100% APY on LasseCash pool and update on Lasse.

I hope one day that the eco-system will answer these sort of questions.

Well the SWAP.HIVE:LASSECASH pool might be a good place to learn about this stuff.

Of-course if the token LASSECASH falls in value and everything else is equal, then there is a loss. Actually in this situation the APY will go up to a higher number, but on a smaller value of the liquidity.

The risk in liquidity providing is called impermanent loss, that is a very well established term and it goes for all liquidity providing on pools on all chains I guess.

The risk of impermanent loss is kind-of complicated to explain, but in very short, if the token values goes against you, you incur a loss.

So liquidity providing for SWAP.HIVE:LASSECASH carries the risk of impermanent loss.

If the token values of SWAP.HIVE and LASSECASH goes down you will have a loss in value.

But the idea is that you buy LASSECASH if you believe in the product and then get increased value when the token value goes up in value, on top of that you get more LASSECASH tokens and LasseCash ecosystem tokens from providing liquidity, the ladder which again I believe will have a value.

Its HIGH RISK, HIGH RETURN sort of scenario, even though in my oppinion the risk is limited right now and for a long time, since the product is established and has a future in my oppinion.

Posted using LasseCash

PUPPY is a meme-token it will be rewarded to all the current LasseCash related pools in the future.

PUPPY use no extra electricity, the electricity is already paid by DPOS on Hive and Hive Engine, so its a very GREEN meme-token, think Doge:

"Dogecoin operates on the same proof of work model as Bitcoin (BTC), which is highly inefficient and uses an astonishing amount of electricity."

If that is true, I am no expert on Doge's mining model, I have heard that it leaches on Litecoins mining, but I do think I agree on that Doge uses a lot of electricity, PUPPY use none!

Also PUPPY only come into existance via rewards on liquidity providing, I love this model, its very unique for Diesel pools.

Yes you can speculate on PUPPY and LASSIE and provide it to PUPPY pool to get more.

The token values will probably be very volatile for a long time, just know that.

I am planning to buy more PUPPY in the future when its cheap, as I got 0 of it since inception.

Posted using LasseCash

Great you like it.

I am not sure what you want to know, you can provide liquidity to the pools and earn rewards, right now around 100% APY on the LasseCash pool and even more on the Puppy pool.

https://tribaldex.com/dieselpools

Posted using LasseCash