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RE: What are Diesel Pools and how they could bring DeFi innovation to Hive

in LeoFinance3 years ago

How does a liquidity provider earn in the Diesel Pools if there is no transaction cost? If I provide liquidity, say HIVE and DEC, what will I earn? And by when?

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That was a question that I was asking myself as well. I'm not 100% sure about it but I saw that it's now possible to add a reward pool to a diesel pool. This reward pool works similarly like a mining pool. It's a lottery that gives away the token from the reward pool to the liquidity providers. The mecanisms are implemented but I believe there are no reward pools yet attached to any Diesel Pool.

!ENGAGE 20

Ah, so no point putting the money in at the moment. Or is there any other benefit that I am unaware of. Either way, thanks @achim03! And thanks for the tip! :)

You are totally right. At the moment there is no benefit to deposit money into these Diesel Pools yet.

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