Investment in Beeswap pool - Pair SWAP.HIVE:VOUCHER - week 14

4 months ago

News

This week things did not go well for this liquidity pool. I was only able to add 0.32 Swap.Hive and 2.54 VOUCHER to the pool. I don't really know the reason but my profits went down, I guess it has to do with SPS dropping in price this week or maybe a lot of liquidity was injected into the pool. This is a variant that I do not follow week by week but that can affect a lot.
The profitability of the liquidity pool fell again this week and was quite affected by the drop in the price of the remuneration token. In any case, it is still a good profitability for a pool with so much liquidity. I will be attentive in case it continues to decline and we have to look for greener pastures. There are a couple of options I have in mind.
I have to look for more solid power sources for this pool
Performance remains in line with the previous week.

I'm going to expand the type of investments I make in Hive and have chosen pools as a good way to increase the returns I get on-chain.

Why use pools? Because they don't require a lot of time to manage, I don't have too much free time, and because I think they offer good performance.

My investment strategy in Beeswap pools:

I will choose pairs that have currencies that I like and think have a good future.
The minimum performance has to be higher than the 20% that can be achieved in Hive.
If it is possible that they have good liquidity.
Have daily transaction volume
If possible they are linked to Swap.Hive
7 pairs maximum

First pair - SWAP.HIVE:VOUCHER -

Liquidity - High
Negotiation - High
Profitability - 32.35% APR
Linked to Swap.Hive - Yes

Token Name
Splinterlands Voucher
Supply (Circulating / Total / Max)
6000000.000 / 6000000.000 / 9007199254740991.000
Issuer
@steemmonsters
Website
https://splinterlands.com
Description
Voucher tokens for the purchase of Splinterlands Chaos Legion presale booster packs. Stake SPS at https://splinterlands.com to earn yours!
Precision
3
Staking
No
Delegation
No