Everyone has been buzzing about SEC 0 vs XRP 1 (this one is worth a gazillion). The fact that XRP is surging and giving the whole crypto market a boost is nice but I am looking at the markets with a bit of caution. We will see how it all turns out over the next 2 weeks. DYOR! NO FINANCIAL ADVICE!
all pictures are screenshots from either leofinance.io or beeswap.dcity.io
I am powering up LEO because it is the 15th of the month and not only do I buy BTC on bitpanda every month this day regardless of the price I am also taking care of my LEO goals.
I am quite the HIVE maxi and this of course involves basically every project on HIVE as well. There is no real toplist in my mind but if I would have to publish one the leoverse would be for sure on it.
I am growing both my LEO power today as well as my position in the LEO:SWAP.HIVE pool starting with a liquid balance of 1054 LEO and 10,6k LEO power.
After my powerup I now have more than 11k LEO power and I am well on my way to reach 15k by the end of the year.
With 5 more Leo Power Up days to come my minimum power up per month shrinks to sub 900 LEO to power up each month. As said on a good way to reach my LEO goals.
Let us have a look at the LP position!
I am using beeswap for my liquidity pool maintainance more and more lately. It is a pity that leodex does not have the option to deal with LP positions, and I hope that the site will get some love from the team SOON ™️
I am pairing the rest of my LEO with SWAP.HIVE and add them to the pool.
Now we can see there is my rainy day fund in case I am not able to buy enough LEO to grow my power. As a sweet addition I get a bit of BXT rewards. I have been staking these BXT and what a nice surprise, I got some HIVE in exchange for that every single day. It is not much but it is adding up and as I am growing my HIVE power every day as well I am happy about a little passive income.
For holding BXT you get a portion of the fees collected by beeswap.
Maybe something to consider for LEODEX as well. LEO stakeholders could also get a portion of the collected fees. Does only make sense though if LEODEX will have pools as well.
Since there is several swap sites on hive engine I believe it can not be that hard to implement.
Anyways this was my LPUD and I wish you all a nice bull summer, but handle with care.
It could go up or down or even sideways.
Thenks for reading! I appreciate your comments and I am grateful for your engagement don"t be shy! Leave a comment!
Cheers solymi