Currently there are 20,844 LBI's in liquidity pools, there are 174,533 not in pools. I'm trying to give people options to draw more of those LBI's into a pool. A big complaint about many of the "investment tokens" on HIVE is the lack of liquidity. Trying to improve that for LBI.
As for pool depth, our HIVE pool is tiny compared to our LEO pool, but does similar trade volume. I'm increasingly seeing really deep pools as unimportant on HIVE, what matters is having one deep pool for sizable trades, and lots of arb options for bots. I'd like a couple more pools over the coming months, being BEE and CENT. Maybe ETH and HBD also down the track. This would increase the flow of LBI through lots of arbitrage trading and thus make providing liquidity much more attractive.
I'll do a post later in the week all about the LP's, and my plans.
Thanks mate for checking in as always.
Yes, please do that. Because I'm surprised to hear CENT is used at all. What is more, the idea you outlined sounds nice, but I'm afraid that swap fees are to small for people to provide liquidity. We do that by adding additional rewards. Opening new pools would thin the rewards already provided or we need to increase the reward pool.