Does the creator of an LP on TribalDex have any benefits?
We all know that @aggroed is the prime LP creator on TribalDex and his motivation is to expand the Diesel Pools on Hive. There is only thing that I wonder if that is to establish the LPs or if there is somehting more to it. So if you know it, respond to the following question.
Does the creator of an LP on TribalDex have any benefits?
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I think it is mostly for a tribe leader to provide liquidity for their token and potentially incentivize liquidity providers. For you to shell out the BEE to create a pool would likely be a loss for you.
Please could you please point me in the right direction as to how I can learn a little about LP?
this is my entry for the @comet.ranker operation #ping contest
I am not sure of the benefits, as it really depends on what is driving your liquidity pool, whether it is community-based or service-based. If it is service-based the rewards would be based on the fees of your service.
I do know that to create a liquidity pool it costs 1,000 BEE Tokens to start, so you would want a lot of tokens behind you before you started.