Introducing a new diesel pool for Liotes

I think the idea of putting up a SWAP.HIVE pool is a good thing and it should also make things easier for you over time. It will take some time but it will make things far easier for people going in and out of their position too.

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2 votes

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ph1102 last year

It will definitely help with liquidity and the "price discovery"... We hope that we will collect enough funds and launch it in the next few weeks...

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edgerik last year

Thanks for the news.

!WINE

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2 votes

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wine.bot last year

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ph1102 last year

You are welcome!

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rqr4 last year

Liotians is a good designation that finally got chosen. Awesome.

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2 votes

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ph1102 last year

People have decided and it couldn't be a better name!

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relf87 last year

Yay I am a Liotian! Thanks for the update on the diesel pool!

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2 votes

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achim03 last year

Dear Liotian, thanks for your feed-back ;-)

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1 vote

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blitzzzz last year

Hello to all my fellow Liotians. 🎉

That new diesel pool should create quite a bit more liquidity. However, I've noticed that all the pools paired with swap.hive usually have lots of bots scrapping the bottom of the barrel and driving prices down.

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2 votes

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achim03 last year

Since you can't get LEN from curation but only from holding LENM or delegating to liotes.voter, it will be difficult for these bots to get enough tokens to play the market. Bots per se are actually not bad for a diesel pool since they help provide liqudity.

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ph1102 last year

I wouldn't blame bots for tokens going down... Usually, the problem is in tokenomics, high inflation, no use cases, etc...

I agree with Achim that bots aren't bad at all, and in our case, we would be happy to see bots creating fees for liquidity providers!

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seckorama last year

Thanks for the news. The situation looks good and this new diesel pool will certainly increase visibility.

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2 votes

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achim03 last year

I believe that the second diesel pool will help make the whole economy more liquid. It will also offer opportunities for people holding LEN tokens.

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mypathtofire last year (edited)

Thanks for the extra points and update. The new diesel pool sounds like a great addition to the project. Will this replace the buywall that is in the market, or you need to keep both? I wasnt quite understanding that part.

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2 votes

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achim03 last year

We will probably create a smaller buy wall as a support for the token price. The idea will be that the diesel pool will define the token value. This will allow people also to do some arbitrage and put their own orders on the market.

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ladymisa last year

I am glad to be a new Liotian over here. :)

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1 vote

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ph1102 last year

hehehe... We are Liotians, we help each other to grow! 😃

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poshthreads last year

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poshtoken last year

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kaibagt last year

let's evolve, I'm already at rank #46 and rising!!!

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