RE: PLN status/updates and notice of extension

You are viewing a single comment's thread from:

RE: PLN status/updates and notice of extension

View the full context

shiftrox in #pln • 4 years ago

I'm focused on the SWAP.HIVE:PLNN pool, its APR is very good. I believe I entered a little after it was created, I was a little suspicious, but I realized from the white paper that the project is very serious!

About mentioning it in a post about PLN, I've done it 2 times, they were even simple mentions, but it's a start. I believe I can write something more with this update. The links:

Rising Star - Progress #59 Many Actions

Two investments I made: APE and PLN

In the official discord of HiveBR (Hive Brasil) I've also commented several times about the pool, I just don't know if anyone added some liquidity. Well that's it, let's go! !PIZZA !LUV !PGM

4 years ago in #pln by shiftrox

0.00 BPC

6 votes

Sort:

Trending

[-]

megalithic 4 years ago

perhaps for this your prize should be [FAITH]

This token has purpose unknown, but seems fitting.

It is useful that you shared the post, and write about it - as you might already know, our reach is limited, and 'self-promotion' is often considered spam in many contexts, so you have helped.

On note of APR, just keep in mind it's likely to drop when the time is extended, but the goal is to never stay below 100% as a minimum, while also maintaining some semblance of stability. After the extension, there will be a period of time where it's recovering (some preparations done, so it could be short, but likely a few people will panic) the 500% APR is most likely temporary in that regard.

as some side note, please refrain from this:

there's some concern that the variety of tokens in the PLN pool rewards will begin stressing processing of the distribution contract, but there's no way to remove them now. These will stay indefinitely unless the contract is allowed to expire completely, so it pushes the pool 3 tokens closer to the limit (if there is one) without adding much value. Basically there is some concern of limited slots, and there are a ton of dormant queen system tokens yet to be revealed. If you like to add something else to PLN pool, I suggest gaming tokens, since it would be nice to have more of those in the list.

0.00 BPC

3 votes

[-]

shiftrox 4 years ago

About the tokens I added, I'm sorry, as they were stopped tokens, I wanted to put them in order to share with the staff, it was a mistake, my 1000 apologies. I will always try to add game tokens so, the desire to help was greater than reason and I rushed. 😥

I trust the project and hope to be part of its growth, more than it has already grown!

0.00 BPC

4 votes

[-]

megalithic 4 years ago

The apology is sincerely accepted!
You had good intention and that counts for a lot. It exposes some issue on the hive engine side anyway, and that could possibly improve over time (since the pools are still relatively new feature, there's room for improvements) We can just see how that goes over time, since defi is best spanned across many months/years rather than days, a lot could improve as hive engine continues to evolve!

0.00 BPC

3 votes