STARPRO:STARBITS Swaps Become One of The Best Additions to @risingstargame Ecosystem

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Obviously it is a pleasure to have a good quality of life feature added to a project you already love. It becomes extra special when that addition is a good financial success. If you have been playing @risingstargame you should have come across the notification or the sign that there are easy STARPRO:STARBITS swaps available. (In case you have missed out on the game, here is the link.)

Clicking on the button leads you to BeeSwap interface. As a BXT staker (who got the stake through the airdrop), I'm happy to see the front end getting some extra love. I'm no whale by any measure. The 40.705% APR is not the biggest in cryptosphere either. It is still free crypto that is earning even more free crypto. One can genuniely appreciate these type of gems on HIVE.

Comparison of Diesel Pools

I was one of those people who couldn't wait to see DeFi on HIVE. We got that thanks to @aggroed and HIVE-Engine second layer. We are currently looking at over 6.62 Million USD value locked in Diesel Pools. Fantom has almost 80 times that in TVL. There is not point in even comparing with Ethereum (yet). We surely have a long way to go up. What we can take a look at is relative performance.

Daily Trading Volume

Lifetime statistics are not very helpful since Diesel Pools were not launched simultaneously with each other. Daily charts can provide a more useful picutre.

Comparison With Normal Exchange

Summary of What We Can See

The community (including me) had suggested having some easy to convert STARBITS to STARPRO or vise versa. We have had the feature for some time now. There is strong interest and usage in the STARPRO:STARBITS pool. The data speaks for itself. Current pool size can accommodate smaller everyday players. More liquidity will be required to improve the conditions for the whales.

Happy Gaming # Happy Investing!

Posted Using LeoFinance Beta



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4 comments
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Does this pool give any rewards? I have noticed that a lot of the diesel pools no longer pay out rewards. Otherwise, all you earn is the fees so I am not sure if I would be interested

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