Yeah, that was the case... A lot of people speculating about the price, waiting for the moon to happen, and not selling... That wouldn't be an issue if we had a bigger liquidity in the LEN-SWAP.HIVE pool, and be able to exchange bigger amounts of tokens without a huge slippage... We need at least 2x more funds in that pool... So, we will work on that...
Thank you for the updates Achim! Seems there is a shortage in LEN tokens I just swapped 200 for LENM so that landed in the pool. I staked those LENM. I forgot the mechanics, the hourly lottery is a fixed sum or does it grow with the amount of LENM staked?
There are 20 payments of 0.3 LEN tokens per hour or 480 payments per day... It works as any other lottery, which means it's all about the probabilities... If you have more staked tokens, your chances are greater that you will receive the payment in the hourly round...
The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
@liotes! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ imfarhad. (4/20)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
I think that is a good choice. Increasing the liquidity will help anyone getting in and out of the project. So pausing the burning is an idea that I support.
Thanks for the feed-back. We try to keep the supply as small as possible but at the moment there isn't enough liquidity in the pool to easily swap tokens.
OK, I hope this won't affect the stability of the tokens. Burning tokens is one way to preserve their value, but it's the worst and least risky method. This distribution to the pool is less conservative and slightly riskier for stability, so you need to be cautious. However, since this system has been functioning smoothly for a while, there's no need to worry. 😎
!DHEDGE
We really want to resume burning as soon as possible but we need a bit more LEN in the diesel pool as liquidity so that we and you can transact without pushing the price too much.
Hold 10 or more DHEDGE to unlock daily dividends and gain access to upvote rounds on your posts from @dhedge. Hold 100 or more DHEDGE to unlock thread votes. Calling in our curation accounts currently has a minimum holding requirement of 100 DHEDGE. The more DHEDGE you hold, the higher upvote you can call in. Buy DHEDGE on Tribaldex or earn some daily by joining one of our many delegation pools at app.dhedge.cc.
@liotes! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ iamalivechalleng. (14/20)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
@liotes! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ aliveprojects. (14/30)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
Ok, I'll add my LEN rewards to HIVE:LEN at the end of this week too, then. I'm not sure how much I'll help, but a little extra liquidity couldn't hurt.
Add a few thousand and we will be good! 😂
Just kidding... There are no rewards in that pool, but it is getting more trading volume which means more fees for LPs... It's not a huge amount, but it adds up... It's great to see that finally, people are using more Diesel pools in general...
I know there are no rewards other than fees. I thought I'd skip some rewards in favor of the project (now I just need to remember on Monday, lol). My weekly LEN won't make much difference but during tough times a little extra could help.
Liotes Power Challenge Update
Today, the @liotes.one account owns 160 Hive Power and there are 237 LEN tokens in the pot!
Thanks for the update. I noticed that LEN was going up in value. Is due to shortage of supply?
Yeah, that was the case... A lot of people speculating about the price, waiting for the moon to happen, and not selling... That wouldn't be an issue if we had a bigger liquidity in the LEN-SWAP.HIVE pool, and be able to exchange bigger amounts of tokens without a huge slippage... We need at least 2x more funds in that pool... So, we will work on that...
Makes sense. Cheers.
Great news.
https://twitter.com/Edger_K/status/1701234163473387591
!WINE
Thanks for checking out our news!
!PIZZA
Thanks for the regular updates, appreciate it! 😁
You are welcome! We are trying to be as much transparent as possible!
Thank you for the updates Achim! Seems there is a shortage in LEN tokens I just swapped 200 for LENM so that landed in the pool. I staked those LENM. I forgot the mechanics, the hourly lottery is a fixed sum or does it grow with the amount of LENM staked?
There are 20 payments of 0.3 LEN tokens per hour or 480 payments per day... It works as any other lottery, which means it's all about the probabilities... If you have more staked tokens, your chances are greater that you will receive the payment in the hourly round...
It works as any other Hive-Engine miner...
Thanks, I am on a very nice position when it comes to staked lenminers ❤️
You got a nice chunk of LENM tokens! You are a whale! 🙂
Thanks for your trust in Liotes!
Thanks for the update! Came back from vacation so have taken back some of the delegated HP! ;)
Welcome back! I hope you had a great time on your vacation!
Yup I did! :)
thanks for the update.
!ALIVE
!PGM
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
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Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
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@liotes! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ imfarhad. (4/20)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
You are welcome!
$PIZZA slices delivered:
edgerik tipped ph1102
@rqr4(1/5) tipped @liotes
I think that is a good choice. Increasing the liquidity will help anyone getting in and out of the project. So pausing the burning is an idea that I support.
Thanks for the feed-back. We try to keep the supply as small as possible but at the moment there isn't enough liquidity in the pool to easily swap tokens.
What I like about this project is the transparency and frequent updates. Thanks for all the good work.
Thanks for stopping by!
Or maybe split 50% LEN to burn and 50% LEN to put them into liquidity in order to maintain the scarcity of LEN token.
We will resume burning as soon as possible. We just want to make sure that there enough tokens in circulation for the everyday needs.
Thanks for that update. It's good to take the time to try to fix the problem. :)
It's small tuning, trying to improve the project.
OK, I hope this won't affect the stability of the tokens. Burning tokens is one way to preserve their value, but it's the worst and least risky method. This distribution to the pool is less conservative and slightly riskier for stability, so you need to be cautious. However, since this system has been functioning smoothly for a while, there's no need to worry. 😎
!DHEDGE
We really want to resume burning as soon as possible but we need a bit more LEN in the diesel pool as liquidity so that we and you can transact without pushing the price too much.
This post has been selected for upvote from our token accounts by @seckorama! Based on your tags you received upvotes from the following account(s):
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Hold 10 or more DHEDGE to unlock daily dividends and gain access to upvote rounds on your posts from @dhedge. Hold 100 or more DHEDGE to unlock thread votes. Calling in our curation accounts currently has a minimum holding requirement of 100 DHEDGE. The more DHEDGE you hold, the higher upvote you can call in. Buy DHEDGE on Tribaldex or earn some daily by joining one of our many delegation pools at app.dhedge.cc.
Actually, it sounds like a good thing doesn't it? No one wants to sell! 🤣😜
Hehe, that's true :-)
Your post has been promoted with 1 ALIVE (burned by @youarealive) on We Are Alive And Social thanks to posting an on topic video in the We Are Alive Tribe Community.
!ALIVE
!BBH
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@liotes! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @iamalivechalleng. (4/5)
@liotes! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ iamalivechalleng. (14/20)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
Thank you for burning ALIVE tokens and supporting the We Are Alive Tribe, you have earned 1 tickets for our weekly ALIVE Burning Contest.
!ALIVE
!BBH
!LUV
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@liotes! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @aliveprojects. (4/20)
@liotes, @aliveprojects(4/10) sent LUV. | connect | community | HiveWiki | NFT | <>< daily
! help(no space) to get help on Hive. Info@liotes! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ aliveprojects. (14/30)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
Thanks for the update. !PIZZA !PGM !ALIVE
@rqr4, sorry! You need more $ALIVE staked to use this command.
The minimum requirement is 1000.0 ALIVE staked (non-delegated stake plus incoming delegations).
More $ALIVE is available from Hive-Engine or Tribaldex, plus you can win Alive Power delegations in our daily chat on @alive.chat every day.
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
Discord
Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444
Thanks for stopping by!
Ok, I'll add my LEN rewards to HIVE:LEN at the end of this week too, then. I'm not sure how much I'll help, but a little extra liquidity couldn't hurt.
Add a few thousand and we will be good! 😂
Just kidding... There are no rewards in that pool, but it is getting more trading volume which means more fees for LPs... It's not a huge amount, but it adds up... It's great to see that finally, people are using more Diesel pools in general...
I know there are no rewards other than fees. I thought I'd skip some rewards in favor of the project (now I just need to remember on Monday, lol). My weekly LEN won't make much difference but during tough times a little extra could help.
Thank you!