To all desperate and needy POB sellers who keep pushing POB Prices to all time low, What if I told you there is better way to utilise your POB tokens other than selling it so cheap. Staking Rewards are best on POB but seriously, selling at a price below 0.1$ is not worth it, you are not making any profits at this price, stop fooling yourself, there are better ways to overcome your financial needs or utilise Liquid POB token, here is HOW?
The best way is to add your POBs into Diesel Pools at Tribaldex. And trust me the rewards will blow your mind. If you want to know how to add Liquidity on Tribaldex, see My Previous Post here , a step by step guide to do it.
Today I will tell you about CENT:POB Pool where you can add your POB tokens and earn other Tokens as rewards.
Go to https://tribaldex.com/ and login via Hive Keychain.
Click on Pools, then Add Liquidity.
Then Select Select CENT:POB Pool.
Then you can add token amount according to your choice. Then click on, Add Liquidity and you are done.
You can see your active Liquidity by clicking on, Your Positions there you can see your rewards too.
But most important thing is you need Both the Token to add Liquidity. That is CENT and POB both, you can't add POB without having CENT in your wallet. At current price, You will need 831 CENT to add 100 POB into this Pool. CENT is one of the promising tokens and I advice you to purchase it, it very affordable right now.
Also you can remove your Liquidity anytime you want, no waiting period, you will get your tokens instantly back into your wallet.
Now lets talk about the Rewards 😊🤑🤩
A Big Kudos to CENT team to bringing best reward Pools. All CENT Pair have LP rewards and these are one of the most lucrative.
Here it is:
So you can see the available rewards of this pool, you will be receiving: POB, CENT, VIBES, CENTG and LVL tokens everyday in respect to your percent share of reward pool, the higher your stake in pool, the higher are your rewards. But Remember again, you need Both pairs that is CENT and POB to add Liquidity.
Both CENT and PIZZA pools are giving lucrative rewards that I highly recommend to utilise your liquid tokens.
Now its your Call. Just Try this Pool for a month and see your rewards and who knows it POB Price rebound back after few months, you can do as you wish. Sometimes it's better to hold but luckily We have better options in form of Diesel Pools. Only Selling of Tokens is not the best Option always.
Note: It is strongly advised to start with low investments. Because just like any other investment there is a loss factor here too. Because whenever the Price of tokens fluctuate you will be getting different amount of coins in balance which is called imparmanent loss. But good and compensating thing is you will also be getting other Tokens too as a reward so little fluctuations will be noticeable.
Thank you so much for your time. If you have any doubt regarding the above topic, please feel free to ask in comments section. Have a Good day. 😊🙏
Thanks for sharing and mentioning. Let me add something; You can find more detailed data at https://beeswap.dcity.io/swap?pools&search=pob. APR rate, how long it is until the Prize distribution, how many rewards are in the Pool, etc. You can find information.
Thank you so much. This will surely help others. 😊👍
I would like to understand more about this! But even reading your text I feel like a complete layperson. Can you give examples with numbers?
We all feel lazy unless we try it😆😀
See detailed rewards data here:https://beeswap.dcity.io/swap?pools&search=pob
Although this Apr keeps varying and will depends on our Liquidity stakes but still its pretty enough. 😊👍
Here is my detailed and step by step post on this, https://www.proofofbrain.io/hive-167922/@vikbuddy/how-to-add-liquidity-to-diesel-pools-on-tribaldex
I would suggest try with low amount first, for example first start with 10 POB. For 10 POB Liquidity into cent pool you will also need around 78 Cent. Once you added Liquidity you can see your estimated rewards in 'Your Positions' menu.
Also you can do it the other way. That is adding the amount of CENT You have. For example if you have 100 CENT tokens, than you will need around 13 POB.
It's pretty simple, just explore around on Tribaldex and start with lower amount.
😊👍. !LUV
Thank you so much for your patience. I'll take a look at this calmly and explore tribaldex. Depending on how it goes, maybe I write an article about it too?
Your welcome dear. This is how we help each other. Hive Blockchain has huge potential that we still don't know and need to explore.
Here are few articles that will guide you to learn more about these pools because I learned from them only 😆
https://ecency.com/hive-150329/@failingforwards/did-you-know-you-can-use-tribaldex-diesel-pools-from-your-phone
https://ecency.com/hive-167922/@anadolu/highest-apr-rates-for-liquidity
https://ecency.com/hive-167922/@failingforwards/help-me-understand-defi-pools-win-some-leo-and-pizza
https://ecency.com/hive-150329/@failingforwards/my-diesel-pool-returns-on-tribaldex
Thanks so much for this post. I started little like you said with 24 pob liquidity
That's the way friend. I am glad you tried. Small and diversified investment is the best strategy. Good luck 😊👍 !PIZZA
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@aiuna, you've been given LUV from @vikbuddy.
Check the LUV in your H-E wallet. (1/1)
I looked at these diesel pools but something has kept me from connecting. I'm not sure what it is. Maybe I was just waiting for a decent article like yours to explain how to do it. Anyway... I get a good return just on curation.
more !PIZZA
Yep, Curation rewards are the best and Staking is all time best option. It is exclusive for Liquid holders, who do want to stake, and keep selling no matter the price 😑. But anyway it's their call, we are damn pro Stakers.
By the way you could try PIZZA pools, if you have liquid PIZZA and SWAP.HIVE. Try SWAP.HIVE:PIZZA pool, I am already into this, amazing rewards 😊👍
Great post @vikbuddy, it is always wise to stake and earn further rewards through curation, but for those selling at the current prices this is a sensible other option.
Utilizing options that allow you to HODL those #pob and earn further tokens is always better than simply selling, which people will later regret once the price of pob starts rising again.
Think ahead folks and use that brain power.
Thank you @vikbuddy for always enlighten us and bringing value to POB tribe. I'm heading to keychain app right away.
Your welcome dear, its an honour to bring value to community. There is so much potential and earning opportunities on Hive Blockchain, people need to have patience and learn making the the best out of opportunities. Keep it up. 😊🙏. !PIZZA
Yeah, being pateint is very important.
This is so informative, thanks a lot for this. What of impermanent loss? This is the only reason I haven’t tried Liquidity pools.
I don't think there is any loss. You can remove your Liquidity anytime you want, you will get your tokens back immediately. You will receive daily rewards in various tokens. About loss into these pools, let me call @failingforwards, he is a pro into this, I learnd from him only, give your opinions and expertise @failingforwards 😊
Hey so there can be some losses if the value rapidly changes, but mostly you just get more of the cheaper token and less of expensive , overall the payoff in fees can cover most interment loss !PIZZA
Thanks for the quick response and words of wisdom friend. I too think there is not much worries of extreme loss and also its pretty advisable to diversify investments into these pools and start with small investments. 😊
This nice, once I have both cent and pob I will give it a trial thanks very much
Yep, CENT is a must requirement. Then you can join POB, SWAP.HIVE, LEO pools too. 😊👍
That's interesting. Is there a whitepaper for CENT that you can share? I've not heard about it.
Yeah, sure. See here : CENT Whitepaper
Ok thank you
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Well, your idea is not bad at all but you have to understand that at times people might have a very crucial need for financial aid and there might have no choice but to sell it off and solve that crucial need.
Ever since the arrival of covid, they have been incessant increase in the prices of items and that has really affected a lot of people you know.
But for those who are financially comfortable, your advice would really be well taken and heeded.😁
Thanks a lot, your initiatives are top notch. 🌟🔥
This is really going to see and is going to be helpful
Hey thank you very much for bringing this post the truth is that I didn't know about this, right now I'll add some liquidity.