Maya Protocol $CACAO Price - Pool Depth & Volume - My Plans for $CACAO Liquidity Pools - Should I Exit Now OR Wait???

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Hey All,

Its great to see how the Maya Protocol native token $CACAO has progressed so far. Its even better to see the total value locked in pools is $17+ Million, with $RUNE alone accounting to $7+ Million followed by $BTC which is another $5+ Million. Coming to the total swap history and its total dollar volume in a day is somewhere close to $145K+ not that bad at all considering Maya Protocol is not even a Years old project and has gained so much of attraction in recent times. Maya is considered to be a fair launch as 90% of the tokens has been redirected to the liquidity pools i.e. to the users who provided liquidity at time of fair launch. $CACAO is the native token for Maya and has a cap of 100 Million tokens. Check the current price of $CACAO which is around $0.09+ cents and the various statistic tied of Maya can be tracked on the Mayachain dashboard - Here

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My Investment in $BTC - $CACAO Liquidity Pool

During the time of Maya Fair launch, I entered in the pool with only $BTC and $CACAO was given to me for being part of the Maya fair launch. I am already making close to $1.5K+ here and the plan is to stay invested for some more time. I had entered the liquidity pool choosing Tier 3 which had a Lockup Period of: 21 days and this locking period has surpassed now. I can now withdraw LP any time but there is no rush to do so as approximately 85%+ of the LP is locked in for a year. As of date I have close to $4.5K+ funds parked in the $BTC - $CACAO Liquidity Pool and is available at any point in time. The plan here is to make another $1K+ from here and have the LP total reach around $5.5K+ in dollars value. if this happens then I would be more than happy to exit and book all the profits.

$BTC to $RUNE Swap...

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At the other end I was also thinking to swap all the $BTC I get from exiting the LP to swap for $RUNE. As of now the amount of $BTC that I have in wallet is for around $85+ and this would give 100+ $RUNE tokens. But this isn't sufficient as I am looking for higher amount of $RUNE tokens i.e. at least 6K+ . This is only going to be possible when I take all the money from the $BTC - $CACAO Liquidity Pool and invest all of it in $RUNE token. For now I am not sure if this is going to be a good move exiting the $CACAO liquidity pool to enter $RUNE or it will be better off to just HODL all in $BTC and wait for the right opportunity. At the other side I also think should I not put all of the money in $HBD and just be happy with the 20% APR. With so many thoughts in mind for now I am unable to make a decision and hence will just stay invested and will wait for the right opportunity to strike. Incase $HIVE drops another 20% or so then definitely all the money is going to be used to buy in HIVE and staked so that I further come closer to my HIVE Power Goal of having 75K+ HIVE staked....cheers

Maya Protocol $CACAO Price - Pool Depth & Volume - My Plans for $CACAO Liquidity Pools...

#cacao #rune #thorchain #maya #liquidityauction #liquidity #airdrop #hodl #dex

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Image credits:: docs.mayaprotocol.com, app.thorwallet, mayachain

Best Regards

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