@leomarkettalk is committed to supporting Leofinance in all ways possible. One of the initiatives undertaken is having all the HIVE and HBD earned by this account added to the pHBD-USDC liquidity pool.
We realize how important this is to both Hive and Polycub. For that reason, all funds brought in will go into the liquidity pool and never be drawn out. In other words, this is going to be permanent liquidity.
Here is what we wrote in the original post outlining the plan with this:
The main idea is for
@leomarkettalk to be a permanent provider to the pHBD liquidity pool. What goes in does not come out. It is liquidity that will keep growing as payouts come.
We are presently powering down our Hive Power. There is more going in so we might reinitiate another power down after the next payout. For now, this is what we traded on the Internal Exchange.
We traded 136 HIVE for 66 HBD.
Once we had this, we move all the HBD over to pHBD.
Our allotment this time was 203 HBD.
Before the addition, this is what the holdings for Leomarkettalk in the LP were:
Here is what the additional transaction looked like:
Once that was added to the pool, our holdings now look like this:
We are steadily growing.
Of course, our existing holdings in the liquidity pool did net us some POLYCUB. So far they are still within the 30 day period so we can only harvest them for now.
Nevertheless, here is where we stand:
As you can see, almost 300 POLYCUB with a USD value of just under $50. Hopefully the price of POLYCUB moves up over the next few weeks so we can have more value to add to the pool.
The POLYCUB rewards are also going to be fed back into the pool. As they become ready to claim without penalty, we will split it up between pHBD and USDC, then add to the pool.
All of the HBD and HP rewards from Leomarkettalk posts are all being fed into the liquidity pool. Therefore, the community can help by supporting this account.
To start, drop by the post each day and engage. This is a great way to get to know some of the other Lions.
At the same time, give each post an upvote. As stated, this is going into the liquidity pool, a move that can only help Hive in general.
Leofinance is intent on helping to move Hive forward. This is something that @leomarkettalk supports. To achieve this end, we need the support of the community.
Together we can help this along.
If you found this article informative, please give an upvote and rehive.
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