Hi all!
We have another tasty treat for you this week! We've partnered with Rising Star to bring you more greatness here on the second-layer. We feel that @jux has built a solid and sustainable game that not only has solid tokenomics and long-term growth in mind, but also fits incredibly well with our iconic PIZZA theme (let alone being extremely fun and addicting)! If you havn't played yet, check them out here!
You can also join their Discord here!
Rising Star Card Packs
PIZZA holders can now enjoy purchasing Rising Star Card Packs using your tasty PIZZA tokens! Prices will vary depending on the market cost of PIZZA (the price is climbing every day) but at time of posting they cost 13 tokens.
Rising Star on hive.pizza
You can now find Rising Star ads (we love RS!) on the hive.pizza video game store as we further promote blockchain games to off-chain gamers!
PIZZA:STARBITS Diesel Pool
We are happy to announce that we've deployed a PIZZA:STARBITS Diesel Pool contact with some of the juiciest rewards to date (and the best Diesel Pool rewards on HIVE) and it's already starting to pop off! PIZZA is dominating the diesel pool rewards game and people are starting to notice!
Let's take a look! To add liquidity yourself, you can navigate to the Diesel Pools page located here and choose PIZZA:STARBITS!
As you can see, the contract is set to run for 60 days and will pay out a total of 37,000 PIZZA tokens along with 3,344,919 STARBITS across those 60 days to liquidity providers. The amount you receive is determined by the amount of shares your liquidity amounts to versus the other providers. You can check your shares by using the bot located in our DISCORD.
You can also see your direct expected daily earnings by clicking on the "Your Positions" tab on the Diesels Pools page linked above.
The above image shows us that the pool is currently paying out $120.148 worth of PIZZA tokens and $12.529 worth of STARBITS tokens to Liquidity Providers (LPs) each day.
That's right, there is currently over $120 USD up for grabs daily using the new PIZZA:STARBITS diesel pool!
A quick note about impermanent loss:
- It is in everyone's best interest to DYOR and to understand how the technical side of DeFi pools work. A quick google of impermanent loss as it relates to liquidity pools will yield a plethora of knowledge. In a nutshell, massive price swings in tokens could lead to some loss. Think of it like this: If token A is doing really well and rockets but token B is doing really horribly and plummets, someone could take advantage of this and Liquidity Providers could be left with the token that was dumped.
- Our rewards are meant to offset any concerns with this but as always, we recommend asking questions if you have them!
A quick note about adding more liquidity to the pool after your initial deposit:
- The first 24-48 hours are weird because of a timer TribalDex built in to prevent pool abuse. We will likely see the first payouts today or tomorrow. Something to keep in mind that I forgot to post, you need to plan your deposits. You will not receive rewards for the 24 hour period following a deposit. This is a system that is built in to prevent deposit/withdraw abuse from someone who wanted to to steal all of the rewards just before a payout then withdraw quickly.
If you plan to continue adding to the pool, I recommend picking one day a week to put it in at once to minimize loss of rewards
At time of posting there is almost 3,000 SWAP.HIVE and almost 3 MILLION STARBITS already added to the pool as folks jump in to take advantage of what is quickly becoming the future of Pool DeFi here at HIVE.
Are you in yet?
DELEGATE TO PIZZA
You can also delegate your HP to our @hive.pizza curation account and farm your share of the daily $PIZZA rewards pool! The reward pool increases 10 tokens every 10k HP that is delegated to the account!
| 100HP | 200HP | 500HP | 1000HP | 2000HP | 3000HP | 5000HP | 10000HP |
|---|---|---|---|---|---|---|---|
| Click Here | Click Here | Click Here | Click Here | Click Here | Click Here | Click Here | Click Here |
Buy $PIZZA
Leodex
Tribadex
Hive-Engine
Join the Discord and $PIZZA NATION