We have taken our liquid funds out of Diesel Pools

in LeoFinance3 months ago

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Last week @ph1102 realized that we didn't get any payouts from Diesel Pool rewards anymore. This was quite surprising but we found the explanation quite quickly and decided to pull our liquid funds out of the pools... Check out the video for more information

After updating the Liotes Ranking, we are happy to announce the newest Wind Maker: @yeckingo1. He has received a 5 LEN bonus for reaching this title, congratulations !

Liotes

A project run by @ph1102 and @achim03

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Congratulations to yeckingo1 for becoming Wind Maker.
SWAP.HIVE:SPS Diesel Pool , It's my only pool and the future funding of the new GameFi.
Being able to learn is great.
!CTP

I'm using that pool also in my personal account... swapping some SPS to SWAP.HIVE and adding liquidity to the pool regularly...

Thanks for the explanation. But as I understand it, this will have an impact on the value of the BEE token, which is the main H-E token? In the Workerbee pool managed by Zoltan, the weekly rewards paid in BEE will then also be smaller?
Congrats to @yeckingo1! 👏😎

As Achim said in the video, we can't predict what will happen with the price of any tokens, including BEE tokens...

And including the WORKERBEE pool, the rewards should stay as before as it's not the SAME reward pool as it was for dieselpools...

To simplify things... At the moment, you can "mint" (produce) BEE tokens by mining them with staked WORKERBEE (as in my pool) and by curating posts with staked BEE tokens... The thing with dieselpools was the third way...

Congratulations @yeckingo1 for making the level of WindMaker.

I will need to check the pools that I am in to see if they are still paying rewards. I have not checked lately. Take care.

!PIZZA

Not sure what frontend you use for Dieselpool, but I find https://beeswap.dcity.io/swap?your_positions as the best... It's easy to see rewards... ;)

I think you had mentioned it before in one of your post. I have tried others but always come back to beeswap because of the way the information is presented. Take care.

!CTP
!ALIVE

@ph1102! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @darmst5339. (1/20)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.

Newest Wind Maker! And it is! Thank you very much for the LEN

Well deserved, sir! Congratulations once again!

congrats @yeckingo1

@achim03, thanks for the update.

Thanks for stopping by!

I'm glad you guys caught the change before it could affect anything negatively. Thanks for the continued great work on this project. !LUV

Well, it wouldn't be something crazy, as we never know in which direction will the BEE token price go... As a matter of fact, it stopped falling, so maybe the change will be for good... we will see...

Sad to hear about pools, but as always LEN is pretty stable. So, what investors just need to do is looking out of HIVE price. Hive is going down equal to Liotes token is going down and vice versa. Keep up the good work and congratulations to @yeckingo1 🎉

You are right... LEN and LENM are connected to HIVE and if one goes up other two follow, and vice versa!

I’ll have to save this video. I’m interested in learning more.

!PIZZA

We are learning all our lives... :) There is always something new...

I didn't have liquidity in those pools, but nice catch about the potential impermanent loss.

Well, we thought it was the safer option to pull everything out. Better safe than sorry ;-)

Thanks for the insightful update and congrats to @yeckingo1

Thanks for stopping by!

Thanks for the update. That was a smart move to take them out if they werent paying anymore.
I only have the LEN/LENM LP at the moment and am happy as the tokens are stable! I might do a post about it soon.

Keep up the great work!

I might do a post about it soon.

I would love that! Just make sure to mention us so that we don't miss it ;-)

I wasn't in any of the BEE pools but I do agree that the pools only have rewards for a limited time period. I don't really know if it's that great to keep the liquidity in the pools as many things can change even if they do add back in rewards.

Posted Using LeoFinance Beta

We can't know what will happen, but I suppose that we will find it out soon... Will the price of the BEE token go down, or up...

Congrats @yeckingo1 😊🎉👍

Personally, I'm quite wary of imperm loss in Liquidity Pools. I usually only go into pools in which both tokens usually rise/fall together and if I'm I want both of those tokens anyway. Some pools I take part in because I happen to get both sides of the pool as rewards from other pools 🤣.

I usually only go into pools in which both tokens usually rise/fall together and if I'm I want both of those tokens anyway.

That was my strategy too... In that way, I'm not worried about imp. loss as I like both tokens... :)

PIZZA! PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
@darmst5339(2/5) tipped @liotes (x1)
dkid14 tipped liotes (x1)

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