RE: Our New Birdie! Meet Skyler.

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I know, that's the whole point in growlng it, along with the BEE it generates. 😁 πŸ™ πŸ’š ✨ πŸ€™

!HOPE



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That shows that (staked) WORKERBEE has two purposes, one to increase the power of votes for #HiveEngine Witnesses, and one to earn a steady supply of BEE tokens. 😎 That's very similar to Hive Power which helps increase voting power (for curation, Hive Witnesses, and Hive Proposals), as well as a steady supply of additional HP. πŸ€“

!PIZZA !HOPE !WINEX !ALIVE

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Yep, and I need a whole lot of WORKERBEE. It is somewhat similar, just wish that WORKERBEE had as many uses as HP. 😁 πŸ™ πŸ’š ✨ πŸ€™

!ALIVE
!BBH
!HOPE
!PIZZA

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That reminds me of some people on Hive that have found good reasons to Power Down and convert nearly all of their Hive Power (along with their HIVE and HBD tokens) to #HiveEngine tokens. πŸ§˜β€β™‚οΈπŸ˜…

!WEIRD !PIZZA !WINEX !ALIVE

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Well, while there are some great layer-2 tokens, that's a very imbalanced investment. 😁 πŸ™ πŸ’š ✨ πŸ€™

!ALIVE
!BBH
!PIZZA
!WEIRD

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I think that many of them are okay with the (increased) risks associated with investing on #HiveEngine tokens instead of Hive Power (and the more stable HBD, which earns in Savings). πŸ§˜β€β™‚οΈπŸ€“

!INDEED
!LOLZ

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Well I would certainly hope so, otherwise they're shooting themselves in the foot. πŸ˜πŸ™πŸ’šβœ¨πŸ€™

!BEER
!INDEED

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(Edited)

When talking about tokens that have value (which translates into money), people should indeed not forget to do their own research well. πŸ§˜β€β™‚οΈ

There's the stable BEED (or BEE Dollar), which can currently be obtained either by burning BEE tokens or swapping with SWAP.HIVE, SWAP.USDT, or CENT. πŸ€“

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That holds true for any layer-2 token, regardless of present value.

Yep, I know, and I earn and grow BEED via the pools. πŸ˜πŸ™πŸ’šβœ¨πŸ€™

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Hive people who want to create yet another stabletoken on #HiveEngine might be asked why they don't just simply want to support the BEED and PPDLR tokens (both pegged to $1.00 each) or the CENT token (pegged to $0.01 each). πŸ€―πŸ˜…

!WEIRD !INDEED !HOPE !PIZZA

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Well, I support all of those tokens. πŸ˜πŸ™πŸ’šβœ¨πŸ€™

!HOPE
!INDEED
!PIZZA
!WEIRD

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There's still the question of which of them you will support more !INDEED. πŸ’ΈπŸ€―πŸ˜…

!LOLZ

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Well, I have a lot more HBD than anything else yet. I'm slowly getting close to 2 BEED in the pool, and I think I have around 0.1 PPDLR. Some are easier to generate than others. πŸ˜πŸ™πŸ’šβœ¨πŸ€™

!INDEED
!LOLZ

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I have not seen that holding BEE Dollar earns any APR (not that it can be staked), but holding liqudity on the BEED:CENT liquidity pool earns roughly 45% APR. πŸ’ΈπŸ€“

!INDEED !HOPE !WEIRD !PIZZA

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It grows fairly quickly in that pool, especially since I'm adding a little every day. πŸ˜πŸ™πŸ’šβœ¨πŸ€™

!HOPE
!INDEED
!PIZZA
!WEIRD

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With the CENT having a liquidity pair on #HiveEngine with the BEED token which is also a stabletoken, I think that the price of that CENT token will get closer to its peg of $0.01 each faster. 😎

!ALIVE
!LOLZ

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That's indeed possible. It also has a pool with SWAP.HBD to boot. πŸ˜πŸ™πŸ’šβœ¨πŸ€™

!ALIVE
!LOLZ

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I !HOPE that @pepetoken's PPDLR token gets its first liquidity pair with a #HiveEngine stabletoken pegged to $1 each (which are SWAP.HBD and BEED), which will make it more interesting !INDEED. 🐸😎

!WEIRD
!WINEX
!ALIVE

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