PEPE Dollar

in MemeHive4 months ago

Sometime ago we created the PEPE Dollar ($PPDLR).

This token was minted and shared with those who burned PEPE tokens initially. Now you may swap in a pond also known as a pool between PEPE Tokens and Pepe Dollars ($PPDLR).

This post requested in a comment by one of our community members.

I wonder when you are going to publish a post about the PPDLR token, whose price on #HiveEngine appears to have dropped by a lot (therefore also drastically affecting the total value of the PEPE:PPDLR liquidity pool). 🤯🐸 !WEIRD !LOLZ

$PEPE Token and Pepe Dollar Markets and Pools

$PEPE Token

PEPE Dollar

PEPE Token and Pepe Dollar pool (Pond)

Pepe Dollar proposed at a MOAR stable coins of Pepe on the Hive blockchain. Users may swap between Hive and Pepe Dollars and/or Pepe Tokens and Pepe Dollars. With the option of adding to the liquidity to add liquidity and be rewarded for doing so as well.

Some of us aim to swap and trade the Pepe Dollar near(er) to a dollar ($HBD). While it may be traded at other levels of value. In part because of the change of the value of the (base) PEPE Token, paired with $HIVE.

Feels good man

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Thanks for sharing! I will test the pool once I have available PEPE.

I wonder what you precisely mean with "test the pool". 🤔🤯 If that doesn't involve putting a significant amount of funds on a pool, then I would like to test it !INDEED. 😎😆😅

!LOLZ

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Welcome and sounds good man! !ZOMBIE !INDEED !WEIRD

I am glad to occupy the 5th place among the seven liquidity providers.

PPDLR_LP2.png

!PIZZA

Berry noice! !INDEED !WEIRD !ZOMBIE

Nice indeed! I didn't know that I had PPDLR in my wallet until you mentioned it. 😆

!PIZZA

Surprise! Keke !INDEED !WEIRD !ZOMBIE

@savvyfrog would be surprised and happy if someone manages to overtake it on the PEPE:PPDLR liquidity provider ranking! 🐸😎😅

Have a !PIZZA with !LOLZ! 😁

No, I plan to occupy the 2nd place.

Being at the 2nd place for a while seems like a good "stepping stone" towards the 1st place (of the PEPE:PPDLR liquidity provider ranking). 🐸😎

Have a !PIZZA with !HOPE! 😁

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Steal her blanket.

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All the PPDLR that I receive goes straight into the PPDLR:PEPE pool! 😁 🙏 💚 ✨ 🤙

Lucky pond! !INDEED !WEIRD !HOPE !STRIDE !ZOMBIE Wif MMB Love man 😁 🙏 💚 ✨ 🤙

Well, my stake is still only a tiny puddle, but it's growing every day! 😁 🙏 💚 ✨ 🤙

!HOPE
!INDEED
!MMB
!STRIDE
!WEIRD
!ZOMBIE

Eet's a grow'n poodle man! Keke ! 😁 🙏 💚 ✨ 🤙 !HOPE !INDEED Mi Pepe lobe MMB !STRIDE !WEIRD !ZOMBIE

Pepexactly, and compounding interest and exponential growth will help out a lot too! 😁 🙏 💚 ✨ 🤙

!HOPE
!INDEED
!MMB
!STRIDE
!WEIRD
!ZOMBIE

When @pepetoken enables PPDLR staking, then you would split the PPDLR that you receive into both PPDLR staked and PPDLR liquidity. 🐸🤓

!PIZZA !ALIVE !STRIDE !HUG

Yes, this is still a possible idea man. !BBH !UNICOIN !ZOMBIE

That's actually a problem of @savvyfrog how many PEPE tokens to stake and how many to put to the PEPE:PPDLR token pair as liquidity. 🐸🤯😅 !WEIRD !INDEED !HOPE !PIZZA

Just dew both froggie frens! 🐸🤯😅 !WEIRD !INDEED !ZOMBIE

@savvyfrog !INDEED is doing both, but its problem is how to portion the PEPE tokens it receives as staked or as liquidity. 🐸🤯😅 !WEIRD !HOPE !PIZZA

That'd be cool, though it would depend on what benefits come from staking when compared to adding them to the pool. 😁 🙏 💚 ✨ 🤙

!ALIVE
!HUG
!PIZZA
!STRIDE

I suggested to @pepetoken to add APR to staking PPDLR (when the PEPE Dollar token finally supports staking !INDEED), though with the reminder not to make it too similar to how people on Hive earn from Hive Power and HBD in Savings. 🐸🤓

!WINEX
!ALIVE
!HOPE

Cool. Well, I'll be interested to see if something comes of it. 😁 🙏 💚 ✨ 🤙

!ALIVE
!BBH
!HOPE
!INDEED

Enabling staking alone for any #HiveEngine token (such as PPDLR in this case) will require @pepetoken a whopping 1,000 BEE tokens, and the PEPE frog will need to devise ways to sustainably deliver the APR for PPDLR tokens staked. 🤯🐸 Perhaps you can share your ideas !INDEED! 😎😏

!HOPE
!WEIRD
!PIZZA

Yipes, that's a lot! There are a few good pools to generate BEE, also buying WORKERBEE, which is the BEE miner. Regarding the sustainability of PPDLR, I'd don't have much to say yet. I don't really have any details, so it's hard to come up with suggestions. 😁 🙏 💚 ✨ 🤙

!HOPE
!INDEED
!PIZZA
!WEIRD

Still currently thinking APR in the pool (pond) may be a better idea. !BBH !UNICOIN !ZOMBIE

That's a good idea too, since you would simply let the #HiveEngine nodes perform the distribution automatically, instead of you or your bot manually distributing such APR to stakeholders. 🐸😎 !INDEED !HOPE !PIZZA !ALIVE

Yes, all about automation. Eet easier fer froggies liek miselph.

!LOL

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The comment that you have quoted looks very similar !INDEED to one of my comments. 🤯🤣 Let's !HOPE that the price of the PPDLR token gets even closer to $1 each! 🤗🐸 !PIZZA !ALIVE

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