@leomarkettalk is committed to supporting Leofinance in all ways possible. One of the initiatives undertaken is having all the HIVE and HBD earned by this account added to the pHBD-USDC liquidity pool.
We realize how important this is to both Hive and Polycub. For that reason, all funds brought in will go into the liquidity pool and never be drawn out. In other words, this is going to be permanent liquidity.
Here is what we wrote in the original post outlining the plan with this:
The main idea is for @leomarkettalk to be a permanent provider to the pHBD liquidity pool. What goes in does not come out. It is liquidity that will keep growing as payouts come.
Hive Swap And pHBD
We are presently powering down our Hive Power. There is more going in so we might reinitiate another power down after the next payout. For now, this is what we traded on the Internal Exchange.
We traded 136 HIVE for 66 HBD.
Once we had this, we move all the HBD over to pHBD.
Our allotment this time was 203 HBD.
Leomarkettalk pHBD-USDC Liquidity Pool Holding
Before the addition, this is what the holdings for Leomarkettalk in the LP were:
Here is what the additional transaction looked like:
Once that was added to the pool, our holdings now look like this:
We are steadily growing.
POLYCUB Rewards
Of course, our existing holdings in the liquidity pool did net us some POLYCUB. So far they are still within the 30 day period so we can only harvest them for now.
Nevertheless, here is where we stand:
As you can see, almost 300 POLYCUB with a USD value of just under $50. Hopefully the price of POLYCUB moves up over the next few weeks so we can have more value to add to the pool.
The POLYCUB rewards are also going to be fed back into the pool. As they become ready to claim without penalty, we will split it up between pHBD and USDC, then add to the pool.
What You Can Do To Help
All of the HBD and HP rewards from Leomarkettalk posts are all being fed into the liquidity pool. Therefore, the community can help by supporting this account.
To start, drop by the post each day and engage. This is a great way to get to know some of the other Lions.
At the same time, give each post an upvote. As stated, this is going into the liquidity pool, a move that can only help Hive in general.
Leofinance is intent on helping to move Hive forward. This is something that @leomarkettalk supports. To achieve this end, we need the support of the community.
Together we can help this along.
If you found this article informative, please give an upvote and rehive.
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Posted Using LeoFinance Beta
It is a great liquidity fund and my thing is that it will not leave there but will remain permanently and will grow even more. It is a great initiative that will help us all in the near future.
That is the key from this account. No reason to take it out so we wont.
Permanent liquidity.
Posted Using LeoFinance Beta
permanent liquidity is a good option to demonstrate the solidity of the project
It helps to ensure there is some money in there for people to trade.
Permanent liquidity pools are greatly needed.
Posted Using LeoFinance Beta
It's great to see the numbers and I can't wait to see what happens when that PolyCUB becomes unlocked. You will be compounding more liquidity to the HBD pool and it will help the liquidity over time.
Posted Using LeoFinance Beta
Yep. All POLYCUB will be swapped into pHBD-USDC and go into the pool.
Hopefully the price runs up a great deal before it is unlocked.
Posted Using LeoFinance Beta
This is really a good initiative! I'm happy to keep upvoting it :).
Posted Using LeoFinance Beta
It supports pHBD which supports HBD which supports both Hive and Polycub.
Posted Using LeoFinance Beta
Great to see 😎 thanks!
Doing my bit too…
Posted Using LeoFinance Beta
That's a great addition! The pool is going to keep growing with every bit added to it.
Posted Using LeoFinance Beta
As stated, the Leomarkettalk account will keep doing its part.
All that is rolling in with HP and HBD will end up in the LP.
Posted Using LeoFinance Beta
Awesome! A continuing flow towards the LP
Posted Using LeoFinance Beta
Yes it will take place weekly. Might not be much in the grand scheme of things but it does keep building.
Posted Using LeoFinance Beta
There's nothing small when it is helping and yes, building. Slow and steady is better than none at all.
Posted Using LeoFinance Beta
Thanks for the reminder, I just hopped in.
Posted Using LeoFinance Beta
I hope the support grows exponentially. Because the growth of the liquidity pool will ultimately benefit us.
Posted Using LeoFinance Beta
@leomarkettalk will keep doing its part to fill the LP and add where it can.
Posted Using LeoFinance Beta
It is very amazing seeing that we shall accom2the goal of getting the required amount of liquidity provided to the Phbd-usdc pooling
Posted Using LeoFinance Beta
We are trying to do our part.
Posted Using LeoFinance Beta
Good to see these numbers slowly grinding higher.
Cheers for looking after this, Task!
Posted Using LeoFinance Beta
Yep. Every month they will grind higher. We will keep it going for years as long as we have HIVE and HBD rolls in.
This is going to keep putting more into the pool.
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Pretty cool, number grind up!
Posted Using LeoFinance Beta
Yes it is. Slowly but it keeps progressing each week or so.
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