BYTE:STEM Diesel Pool Now Live on TribalDEX

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2024-04-13 07:28

The BYTE:STEM diesel pool is now live on TribalDEX.com.

Image Source: https://tribaldex.com/dieselpools/add

First payout to liquidity providers will happen in less than 24 hours. For the current distribution contract there will be 512 daily LP payouts until September 6, 2025. Then we'll need to renew the pool's LP rewards with a new contract.

Hive account@learn2code has deposited 512,000 BYTE and 10,000 STEM for the diesel pool's LP reward. Anybody else who wants to is welcome to donate to the pool's LP rewards by depositing tokens.

Image Source: https://tribaldex.com/distribution

The BYTE:STEM diesel pool is the first pool on TribalDEX pairing STEM token. When Hive account@learn2code can raise the funds a BYTE:BEE pool will also be created on TribalDEX.

Image Source: https://tribaldex.com/dieselpools/?from=BYTE&to=STEM

If you want to swap between STEM and BYTE I would recommend waiting at least a day to give liquidity providers a chance to start joining the pool. If you want to swap a large amount of either STEM or BYTE be mindful of the slippage

Image Source: https://tribaldex.com/dieselpools/?from=BYTE&to=STEM