The SWAP.HIVE:THGAMING Liquidity Pool Rewards Contract (180 day) has been created.

in THGaming9 months ago (edited)

2 June 2023 - 180 Day (LP) Rewards Contract goes live at 41% APR

For those following Threshold Guardian Gaming Guild in 2022 & 2023, you will know that we created our Swap.Hive Liquidity Pool (LP) 2 months after minting our Token. Every 3 months, we re-enable our Liquidity Pool Reward contract and inject Layer-2 Tokens into the pool to enable Liquidity Providers to earn passively while supporting us! However this time we have opted for a 180 Day reward contract, with a Reward APR currently over 41%.

This Liquidity Pool offers a place for investors to swap $THGAMING Tokens for $SWAP.HIVE—Hive Engine's Layer-2 Swappable version of $HIVE—which can be withdrawn (converted) to $HIVE at any time.


Our Liquidity Pool Rewards


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[Above] Providing Liquidity at a 50 / 50 Split of $SWAP.HIVE and $THGAMING will earn you liquidity rewards in all of the rewards tokens listed. Add liquidity yourself on the dCity Beeswap Platform or on the Tribaldex Dieselpools Frontend. There is also now a $PIMP:$THGAMING Pool if you're a @tokenpimp and @thgaming supporter.


Liquidity Pool Contributors

We have been saving up our layer-2 tokens, and—with the help of our partners—have injected our LP with many rewards tokens for this 180-day reward period. Being a gaming guild, we always provide some game-related tokens into our reward contract! At the time of writing, we have added the following tokens into the reward pool:

A huge thank you to the following Tribes / Games who have Contributed to the LP Rewards:

We have also added in (from our own reserves & acquisitions):


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Guild and $THGAMING Developments

  • At time of writing, the $THGAMING token is sitting in over 9000 $HIVE wallets including 43 THGAMING Whales : accounts holding more than 100 000 $THGAMING Tokens (Liquid or Staked) not counting LP Liquidity Providers. Many of the whales are influential Hive members and have access to a private channel in our Discord.

  • Due to strictly controlled distribution mechanisms, only 4.26% of $THGAMING is currently minted (circulating) with plans to ramp up the distribution as use cases increase and global cryptocurrency markets improve.

  • $THGAMING has been upgraded to allow staking, delegation and curation rewards on hive blogging platform posts. Utilizing the hashtag #thgaming and/or posting in our community will allow your blog posts to accrue $THGAMING curation rewards when upvoted (tipped) by users holding staked $THGAMING.

  • Growth across our main Social Media Channels:

[Below] Our Discord Server is the heart of our guild and continues to grow every week. We have channels for many popular games and places where our members can share their Hive blog posts from our favorite Hive communities & partner platforms.

discord.png

For more information about $THGAMING use cases and developments, please read this post:
'1st Feb 2023 - $THGAMING Token - 1 Year on the Hivechain!'


The PIMP:THGAMING Liquidity Pool

Extract taken from This Post - 1st March 2023

"... After last week's Gamer / Investor meeting in the $PIMP Discord, the @tokenpimp founder @enginewitty put out a proposal for a PIMP:THGAMING Liquidity Pool. There was a resounding vote of YES and thus the LP was created last weekend.

Both $PIMP and $THGAMING only had SWAP.HIVE LPs before this. This LP will help to strengthen the bond between the THGaming and PIMP communities, already closely linked and partnered for almost a year now. Exciting times indeed.

If you haven't attended one of the Pimp Meet ups, join us every Wednesday in the $PIMP Discord at 9am (EST). They often have Game and Tribe founders visiting to chat about their ongoing or up n coming crypto projects! ..."

For more details please read this post: The PIMP:THGAMING Liquidity Pool. Another way to HODL and earn!


Many of our guild members have been asking, "What is a liquidity Pool (LP)?" - This post will explain in detail how LP's work and the advantages and risks of using them. If you're experienced with LP's, feel free to skip through the next few paragraphs.

HOW OUR LP WORKS:

  • $THGAMING and $SWAP.HIVE are added into the pool by 'Liquidity Providers' at a ratio of 50:50—equal dollar values of both tokens—and this liquidity can be withdrawn INSTANTLY at any time.

  • Furthermore, our LP has also been injected with Hive Engine Layer-2 tokens rewarded to Liquidity Providers every 24 hours for simply holding their tokens within our pool.

  • The current reward APR (Annual Percentage Rate) is 41%, so you will earn a fair amount of 'Layer-2 Token Profits' for keeping your liquidity in our pool.

  • The 180-Day Reward Contract will continue to pay out Liquidity Providers for the duration of the smart contract, at which point we will create a new distribution contract and reinject rewards into the pool for the next cycle.

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[Above] You can add liquidity to many different pools through TribalDex by visiting https://tribaldex.com/dieselpools. This frontend allows you to :

  • SWAP (tokens)
  • (show) YOUR POSITIONS (in pools)
  • (show your pool) TRANSACTIONS
  • ADD or REMOVE LIQUIDITY (instantly)
  • CREATE (your own) POOL
  • MANAGE (pool) REWARDS (contracts)

What is a Liquidity Pool (LP), and why should you care?

A 'Liquidity Pool' offers Liquidity to a pair of tokens by providing a swap pool (smart contract) where two or more tokens can be traded off of the open market.

The token swap prices in the LP vary if one token is being 'swapped for' more than the other, and this volatility enables traders to purchase tokens at reduced prices. As with all trades, there are risks involved. It's important that you thoroughly research every token and trading strategy before making any purchase / swap trade.

LP DEFINITION: A Liquidity Pool can be thought of as a pot of cryptocurrency assets placed within a smart contract which can be used for exchanges, loans and other applications. In traditional finance (Centralized Finance or CeFi), liquidity is provided by a central organization such as a bank or a stock exchange.

If you'd like to learn more about LP's, please read this excellent Blog Post by Alejandro Gutierrez - Operations Lead at Defactor.

Smart Contract.png


Liquidity Pool Risks:

The first major risk with Liquidity Pools is the fact that token prices may decrease. As with all cryptocurrency investments, the prices of Layer-1 or Layer-2 crypto is dependent on the market, and what goes up may also come down. As we are in a very precarious 'Bear Market' at the moment, it is risky to invest fiat (traditional money) into crypto. We are advising investors to dollar cost average into crypto or use already existing crypto holdings / positions. As the saying goes, "never invest more than you are willing to lose." If you choose to invest, please research the project thoroughly, and look at crypto/tokens with long-term growth potential.

The second risk in Liquidity Pools is called 'Impermanent Loss' which refers to token volatility caused by the ratio tokens are invested at: in a 50 / 50 value split. If the price of one token goes up or down drastically, your share (number) of the other token will likely also change. This loss is called 'impermanent' as your investment should return to normal when the value of both Tokens returns to their original 'ratio price point'. Stable Coins like $USDT or $HBD usually suffer from very little impermanent loss thanks to a typically low price volatility. Still, all stable coins have some risk of becoming unpegged and losing their original 'dollar value'.

The last risk doesn't happen very often, but we still feel it should be mentioned. There is a chance that the DEX or smart contract is hacked or compromised allowing fraudsters to 'clean out' the LP's. Our Liquidity Pool is built using Tribaldex Dieselpool Contracts, and none of our guild devs have access to the underlying code.


Liquidity Pool Advantages:

Liquidity Pools provide crypto to the DEX (Decentralized Exchange) offering stability to that exchange and the layer-1 or layer-2 Tokens placed in those Liquidity Pools.

Most Liquidity Pools will REWARD their Liquidity Providers with tokens through a smart contract and provide a percentage of all swap fees to LP Providers (which gets added straight into their positions).

LP's offer a place for investors to swap tokens off of the open market, so tokens can often be purchased for cheaper than they would on the DEX. This is especially true for sought after tokens that people are HODLing. Arbitrage traders will take advantage of price variations between open market and LP's to make profits.


Wrap Up

As always and MOST IMPORTANTLY, do not spend any money / crypto you can't afford to lose! The global crypto market is undergoing what could be a long-term 'Bear cycle' (more sellers than buyers), and everyone should be preparing for the long haul.

During the current bear market, Threshold Guardian Gaming will continue to innovate and collaborate, rigorously developing our token, guild and economy.

If you would like to join THGaming and explore the #metaverse with us, our social media links are below.

Trade safely, game hard!

THE END

THGaming Hive Community

THGaming Discord

THGaming Twitter

THGaming Instagram

$THGAMING Whitepaper

Trade $THGAMING on Tribaldex

Trade $MINTHAGG on Tribaldex

Linktree Official - All Social Media links

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Nice. I'm a whale with my 120k stake 😀

 9 months ago  

!PGM
!LOLZ

Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 1 SBT - 0.1 THG - 0.000001 SQM - 0.1 BUDS - 0.01 WOO tokens

remaining commands 13

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

image.png
Discord image.png

Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

I'm a bot, if you want a hand ask @ zottone444


A priest was arrested at a church
He was convicted for mass murder.

Credit: reddit
@imno, I sent you an $LOLZ on behalf of @jim-crypto

(2/10)
Delegate Hive Tokens to Farm $LOLZ and earn 110% Rewards. Learn more.

 9 months ago  

If you pop into the THGaming Discord we'll assign you the Whale Role 🐳

On my way!
!PGM

Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 1 SBT - 0.1 THG - 0.000001 SQM - 0.1 BUDS - 0.01 WOO tokens

remaining commands 14

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

image.png
Discord image.png

Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

I'm a bot, if you want a hand ask @ zottone444


Good work Jim you have been steadily making progress as we watch and it is great to see!

Note to self need to be top 1 in this thgaming:swap hive pool now

:)
!PIZZA

 9 months ago  

!PGM
!LOLZ
!PIMP

Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 1 SBT - 0.1 THG - 0.000001 SQM - 0.1 BUDS - 0.01 WOO tokens

remaining commands 14

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

image.png
Discord image.png

Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

I'm a bot, if you want a hand ask @ zottone444



You must be killin' it out here!
@jim-crypto just slapped you with 1.000 PIMP, @dadspardan.
You earned 1.000 PIMP for the strong hand.
They're getting a workout and slapped 1/1 possible people today.

pimp_logo


Read about some PIMP Shit or Look for the PIMP District

What's the difference between a cat and a frog?
A cat has nine lives, but a frogs croaks every night.

Credit: reddit
@dadspardan, I sent you an $LOLZ on behalf of @jim-crypto

(1/10)
Have you tried the !gif !lolz !meme combo? It is a wall of fun!

PIZZA!

$PIZZA slices delivered:
@dadspardan(1/20) tipped @thgaming

You Crack Us Up!

This Post Was Manually Curated by the FUN Curation Team.
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