Deepening the SEED-HBD pool: +10.000$ worth of assets allocated.
Hello everyone, just a quick update to let you know that I recently decided to add some liquidity in order to deep the SEED-HBD diesel pool (at least temporarily). There's no reason to use the 'regular market' from Hive-Engine anymore (since the spread is devastating at +/- 30%).
The change feels 'amazing' from a liquidity perspective. Is still far from optimal but it will be more than enough for 99% of minnows around here.
As you can see in the pic, you can know swap 100 SEED with a 5,5% of max slippage (far from optimal as I said), but moving smaller chunks (10-20 SEED) the slippage will be much more acceptable around 1-2%.
For people who usually accumulate SEED in small chunks at a time (using posting rewards, for example), I'm sure this news will be very well received.
In other news, we could have a bear market in the not-so-distant future...
I don't like to be 'that guy', but I'm transiting from a 'slightly bullish' perspective to a 'cautious bearish' one. I've started moving assets around and organizing everything (timeframes, when to start loading dips, and these kinds of stuff).
My main portfolio will remain as a 'long term' basket of assets (usually a boring experience). While I'll be doing most of my moves through the @seed-treasury portfolio. This includes the 'degen' moves, the hedging, and the farming activities. I was already doing that, but I try to be patient and deal with things from a cold and calculating perspective (this gets increasingly important as your portfolio size increases since it's much harder to recover from losses).
It shouldn't be news that I'm interested in your SEED.
Hence another good reason to setup additional liquidity for the SEED-HBD pool.
Friendly reminder that for high balances (thinking about 500-1000 SEED or more), you can contact me directly through Twitter/telegram (I'll never DM you first) and we can arrange a deal to buy your SEED.
My standard deal is to buy your SEED for a -10% discount from the 'fair market' price.
That means that SEED price is 4$ , I'll offer to buy yours for 3,6$.
That's all for today, and remember, don't underestimate the bear.
100% of blogging rewards paid to @seed-treasury.
Remember you can follow the portfolio in real-time here:
https://cointracking.info/portfolio/seedtreasury
You can join us on Telegram and follow me on Twitter.
Posted Using LeoFinance Beta
That's a very good price. I just checked that hive is $1.37 and it's selling on he at 2.2 hive per seed. So about $3 but you are offering $3.60. I should have bought some last time, I remember you mentioned in your blog but I forgot about it !
Buy seed today, be a hive whale tomorrow 🐋🐋🐋
The coming of bears brings the rise of true shitpostery. I welcome them
Posted Using LeoFinance Beta
My time is coming!
our time is coming :)
Let's come together then 😍
we could create the Shitposting League :)))
A "Retarded Cartel", I'd say LOL
I'd really want to create a DAO under this name...
Posted Using LeoFinance Beta
That would be insulting ... to retards :))) I'm sure they wouldn't want to be compared to us
Posted Using LeoFinance Beta
you have my support :P
Big move, LPs are quite appealing on Hive.
if the bear market will come before any more exciting pumps happen that will be a bit sad
The liquidity pool is a great benefit and opens up many possibilities not to get trapped in the token. Do you intend to encourage him more or will you leave him at that?
Is the 'fair market' price determined by the LP or by the value of the assets underneath?
Posted Using LeoFinance Beta
By the assets underneath. Always.
Cool, it could become a standard for tokens on Hive to have a liquidity pool with HBD and seek to deepen its liquidity, seems quite useful.
Let's see who's gonna sell SEED. I won't 😇
Posted Using LeoFinance Beta
Thanks for the update. That does sound like a good alternative for people who are buying small amounts at a time.
Posted Using LeoFinance Beta
Was hoping to see some Bulls at some point so will wait patiently and no you cannot have my SEED lol. Happy to see you are so proactive and on things ahead of time.
Posted Using LeoFinance Beta
6 month , 4x..
Ok, I will stay more and wait for some 50x at least.
That a very nice value increase even in this bear market.
Posted Using LeoFinance Beta
I give $3.61 per SEED if someone is interested.
And a !PIZZA for you to increase your appetite!
Posted Using LeoFinance Beta
PIZZA Holders sent $PIZZA tips in this post's comments:
@alexvan(1/5) tipped @empoderat (x1)
Learn more at https://hive.pizza.
I have an eye on it :) good deal will come at some time :D
GM!