Investment in Beeswap pool - Pair SWAP.HIVE:SPS - week 3

in voilk •  3 months ago

    News

    • This week I was able to add 0.2 Swap.Hive and 4.42 SPS to this liquidity pool. It is a slightly smaller amount than last week but these are weeks of many changes in Splinterlands and this is also affecting the profits in the pool.
    • The profitability of the liquidity pool, for its part, has hardly changed this week with a small, almost negligible decrease. The token continues to decline despite the changes introduced that do not seem to have much effect. I will keep the pool because it is still above the investment limit requested in my strategy but I also put it under surveillance.
    • I have to look for more solid power sources for this pool
    • Performance remains in line with the previous week.

    I'm going to expand the type of investments I make in Hive and have chosen pools as a good way to increase the returns I get on-chain.

    Why use pools? Because they don't require a lot of time to manage, I don't have too much free time, and because I think they offer good performance.

    My investment strategy in Beeswap pools:

    • I will choose pairs that have currencies that I like and think have a good future.
    • The minimum performance has to be higher than the 20% that can be achieved in Hive.
    • If it is possible that they have good liquidity.
    • Have daily transaction volume
    • If possible they are linked to Swap.Hive
    • 7 pairs maximum

    First pair - SWAP.HIVE:SPS -

    • Liquidity - High
    • Negotiation - High
    • Profitability - 23.47% APR
    • Linked to Swap.Hive - Yes

    Token Name
    Splintershards
    Supply (Circulating / Total / Max)
    199999899.99476694 / 200000000.00000000 / 9007199254740991.00000000
    Issuer
    @steemmonsters
    Website
    https://splinterlands.com
    Precision
    8
    Staking
    No
    Delegation
    No

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