no LP Rewards on Tribaldex.com ?

avatar

LP.jpg

First of all, sorry for this post which can seem a little too simple but I have a question and this is the best way to find an answer.

I've already started DeFi especially thanks to CubDeFi. But I saw there was also liquidity pools here on Hive ! So I wanted to see if it was possible to participate !

I'm not really the best to do some research so it took me at least one hour to understand how to find those DieselPools on Tribaldex ! And now I am a little lost. It seems to me there is no rewards, not even from fees like there is most of time. So I'm not really understanding the goal, just providing liquidity while it could just be sold on the market on Hive-Engine, staked or delegated to give rewards to peoples.

If I'm wrong, please correct what I'm saying, but I don't find any details to understand how it works.

But there are also some different pools !

image.png
This one seem to be offering rewards for the LP providers, there are currently 4 like this and I decided to provide liquiditiy for the SWAP.HIVE:PIZZA and the SWAP.HIVE:SIM pools and now look at this :
image.png

I don't have a lot of tokens to put on LP and this is a test so my participation is pretty thin. You can see on the right what seem to be rewards. Estimated and distributed every 24 hours, but there is something I don't understand, I'm providing liquidity for HIVE:SIM since weeks and I never received a single SIM in reward, nor a little fraction of BEE.

That's why I'm posting here, Do I have to do something to get those rewards ? Do I have to claim them somewhere ? Because I don't find anything and I am starting to despair. I don't know if I will see those rewards one day and if all the ones I should already have are lost or not..

If you have any idea on how I can get out of this situation that would really help me a lot ! Because here I don't see any interest or putting my tokens on Tribaldex if I don't earn anything and even loose some rewards.

Posted Using LeoFinance Beta



0
0
0.000
24 comments
avatar

I am not in these pools, but I would like to understand it aswell

0
0
0.000
avatar

Get in the pizza pools that has rewards !PIZZA

Posted using Dapplr

0
0
0.000
avatar

I'm already in ! You can see in my screenshot that I'm in ! But only since today so I don't know if that will work or not :') !PIZZA

0
0
0.000
avatar

Great stuff you in the !PIZZA discord?

0
0
0.000
avatar

was there an announcement on LP rewards? I think I read somewhere that it was planned to be added later.
Found this in HE discord from a few weeks ago:
image.png

maybe LP rewards aren't fully live yet?

0
0
0.000
avatar
(Edited)

Thanks for that ! I'm going to stay aware for future updates ! !PIZZA

0
0
0.000
avatar

They just released the distribution contracts that would essentially create a rewards pool for a specific pool. It is up the the person who started the pool, most likely the community leader, to create a distribution contract for their LP. This is my understanding of it at least at this point. Being the hive/bee pool is the official Hive Engine pool, I am sure that is why that one is first, probably for testing.

This whole space is building so please be patient with things as they get developed.

0
0
0.000
avatar

I kinda understood the thing about only few pools are for now offering rewards ! For now only 4 are shown to be offering those rewards but I am not getting them.

But as you said everything is in progress so for sure there are still some things that will need adjustments ! I hope to see the results soon !

0
0
0.000
avatar

Congratulations @ykretz! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You got more than 1750 replies.
Your next target is to reach 2000 replies.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

0
0
0.000
avatar

Just read through the comments but I was wondering how the diesel pools worked! Interesting… this will be next level when the rewards get figured out

Posted via neoxian.city | The City of Neoxian

0
0
0.000
avatar

It looks like the pools with rewards are sharing it everyday but there aren't any transaction !

0
0
0.000