1st December 2023 - 180 Day (LP) Rewards Contract goes live at 56% 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 6 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! For those providing Liquidity the current Reward APR is sitting at 56%.
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for investors to swap $THGAMING Tokens for $SWAP.HIVE—Hive Engine's Layer-2 Swappable version of $HIVE—which can be withdrawn (converted) to $HIVE at any time.
It took us 13 days to put this post together as we've been talking to our Tribe partners and friends, and have managed to secure a lot more rewards for the pool. We didn't want to post this until all rewards were in and all contributors could be thanked!
Our Liquidity Pool Rewards
- As mentioned, the SWAP.HIVE:THGAMING Liquidity Pool offers instant swaps of $THGAMING for $SWAP.HIVE, or vice versa. A Rewards Pool Smart Contract automatically distributes rewards to Liquidity Providers every 24 hours.
[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 and that APR is also 56%, so we'd recommend adding Liquidity to one of our Pools if you like earning a passive income of Layer-2 Hivechain Tokens!
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 but there are many other tasty Tokens this time around! 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:
- $PIMP - By @tokenpimp - Dividend, Tipping and Curation - Pimp Hive Community
Our largest Pool Supporter, a huge thank you to $PIMP for their generous contribution! Be sure to join their Gamer / Investor AMA's every Wednesday in the Pimp Discord Server, which is attended by some of Hive's most influential leaders and investors!
- $DOOM - By @cryptoshots.nft - Hive Gaming Token - Cryptoshots Game Website
Our First Person Shooter Gaming partner Crypto-Shots has injected some valuable $DOOM Tokens with many in game uses! Have you checked out www.crypto-shots.com yet...what are you waiting for?
- $LOLZ - By @lolztoken - Tipping, Defi, and Curation - Lolz Fun House (Hive Community)
The funniest Token on Hive, use the !LOLZ command in post comments to send the writer a tip and a joke. You can also delegate staked Layer-2 Tokens to the Lolz Defi to earn $LOLZ passively..no laughing matter!
- $LGN - By @wearelegion - The Mancave Project Hive Community
A $BRO token built as a multi utility token, stake it to earn monthly dividends. Our first time teaming up with @raymondspeaks, the creator of the massively successful Man Cave Project and $BRO token!
- $SLOTHBUZZ - By @slothbuzz - Sloth.Buzz Frontend
A Community token built to power the Slothbuzz Witness and https://sloth.buzz $HIVE Frontend. Slothbuzz also has an online radio station found at https://cryptoradio.fm, so is a pretty speedy developer on Hive...for a Sloth!
- $THGAMING - By @thgaming - THGaming Hive Community
We have once again Supported out own Pool with $THGAMING and Layer-2 Tokens.
We have also added in (from our own reserves & acquisitions):
- $SWAP.HIVE - $HIVE in its Hive-Engine swappable form, as well as...
- $BEE, $MINTHAGG (miners), $STARBITS (Sponsored by @stickupboys), $PGM, $TEAMPH, $DRIP, $POSH, $SPT, $STELLARUM and $INK.
We hope you enjoy all of these rewards and thanks again to everyone providing liquidity to $THGAMING. We appreciate the support and as always this liquidity is rewarded.
Guild and $THGAMING Developments
The THGaming Hive Community (seen below) recently hit 800 Subs and constantly has active users and 1000s of weekly interactions! Feel free to post all gaming and crypto related articles in here!
At time of writing, the $THGAMING token is sitting in over 10 000 $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 5.3% 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:
- Hive Community - 807 Subscribers
- Twitter - 476 Followers
- Discord - 501 Guild Members
[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.
For more information about $THGAMING use cases and developments, please read this post:
'1st Feb 2023 - $THGAMING Token - 1 Year on the Hivechain!'
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.
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, although the trend is changing and we could be heading back into a very strong bull market shortly, so keep your fingers crossed that this is the case!
If you would like to join THGaming and explore the #metaverse with us, our social media links are below.
Trade safely, game hard!
Linktree Official - All Social Media links
I'm almost at 100k staked THGAMING! 🔥
Aftert that I might consider adding every extra tokens to the LP :)
!PGM !LOL
Amazing. You'll get the WHALE ROLE in our Discord and access to the Whale Channel (Private) once you get up to 100K
!PGM
!PIMP
!LOLZ
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!
Discord
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!
@thgaming just slapped you with 1.000 PIMP, @arc7icwolf.
You earned 1.000 PIMP for the strong hand.
They're getting a workout and slapped 1/3 possible people today.
Read about some PIMP Shit or Look for the PIMP District
lolztoken.com
Because they only have one tale.
Credit: marshmellowman
@arc7icwolf, I sent you an $LOLZ on behalf of thgaming
(1/10)
Delegate Hive Tokens to Farm $LOLZ and earn 110% Rewards. Learn more.
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!
Discord
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
lolztoken.com
Because they have two left feet.
Credit: marshmellowman
@thgaming, I sent you an $LOLZ on behalf of arc7icwolf
(7/10)
NEW: Join LOLZ's Daily Earn and Burn Contest and win $LOLZ
!PIMP it
You must be killin' it out here!
@wearelegion just slapped you with 1.000 PIMP, @thgaming.
You earned 1.000 PIMP for the strong hand.
They're getting a workout and slapped 1/4 possible people today.
Read about some PIMP Shit or Look for the PIMP District
Big up bro !PIMP
You must be killin' it out here!
@stickupboys just slapped you with 1.000 PIMP, @thgaming.
You earned 1.000 PIMP for the strong hand.
They're getting a workout and slapped 1/2 possible people today.
Read about some PIMP Shit or Look for the PIMP District
Very informative. This is the kind of information that I have been looking for. There is not enough easily explainable articles on more technical topics. This is what we need for those wanting to learn more. 👍
Glad you enjoyed the post. We provide the extra information for those new to LPs, as we do often get asked in our Discord about these things. It sometimes feels like an "everyone knows except me" scenario with crypto topics, but we have to appeal to the Noobs too 😁 Two years ago I had to learn about LPs too, so it's great to share the knowlegde 🙌🏻
!PGM
!PIMP
!LOLZ
You must be killin' it out here!
@thgaming just slapped you with 1.000 PIMP, @wanderingmoon.
You earned 1.000 PIMP for the strong hand.
They're getting a workout and slapped 1/3 possible people today.
Read about some PIMP Shit or Look for the PIMP District
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!
Discord
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
lolztoken.com
Plagiarism.
Credit: reddit
@wanderingmoon, I sent you an $LOLZ on behalf of thgaming
(1/10)
Delegate Hive Tokens to Farm $LOLZ and earn 110% Rewards. Learn more.
Congratulations @thgaming! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
Your next target is to reach 42000 upvotes.
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
STOP