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RE: Project Liotes – The income streams

in LeoFinance3 years ago (edited)

Cool, @liotes. I like how you explain income streams. I have in my Metamask wallet 1 and something CUB and find out that's a complicated process to stake CUB or in the Farm or in the DENS. If you solve that and already staked CUBs in DENs, maybe should not be a bad idea to send CUBs to your account. What can I expect? I mean that's the question that I think this is not just my question but maybe could be a service that LIOTES project would provide? And another income stream for all ...

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Thanks a lot for your interesting suggestion. The truth is that we created a pool with the ctpsb project in order to save transaction fees. As you might have realised having 1 CUB out there will generate more costs than income in the short term. That is why in our opinion it makes a lot of sense to pool things together. We haven't really thought about opening this pool for other people at the moment because we still need to understand the return that we will be able to generate. The other problem is that we have plenty of different tokens and token pairs in this pool and it's a very dynamic worth evolution. To be able to accept tokens of other parties we would need to be able to define the percentage of each partie's contribution in order then to split the returns accordingly.

It's definitely a very interesting proposition and we need to make some additional calculations in order to find out how we could actually provide this service :-)

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Thanks for the answer, @liotes. Yeah, you're right, this one CUB makes more costs than benefits. And the procedure for the average blogger (as I think about myself 😎) is complicated, especially if you're not daily on exchanges. So I got that idea when reading your post. I understand that there is a lot to be done. But this is a general idea, it doesn’t even have to be just for CUB at all ...