Hey All,
Finally I decided to exit my BTC - CACAO Liquidity Pools on Thorwallet. $CACAO is the native token for Maya Protocol and has a cap of 100 Million tokens. Check the current price of $CACAO which is around $0.0.09+ cents and the various statistic tied of Maya can be tracked on the Mayachain dashboard - Here. Maya is also considered to be a fair launch as 90% of the tokens has been redirected to the liquidity pools i.e. to the users who provided liquidity at time of fair launch.
The total unique wallet addresses has surpasses 2.7K+ and $CACAO continues to find new wallets - its growing overall. As Maya paves to be a decentralized liquidity protocol for exchanging assets across blockchains; something similar to what ThorChain definitely there is a lot of room for its native token $CACAO to grow as more liquidity pours in. But then why did I liquidate is the main question Here?
Exited BTC - CACAO Liquidity Pools - to HOLD $BTC...
I entered in the pool with only $BTC and $CACAO was given to me for being part of the Maya fair launch. As I am already making close to $1.5K at the moment, I thought it would be wise to exit now and book profits here. I got close to 0.15+ #BTC and the plan is to HODL $BTC for a while now. For quite some time, I had been observing my liquidity here on the Thorwallet and it had been on a declining mode from $4.9K; I saw it go down to $4.4K a loss of $500 here alone in months time. Hence today, I finally took the step to exit the BTC - CACAO Liquidity Pools. Now that I have money in hand, I am tempted to buy $RUNE which is currently trading for less than a dollar.
My target rather I would say I am betting on $RUNE here to get me 10K+ $HBD here with the investment that I do now. Currently, with 0.15+ $BTC in hand I would get less than 5K $RUNE tokens but I am targeting atleast 5K+ $RUNE tokens here and HODL them until I am able to get 10K+ $HBD swapped from it and for that to happen $RUNE price would need to double from its current trading price. That's is the hope and expectation that I am setting but for now I haven't bought $RUNE and just HODL #BTC for the time being. I had this hope that by staying invested in the BTC - CACAO Liquidity Pools my investment will keep growing but it was not happening and hence decided to change the strategy a bit here and see if now holding $BTC and then $RUNE can do some magic here to help me get to a point of having $10K $HBD in savings and get that sweet 20% APR...
Have your say on Maya Protcol - $CACAO
Did you know about Maya's Fair Launch? And Airdrop to $RUNE hodlers? What are your thought about the Maya project overall? Did you participate in Liquidity Auction for Maya? Would love to hear your thoughts around it in the comment box below? Cheers
Exited BTC - CACAO Liquidity Pools - to HOLD $BTC...
#cacao #rune #thorchain #maya #liquidityauction #liquidity #airdrop #hodl #dex
Image Courtesy:: coingecko, thorwallet, mayachain
Best Regards
Posted Using LeoFinance Alpha
Congratulations @gungunkrishu! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPCheck out our last posts:
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating to @indiaunited. We share more than 100 % of the curation rewards with the delegators in the form of IUC tokens. HP delegators and IUC token holders also get upto 20% additional vote weight.
Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.
100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited..
This post received an extra 11.54% vote for delegating HP / holding IUC tokens.
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.
100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.
Click on the badge to view your board.
Thank you to our sponsors. Please consider supporting them.
Check out our last posts:
Click on the badge to view your board.
Thank you to our sponsors. Please consider supporting them.
Check out our last posts:
Congratulations @gungunkrishu! You received a personal badge!
Wait until the end of Power Up Day to find out the size of your Power-Bee.
May the Hive Power be with you!
You can view your badges on your board and compare yourself to others in the Ranking
Check out our last posts:
Congratulations @gungunkrishu! You received a personal badge!
Participate in the next Power Up Day and try to power-up more HIVE to get a bigger Power-Bee.
May the Hive Power be with you!
You can view your badges on your board and compare yourself to others in the Ranking
Check out our last posts:
Click on the badge to view your board.
Thank you to our sponsors. Please consider supporting them.
Check out our last posts:
Click on the badge to view your board.
Thank you to our sponsors. Please consider supporting them.
Check out our last posts: