98 Days until Rewards in Diesel pool will be renewed

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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...

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Liotes

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25 comments
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At the moment there are 132 LEN tokens in the prize pot for the Liotes Power Challenge 2025.

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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

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I think it might be because of Rudolf Diesel... but I might be wrong.

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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

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It was a decision by the hive-engine team... The reason behind it... No idea lol

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Thanks for the update. Amazing to see 160k on the Liotes voter. Growing fast.

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Yes, it's great to have so much HP supporting voter.

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Thanks for the update! Good to see you guys are prepared!

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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.

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It's definitely much easier like that and like that we can build something sustainable in the long run.

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Thanks for the updates and glad you guys are always ahead in planning and preparation.

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Looking far in advance helps to prevent unpleasant surprises :-)

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Thanks for the update, and its nice to know that the rewards will be added when the current one expires.

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We try to build something sustainable and try to refil the pot along the year.

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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

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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...

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thanks for the update.

I do have a share in the pool. 3 more months to go

!BBH
!ALIVE

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Nice to see you staking some liquidity :-)

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