread:
It's an interesting thought. I would consider adding tokens to this pool. Liquidity providers earn trading fees whenever anyone swaps. When there is a lot of trading volume, this can be very profitable.
If users put their BBH and BBHO tokens in the pool, that means less sold on the market. Because !BBH is (mostly) stable, this will help the market determine the true value of BBHO without a big dump on the market, which always seems to happen eventually with tribe tokens.
The bots take advantage of pools with SWAP.HIVE, but not so much when it's two related tokens. This is why @flax started ALIVE:ALIVEM pool, but never started an ALIVE:SWAP.HIVE pool. At least one of the two tokens needs to be anchored in value. This is (I believe) one of the reasons !ALIVE token has maintained its value so well. I'd like to see BBHO have this same longevity as a tribe token.
As CENT is demonstrating, the more pools available to SWAP a token, the more demand for that token.
Follow the examples of successful tokens and learn from examples of token failures.
Thanks for the education my friend :)
!BBH
A CENT:BBH or CENT:BBHO pool could be interesting also for that matter.
@Centoken @anadolu
!BBH !PIZZA
Posted using The BBH Project
I hope he notices... :-) !BBH
via Inbox
Thanks to seeing you using it, I'm going to start using @commentrewarder in all my future posts - does it take into account the upvote weight you use?
!BBH
Posted using The BBH Project
Any vote will trigger the reward, I've been doing 10% but 1% works fine. Saves my voting power! !BBH