Yesterday, a friend posted about pHBD which i didn't know until then but woke my interest. I know what HBD is and that we get it as payments/rewards for our posts but had no idea what pHBD is about. Like him I could just imagine, so i read his post carefully because im always curious about crypto and new projects. Specially when someone in our small Discord community shares something.
While you currently get 20% for HBD in your savings, you can now bridge your HBD to Polygon and become a Liquidity Provider. I know Polygon aka Matic and have some in my Crypto assets and love the low fees.Also i love to provide LPs and started this journey on wax since it is so easy to use and discover now more and more from there and can use my knowledge to try out other chains more safely than before.
There is $347k in liquidity on the pHBD-USDC pair on PolyCUB as I post this.
USDC is a stable coin on the Polygon chain, so you have nice LP pair with lower risk than usual because we have 2 stable coins (I love stable coins and have some in my assets). APR is now at 27% slowly decreasing as we know it from all LPs over time.
My friend @chaosmagic23 mentioned some friends and me in his post so we get aware of this new option, im very thankful for the small but gold community we are on @thecyberdexter discord server and also really appreciate the help and tips there where to look and what could be an interesting project.
Also he mentioned @Tengolotodo post, where he shows you how to bridge and get money into this LP pool. He explained it step by step and very well.
(Thank you for sharing this info @Tengolotodo)
Please DYOR (Do your own research) as always before you invest in this. I'm not a financial expert and this is not a financial advice nor do I guarantee any interest rates. I'm just sharing information.
At the same time there is a contest for sharing this to your friends. You can win $100 HBD plus upvote by @leo.voter.
Who doesn't like that?
Want to take part in this contest? Write a post with #phbd and share it with your friends.
(Read 'Why pHBD from LeoFinance" for further info)
Images and screenshots are from me or the mentioned posts or stolen where i found them😋
#phbd #oneup #pizza #hive-engine #neoxian #ocd #alive #posh #somee #bee
Thanks for sharing this and thanks for the mention! Glad to have you in our community!
I agree with the stable/stable notion of yours. Those are good position to enter early since you're not subject to impermanent loss on your principle opposed to crypto/crypto or crypto/stable pairs. I'll check this out now and probably throw some money at the LP!
Have a !PIZZA my friend
It is exciting.
Just a forewarning, you are going to see a pHIVE-POLYCUB pool opening up very shortly too.
Posted Using LeoFinance Beta
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Please vote for pizza.witness!
I´ve heard this so often the last days, I should really look into this! :D !PIZZA !LUV !LOLZ
@ravenmus1c(1/1) gave you LUV.
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lolztoken.com
Udder Chaos!
Credit: reddit
@patrickh, I sent you an $LOLZ on behalf of @ravenmus1c
Use the !LOL or !LOLZ command to share a joke and an $LOLZ.
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(1/1)
yes the option to use two stabile coins in this pool is really great, no risk and save gains, this is a great pool and also thanks for the !PIZZA !LUV and !LOLZ
@patrickh, sorry! You need more $LUV to use this command.
The minimum requirement is 10.0 LUV in your liquid wallet.
More LUV is available from Hive-Engine or Tribaldex
!hivebits
sorry want to try this command and if this works like i think
Success! You mined .9 HBIT & the user you replied to received .1 HBIT on your behalf. mine | wallet | market | tools | discord | community | <>< daily
What's the point of earning an APR on a token that has no demand, no liquidity and is bleeding