THGaming LPool experience & projects
Hello everyone!!! ๐ป๐ป๐ป
It has passed more than 40 days (since February 14th) since I joined the Swap. Hive: THGaming liquidity pool and it's one of the best decisions I've ever taken thanks to @jim-crypto. My initial investment was about $160 (I was wondering myself why I was not buying some more cards or gold foil summoners but the #thgaming project convinced me to diversify my investments).
This was my initial balance in the pool:
What do I understand about pools?
But what is a pool? (In my words - first of all, it's not a guaranteed investment, that is, that you can lose money from providing liquidity to the pools). In my example, I bought 85 Swap.The hive that was worth 105k $THGaming on February 14th. These tokens were providing liquidity to the pool, allowing buyers to acquire either $Swap.Hive or $THGaming. I continued buying $THgaming till 150K and providing more liquidity to the pool and this is my today status:
One thing that one has to understand is that if you provide liquidity to a pool, this means that you believe in both tokens. As you can see 'I have lost 50k Thgaming towards 120 Swap. Hive. This can happen on both sides. Resuming hot points:
- I have almost doubled the value of my tokens (been so lucky, that's not usual in any project)
- I still receive several rewards distributed in the 13 tokens that you see on the right worth $2.8 -> daily!
- I am using these rewards to feed continuously the pool to increase or at least keep my 5% sharing of the pool.
How can one check the rewards of the pool? Hive-engine has developed a fantastic tool to track all the rewards of an account called Explorer that you can find at the top of your window:
Then you enter your user name and every reward is shown as a distribution reward:
Projects behind token rewards
Ok, so I am receiving lots of tokens daily. I must plan what to do with them. Until now I have used $THGaming to increase/keep my contribution to the pool. So other ones received?
PIMP (Paper in my pocket token community)
PIMP is awarded to those using pimp. media or anyone that uses the tag #pimp. Revenue sharing has been introduced for those that stake the token (currently top 50 HODLrz) with more to come in the future. I subscribed to their community. @enginewitty is his admin and has lots of plans explained for ones that believe in their project and stacks and keep #pimp working - he also has helped a lot to the $THGaming project providing liquidity and prices to the pool. I leave here the latest post telling how can you follow his evolution. Today $PIMP is worth 0.02149 Hive and here is the price evolution:
LVL (PSYBER X)
LVL Token will be the backbone of PSYBER X The next level of NFT gaming on HIVE. Based on a Cyberpunk landscape you will compete in 50vs50 combat Similar to Fortnite. See the Peak post below for the latest summary of everything happening with PSYBER X, and LVL Token Coming soon!
What? A 50 vs 50 fortnight's battle in Hive blockchain? I'm on it! I recommend keeping an eye on this joy issued by @saltyreptile and read what the hell is about in this post
SBT (Splinterlands Battle Token)
A community-based reward token that you choose to give out to people who you have enjoyed battling against within the Splinterlands game. SBT is not officially tied to the Splinterlands game. It does nothing inside of the game and can just be collected, sold, or bought to reward fellow battlers as you see fit. See you on the battlefield. For your share of free SBT tokens please go to the current post created by itzninjafool and simply comment that you are interested. Also, be sure to join the Discord server for raffles happening often and other fun stuff. Issued by @sbtofficial
After reading the description I realized that it would be fantastic having a token for the players able to reward their rivals on the battlefield for fantastic performances. I believe that it's more important to take a look at the matches lost that the ones that you have won. And in every loss, there's a player that has understood the game better than you. I would like this token to succeed. I went straight to their discord and @itzninjafool was very kind to inform me about the plans for the token:
Right now, we are working on the roadmap for some of the work we have planned coming shortly. One of the members will post it in the milestones channel on the server as well as a post for the roadmap. Lots of interesting stuff coming. I created the token, I am improving the token little by little as we go. Everything planned should start happening within a couple of days. I am shooting for by the 1st of April, to have the posts/milestones roadmap ready. I will also share some templates with things that are planned afterward.
Pretty interesting stuff. Stay tuned!
I think it has its potential. Where can I buy more tokens?
You can get them on Hive-Engine, through streamers, tribaldex. Anywhere where hive tokens are sold. Sometimes people who do SBT related posting will issue challenges. Soon, tournament. I will let you know that now because we had done a few in the past. There will be much more coming in the next few days about our 2022 plan. Tournaments* regularly if SBT works out. We will be sharing the details of everything soon. Our goal is to have it all set within the next few days. Share the information with others who are wanting to partner with SBT and make announcements as we go. Come to think about it. We need an announcement channel inside of this server. Thanks!
So we will see what's coming in the next few days! But right today I have earned as a reward 26k $SBT that can increase their value!
Other tokens with minor income
Apart from the little amount of DEC and Starbits that I am receiving (the amount of DEC represents a common card every 3 days and I love every single NFT that I earn):
$Wine - Wine token - Community token - more info
$APABEAR and $APADOG from @shermanbrothers [more info](https://dining.gifts/@shermand100
$BRO issued by @raymondspeaks and the community
$BEATCZ - music network for musicians and its website
$EXOFUEL - I promise to bring more information about this fantastic game in the next posts! Issued by @elindos
Joining the #thgaming community has brought me lots of projects and is full of expectations for the great events to come soon. Apart from the self token price appreciation, the best of THGaming is to come. We are working in our Whitepaper as a major next step! Stay tuned for the good news to come! I also recommend taking a look at the LP with almost 60 days left!
THE END
If you would like to join @THGaming and explore the #metaverse with us our Social Media links are here:
Official THGaming Social Media Links:
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๐น Hive Community
๐ธ Linktree - All Social Media Links
@entrepidus @dynamicrypto @synist3r @spiritsurge @jbtc19warrior @amaillo @captainquack22 Threshold.Guardian.Gaming (@Threshold_GG) We are a #playtoearn Gaming Guild ๐๐ฎ #crypto #nft #gaming #axieinfinity #splinterlands #blankos
