Beeswap LPs and time weighted shares bonus

in #sps20 days ago

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After testing what the 1% daily bonus was it turns out you get 1% bonus shares each day added on to your shares that calc the % you earn of the total rewards so you want to leave your lp positions in on the new sps/colony glx/colony script/glusd and so on as they all have bonus shares like this and you can earn 100% on your liquidity shares if you leave it in for 100 days which will give you a huge advantage over people just coming in the pools later on or people adding and subtracting a lot. I am not sure if adding to the pool messes it up or just reduces the % as you now have a larger position so the bonus shares may be less than say the 3% of the new position and not actually change the old bonus shares but you start earning at the new rate of 1% of the larger balance is my guess. I will be testing this out by adding the pool above and seeing what happens once I know adding doesn't reset it I will be constantly adding to this pool as well as some of the other colony ones as I get airdrops so that I can get the largest benefit possible for the least amount of investment. TribalDex doesn't show these bonuses so im no sure if you get it there but beeswap shows a lot more detail and is also cheaper with the slippage able to go to .1% instead of .5% and usually has a cheaper withdrawal to hive fee and deposit fee and sometimes it is negative meaning you make money when depositing or with drawing. Beeswap is one of the better ways to swap within HIVE as it is cheaper than tribal dex. You also earn BXT rewards on certain positions that are on beeswap as well as can see all the reward tokens you receive on a particular liquidity pool which is harder to figure out on tribal dex or hiveengine.

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