What's up my weed lovers and weedcash investors! I am pleased to announce that the SWAP.HIVE/WEED Diesel Pool now has rewards for those that provide liquidity to the market! It's been a long time coming but we have finally gotten it all set up! We have been working hard on trying to get Weedcash updated to the new outpost and thanks to @richardcrill we now have everything in motion!
So now on top of having WEED NFTs, we now have WEEDFI!
We elected as an admin group to create a long term distribution contract that will last 5 years and will need to be renewed after that time. We decided to go long term because it costs 100 BEE everytime we want to renew and at these prices, BEE is getting expensive.
What did we add and how much will be paid in the daily payout pool?
1,000,000 WEED - approx 547 WEED per day
1,000,000 LIST - approx 547 LIST per day
365,000 COM - approx 200 COM per day
So the early liquidity providers are going to get a nice payout until the market starts to fill up, then the rewards will be more evenly distributed. So don't be shy, go fill up our diesel pool and get rewarded daily!
https://www.weedcash.network/pool
We are looking forward to seeing the direction of the new updated Weedcash with all these awesome features added to the community!
Be Cool, Be Real, and always Abide!
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Brilliant!
I will make sure to provide liquidity, i am releasing some funds, but for weed, i´ll pledge at least 25Hive worth by tomorrow, and say 50 within a week, ;)
Ill see how that goes!
Love peace weed and happiness, your allæs friend
Eythorphoto!
Awesome stuff, thanks!
I was thinking of making some trades so I can add to the pool. Now that we'll be getting some rewards too, it gives me all the more reason to join the pool. This is badass man.
Weed to the Moon!!!
Nice!
Posted Using LeoFinance Beta
Awesome!!!!! Noticed that I went to 19% from 26% which means more people are joining.
yeah, I would love to see the markets move to these diesel pools. The traditional are outdated, lol. WEEDFI for the win!
I would love to know who these pools work in the background, like how it generates fee increases according to the size of the trade.
You would have to go digging into the documentation on Tribaldex.com for that info... I couldn't tell you.
I can't wait to start throwing more funds into this and get back up in percentage a little bit more.
Hopefully we will see a huge shift soon.
Best thing about these liquidity pools is that you can cash out easily.
That helps everyone!
Anyway thank you so very much really appreciate all of your hard work!