It's Hot! Back to The (Liquidity) Pool!

4 months ago

There have been some changes lately that have me getting back into liquidity pools as a whole. I had previously gotten out to focus more on earning Hive-Engine tokens based on what HP I could delegate, but things are changing.

(Created with Bing)

DRIP
The rewards for staking DRIP have been drastically reduced. The rewards and APR are better pairing it with Swap.Hive and putting it into the pool. The advantage here is that some of the earnings can be reinvested, while the rest I can quickly cash out the profits.

PWR
Those who are liquidity providers will eventually be paid daily in Hive. Reinvesting part of that to compound the earnings over time sounds like a winning play in my book.

SIM
I get daily Hive for holding it liquid. What you put into the liquidity pool also counts towards your liquid holdings. It only makes sense to pair it with Swap.Hive and earn daily SIM passively just for holding it.

In all of these strategies, none are a get rich quick plan. In all of these cases, slow and steady wins the race. The power of compounding reinvestments will work in my favor over the years. Getting in while Hive and everything else is cheap is a great opportunity, and is much better than paying top dollar in a bull market. So, if you're looking to grow your passive income, then I'll see you in the pool!

Buy DUO and stake to receive Hive dividends, tip others, have your posts curated and grow Hive!
https://tribaldex.com/trade/DUO
https://hive-engine.com/trade/DUO

Do you like stacking gold and silver?

Are you new to Hive, or know someone new to Hive, and want help and support?

Have you been on Hive for a while and want to help new Hive members? Join HOC and help us grow Hive and encourage new members!

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15 comments

@bulliontools 71

4 months ago

!hiqvote

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@hiq.smartbot 56

4 months ago

@bulliontools, the HiQ Smart Bot has recognized your request (1/3) and will start the voting trail.

In addition, @bulliontools gets !PIMP from @hiq.redaktion.

_{For further questions, check out https://hiq-hive.com or join our Discord. And don't forget to vote HiQs fucking Witness! 😻}

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@thepimpdistrict 61

4 months ago

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@ssg-community 69

4 months ago

You received an upvote of 90% from Precious the Silver Mermaid!

Please remember to contribute great content to the #SilverGoldStackers tag to create another Precious Gem.

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@hivecurators 57

4 months ago

_{🎉 Upvoted 🎉
👏 Keep Up the good work on Hive ♦️ 👏
❤️ @gwajnberg suggested sagarkothari88 to upvote your post ❤️
🙏 Don't forget to Support Back 🙏}

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@seki1 69

4 months ago

Already in the SIM pool...

Come join in!!!

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@bozz 81

4 months ago

I've been going as heavy as I can afford into PWR for a while now. I really have my fingers crossed on that one.

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@summertooth 74

4 months ago

Liquidity pools are the bomb! I was in the SIM pool in the beginning but got out to use the funds on the game and other places. I have been earning PIMP hand over fist in a couple pools the last year or two.
!LUV
!LOLZ
!PIZZA