Hey All,
I have been providing liquidity for the second layer tokens here on the HIVE Blockchain for quite some time now. There was also a time when my total liquidity value crossed $10K+ and now currently there is again a spike that one can see from the above image taken from Tribal Dex, right now the total investment stand around $5K+ and increasing slowly and gradually as I further add funds to the liquidity pool that I am invested into. Here is the summary of the various liquidity pools where I have my investment::
My Investment in Liquidity Pool...
In total 4 liquidity pools that I am mainly interested into so far and here is the breakup of how the investment is looking so far::
- SWAP.HIVE - SIM - worth $2.6K+
- SWAP.HIVE - CROP - worth $900K
- PKM-SIM - worth - worth $1K+
- SWAP.HIVE - ZING - worth $700+
The recent one added is the SWAP.HIVE - ZING. I had a placed bid order like weeks ago and today to my surprise the order was executed and I went ahead providing liquidity for the same. Will talk about more in detail in a sperate post at to why I choose investing in #zing token. Now a quick commentary on the rewards that I am getting from all these pool. If I were to sum up the rewards in terms of #hive then in total I get close to 15 #hive daily. The rewards from the SWAP.HIVE - SIM and SWAP.HIVE - CROP are directly in the form of #HIVE but for the other two pools its different second layer tokens like:: #dec, #sps, #pkm, #zing and others. These tokens at the moment I am mostly adding it back to the liquidity pool. At times I do swap it for #HIVE and that hive is powered up as usual. Ok so what next is coming is the big question to be answered. I will be honest here for now there is no intentions like bring this liquidity investment level to like it was before i.e. $10K+ mark. But all that I plan for now is to reap the benefits and take advantage of #hive that I am getting daily. I have also placed another buy order for #zing and if this gets executed then I am almost done with what I wanted to invest in the SWAP.HIVE-ZING liquidity pool. I may even consider booking some profits here if #hive further moons so lets see how things pans out in near future. Well this should be it for todays post around - HIVE - My Liquidity Pool Investment Touching $5K+ What Next?... Happy Investing... cheers
Have Your Say on Liquidity Pool Investment - Convert SWAP.HIVE to HIVE - BeeSwap Portal...
Did you observe the spike in dollar value for your liquidity on hive-engine? Did you leverage the convert swap.hive and vice-versa service provided on Beeswap? Which service you do use while converting #HIVE & SWAP.HIVE? Would love to hear your thoughts around it in the comment box below? Cheers
HIVE - My Liquidity Pool Investment Touching $5K+ What Next?
#swap #hive #beeswap #swapservice #reliable #swaphive
Best Regards
Image Courtesy:: beeswap, peakd, tribaldex
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've have an interest in BlockChain & Cryptos and have been investing in many emerging projects..