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RE: Daily Crypto Markets Live Blog: Let Us Discuss Stablecoins (09/14/21)

in LeoFinance3 years ago

In case anyone is wondering, SIM cannot be staked. If it can't be staked, it can't be delagated or unstaked. The only things I can do with SIM is use it for the game or outright send it to someone from my Hive Engine wallet. And I'm all out of bubble gum.

Keep in mind that you now have the SWAP.HIVE:SIM Diesel Pool.

27% APR paid in SIM.

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I'm going back and forth between this live blog and your post on the SWAP.HIVE:SIM Diesel Pool.

At the moment I have 0.053 SIM courtesy of the drips I get from @brofi. Does it make sense for me to take a dip in the diesel pool, or should I wait to have a more sensible amount of SIM? Or should I swap anyway just to gain experience from going through the exercise?

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0.05 SIM is pretty insignificant, so surely not worth it haha.

Test it out with a higher amount. Something still small, but at least noticeable like 10 SWAP.HIVE and 10,000 SIM. (So that's a 20 HIVE total investment).

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That's what I thought about the 0.053 SIM I have. It will take me years before I can swap 10,000 SIM for HIVE. My liquid HIVE is near 0.000, so it will take me a while to unstake even 10 HP.

My Resource Credits woes are nearly gone (now it's voting power that's a concern), so I can go back to earning liquid HIVE.

I'm in the middle of unstaking as many Layer 2 tokens I had staked as possible so that I can swap them with HIVE to rebuild the liquid HIVE part of my wallet. Whatever I'm unable to swap, I'll delegate to @brofi.

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Pump out some daily @crypto-guides content and let's drum up some author rewards for you!

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