Hi. Our third liquidity pool has become active. I previously announced the Hive/Cent and Cent/Pob liquidity pools. The Cent/Leo liquidity pool was activated today. I added about $300 worth of liquidity (15750 CENT+595 LEO) to the pool. You can easily make small purchases and sales transactions. However, you will receive a price slippage warning for higher volume trades. I will add more liquidity to the pool.
You can access the Cent/Leo liquidity pool at https://tribaldex.com/dieselpools/. After reaching the page, first select the token you want to sell. Then select the token you want to buy. Thus, you can perform CENT/LEO, LEO/CENT operations.
More liquidity pools will be added over time. At the same time, we will continue to enable liquidity provider rewards. Currently, liquidity provider rewards are distributed in the Hive/Cent pool. See you in new posts.
Previous liquidity pool announcements;
https://peakd.com/cent/@anadolu/hive-cent-liquidity-pool-active
https://peakd.com/hive-150329/@anadolu/cent-pob-liquidity-pool-active
Information about Cent Token;
https://peakd.com/cent/@anadolu/cent
For these things is that I think that cent will go beyond the expected or estimated @anadolu you are doing a good job the more useful the token has the more demand it will have and therefore its price thanks and congratulations
Hello there. Thank you for sharing your thoughts. Developments continue. I hope it is used more.
Any way to see the APY numbers on Tribaldex? Highly interested in this one!
Posted Using LeoFinance Beta
There is no such advanced data yet. Many new features are being added. But I'm sure it will be added soon. In the Hive/Cent pool, 100 CENT is distributed daily to liquidity providers. 20 liquidity providers receive rewards daily.
I've been trying to figure out the pools. Are the rewards distributed proportionately (ie, if you have 1% of the liquidity, you get 1% of the reward), or is it more like the mining tokens where you get lucky and get selected for the reward?
The pools are completely proportional to the percentage. The more liquidity you provide, the more profit you will make. In some pools, you can earn an additional x% as a percentage if you provide liquidity for a long time.
https://beeswap.dcity.io/swap?pools
Great. Thanks!
Is there any benefit beside fees to participate in these LPs?
There are no bounties in the Leo and Pob/CENT pools. However, you can earn rewards daily by providing liquidity in the Hive/Cent pool.