358.846% Yearly Return on ONEUP Liquidity Pools! Are you Ready to Make Money?
The ONEUP Tribe is new and it's growing at an alarming rate! Now, there's a new way to earn a lot of money with the ONEUP token: adding liquidity to Diesel Pools! Want to know how?
If you do not know what Liquidity Pools (also known as Diesel Pools) are, I have written a post in the past that can help you with the basics. Click here to read it!
But, in very simple terms, a Liquidity Pool is a collection of two different assets, put together by a group of people (Liquidity Providers), allowing other people to trade one asset for the other.
Are you ready to make MONEY? I am!
There are two different ONEUP Liquidity Pools offering sky-high returns right now!
As you can see on BeeSwap, the ONEUP:SPT pool is currently with an Yearly Return of 358.864%!
The second pool, the SWAP.HIVE:ONEUP one, is a little bit behind, with a 335.006% Yearly Return!
Usually, those high rewards only exist for a few days, but that's apparently not the case: these rewards will be paid for the next 68 days. With the current return, the investors will be able to receive over 60% of returns in those 2 months!
That's 60% of easy, passive profits!
For the next weeks, I'll be putting my SPT and ONEUP tokens into the liquidity pools, in order to make a lot of money with this great opportunity
ONEUP, SPT and HIVE
Have in mind that both ONEUP:SPT and SWAP.HIVE:ONEUP pools are GREAT for Splinterlands players that write about the game in Hive.
You can earn ONEUP tokens by posting NFT Gaming content on 1UP.Zone, including Splinterlands itself.
You can earn SPT tokens by posting Splinterlands content on Splintertalk.io.
You can earn HIVE by posting any kind of content on Hive.
So, if you create Splinterlands content (blog posts, videos, tutorial, streamings, etc.) using both #splinterlands and #oneup tags, you'll be elegible to show up on both Tribes and earn rewards in both tokens.
You'll also show up on the traditional first-layer Hive front-ends (like PeakD, Ecency or Hive.Blog), being elegible to earn HIVE rewards.
Then it's just using all those rewards to add liquidity to both Liquidity Pools, receiving daily profits from the pools themselves.
It's a very straight-foward investment strategy
- Create Splinterlands content on Hive Network
- Earn rewards in all 3 tokens: ONEUP, SPT and HIVE
- Use those 3 tokens to add liquidity to the pools to earn huge APR for the next 68 days!
Thanks for reading this post, and until next time!
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This is definitely NOT financial, legal or investment advice. You wouldn't get your financial advice from a squirrel, would you? Cryptocurrencies are very volatile, so don't invest what you can't afford to lose.
Also, believe it or not, I'm not actually a squirrel. This handsome rodent in my profile picture is a character from 'Conker: Live & Reloaded'. Here's Real Life me!
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Hi @luizeba,
Thank you for participating in the #teamuk curated tag. We have upvoted your quality content.
For more information visit our discord https://discord.gg/8CVx2Am
Yes, I'm already in the SPT/ONEUP pool and enjoying my returns. That said, the APY is based on how much liquidity is in these pools. If your post drives a bunch of people in, the returns will go down substantially. Thanks a lot!! lol
That said, they're still going to be a big number for a while. Hard to complain even if they go down to 100%. :-)
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Indeed, the rewards are fixed and are distributed between everyone in the pool; so it's common for the return rates slowly decrease over time when more people add liquidity to the pools!
In the other hand, more people interested in the tokens makes their price higher (more demand for both), so everyone also earns money by asset appreciation!
noob question: are there any cool off periods when dealing with liquidity pools?
anything similar to powering down delays?🤔
You can add and remove liquidity from them instantly. The only cooldown I'm aware of is that you don't receive rewards in the first 24 hours; so if you keep adding and removing liquidity, you won't have any rewards.
I love these pools, I have been stacking half my oneup in them to maintain a 1% share🤣.
Goals 😂
Look at Mr. Moneybags here, cornering the market 😂
Please note the teamuk tag is for team UK members only. Please do not use if you are not part of the team. thanks
Hello! I've joined the Discord Channel a few days ago; I wasn't aware that there was a 'formal' process in order to join the team. How can I do it?
Sorry for the trouble; I'll refrain from using the tag until I solve this.
Alright, I've read a few posts of the Diesel Pools now, and I'm intrigued. My SPT/Oneup holdings are all staked right now, but I'm going to try it out, as soon as my next rewards come in.
Is there a minimum, what one has to inject in those pools?
I don't think there is a minimum; if you add very few liquidity, you'll receive very few rewards.
Boom! you have been manually curated by failingforward for your great content
Thanks for the support <3
Thank you so much for letting me know your rules. Thank you for your beautiful post. Thanks again
Thanks! I'm glad that you liked it and that it was able to help you :D