First Rewards of TRIBE Token Study Added to Liquidity Pool

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Hello dear Hive Community. Tribe token introduction text was published three days ago. Cent/Tribe liquidity pool was created two days ago. We added 180 Tribe tokens to the liquidity pool to start distributing LP rewards. There is $2862 worth of liquidity in the liquidity pool at the moment. Current APR in the pool is 4%.
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Approximately 5,500 Tribe tokens were sold at the price of 1 Hive. We continue to buy from the tokens we have selected since the tokens started selling. @hive-173575 has staked $1560 worth of tokens. As of today, we have started receiving curation rewards. The liquidity pool contains 178 Tribe, 11 Bee, 537 Pob, 12 Leo, 188 Cent, 10 Oneup, 1.4 Neoxag and 1.8 Vyb.

We realized that buying tokens instantly from the market or liquidity pools is less profitable. We found a solution to this problem as follows; All limit orders are removed before the curation rewards are distributed. The tokens in the account are staked. After the curation rewards are distributed, the obtained tokens are added to the liquidity pool. And token purchase orders are entered again. In this way, we will also provide liquidity to the token markets we work with.

It will take a week for us to start receiving all the curation rewards of the tokens we stake. For this reason, we decided to publish the efficiency report next week. Follow this account to quickly access up-to-date data on this and other studies.

Posted Using InLeo Alpha

hive-173575 tribe hive-engine leofinance proofofbrain cent neoxag sports vyb
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12 comments
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Just read about Tribe the other day. Feels like you are innovating anf testing out a lot of stuff which is good!

Hope this projects goes well 👏

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Thank you. One of the works that can revive Hive Blockchain is undoubtedly Hive-Engine. There are many works, projects, etc. Tribe projects are one of them. We could not find a study focusing on this area. Tribe tokens have also lost a lot of value recently. If a new vitality comes, the potential will be rediscovered.

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Shifting my investments around, looking foreward to the FUTURE of TRIBE! !BBH

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Thank you for your contributions. It's normal for it to be a little weak at the beginning. We believe it will reflect its true potential when the curation rewards start coming in full.

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