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. π π π β¨ π€
!HOPE
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I know, that's the whole point in growlng it, along with the BEE it generates. π π π β¨ π€
!HOPE
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. π 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. π€
!PIZZA !HOPE !WINEX !ALIVE
Yep, and I need a whole lot of WORKERBEE. It is somewhat similar, just wish that WORKERBEE had as many uses as HP. π π π β¨ π€
!ALIVE
!BBH
!HOPE
!PIZZA
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. π§ββοΈπ
!WEIRD !PIZZA !WINEX !ALIVE
Well, while there are some great layer-2 tokens, that's a very imbalanced investment. π π π β¨ π€
!ALIVE
!BBH
!PIZZA
!WEIRD
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). π§ββοΈπ€
!INDEED
!LOLZ
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This changes everything.
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Well I would certainly hope so, otherwise they're shooting themselves in the foot. πππβ¨π€
!BEER
!INDEED
When talking about tokens that have value (which translates into money), people should indeed not forget to do their own research well. π§ββοΈ
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. π€
That holds true for any layer-2 token, regardless of present value.
Yep, I know, and I earn and grow BEED via the pools. πππβ¨π€
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). π€―π
!WEIRD !INDEED !HOPE !PIZZA
Well, I support all of those tokens. πππβ¨π€
!HOPE
!INDEED
!PIZZA
!WEIRD
There's still the question of which of them you will support more !INDEED. πΈπ€―π
!LOLZ
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Her height is perfect.
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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. πππβ¨π€
!INDEED
!LOLZ
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Sundae school.
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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. πΈπ€
!INDEED !HOPE !WEIRD !PIZZA
It grows fairly quickly in that pool, especially since I'm adding a little every day. πππβ¨π€
!HOPE
!INDEED
!PIZZA
!WEIRD
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. π
!ALIVE
!LOLZ
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But take a look at me now.
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That's indeed possible. It also has a pool with SWAP.HBD to boot. πππβ¨π€
!ALIVE
!LOLZ
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Now there is a career in ruins.
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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. πΈπ
!WEIRD
!WINEX
!ALIVE
View or trade
BEER
.Hey @savvyplayer, here is a little bit of
BEER
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