Investment in Beeswap pool - Pair SWAP.HIVE:SPS - week 4

Words
283
Reading
2 min
Listen
Play
2y

News

  • Another very similar week for this liquidity pool. I have managed to add 0.19 Swap.Hive and 4.5 SPS to the pool. The SPS token remains weak for another week and the announcements of changes in tokemania do not seem to take effect. You are approaching the investment limit.
  • The profitability of the liquidity pool has decreased for another week and is close to not being profitable enough to sustain it. This is because SPS is still very weak in price and that means that profitability continues to decline week by week without brakes. I put the pool under surveillance before making a decision.
  • I have to look for more solid power sources for this pool
  • Performance remains in line with the previous week.

I'm going to expand the type of investments I make in Hive and have chosen pools as a good way to increase the returns I get on-chain.

Why use pools? Because they don't require a lot of time to manage, I don't have too much free time, and because I think they offer good performance.

My investment strategy in Beeswap pools:

  • I will choose pairs that have currencies that I like and think have a good future.
  • The minimum performance has to be higher than the 20% that can be achieved in Hive.
  • If it is possible that they have good liquidity.
  • Have daily transaction volume
  • If possible they are linked to Swap.Hive
  • 7 pairs maximum

First pair - SWAP.HIVE:SPS -

  • Liquidity - High
  • Negotiation - High
  • Profitability - 22.54% APR
  • Linked to Swap.Hive - Yes

Token Name
Splintershards
Supply (Circulating / Total / Max)
199999899.99476694 / 200000000.00000000 / 9007199254740991.00000000
Issuer
steemmonsters@steemmonsters
Website
https://splinterlands.com
Precision
8
Staking
No
Delegation
No