Over $100,000 traded in Diesel Pools

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(Edited)

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Diesel Pools are off to a fine start. We've traded over $100,000 worth of tokens without fees or GAS costs in the Diesel Pools.

We're working on adding rewards for the diesel pools. They should be here in the next couple of weeks, and then pool owners and the platform itself can incentivize staking tokens into the pools and you'll earn rewards for parking money here and allowing folks to trade.

Not only that, but you'll be empowering this entire ecosystem while locking up Hive while you do it.

Diesel Pools are off to a great start and I wanted to share some praise and gratitude to the community for helping us hit this awesome achievement! We got 1 comma. Let's see how long it takes us to add another!

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Try this out yourself at tribaldex.com

dieselpools hive money finance leofinance palnet neoxianag splinterlands weedcash hive-engine
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28 comments
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Have to find out more, thanks for notification.

@tipu curate

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Not sure read this: Hive Today - Thanks @aggroed bit of catching up...

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I went on a little chase looking for the info.

I guess I'll have to wait until the LEO community blogs about it in mass.

Posted Using LeoFinance Beta

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Sure to be more in the coming days seeing as this is relatively new, good luck and keep having fun @metzli

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I have a theoretical question about how they operate... can someone trade $100 worth of token back and forth all day long? If they did while no one else traded against the pair would they end up with the same amount of tokens they started with at the end of the day?

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there's no fee, so users can wash trade, but there's little incentive to do so.

You would not likely end up with the same amount of tokens by the end of the day as others would be participating as well and change the price along the way.

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Based on the picture in the post, at first I thought that Diesel Pools is a video game on a blockchain, like Steem Monsters/Splinterlands. That would be more fun.

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Great news. I will save half of my 1.000.000 DEC at https://cubdefi.com/ and the other half at https://tribaldex.com/. It becomes very difficult to wait for the opportunity to do this ...

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image from pixabay

Posted Using LeoFinance Beta

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I wonder if there will be a reward incentive for Dec into pools on tribaldex

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It's very interesting, without encouragement, the whole point of using it is lost.

Posted Using LeoFinance Beta

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well i have certainly been a recipient of the utility of the DEC-HIVE pool and am thankful to those who have added liquidity to that pool without incentive. I'm guessing that's mostly the @splinterlands team

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Saludos @aggored. Soy nuevo en la plataforma y desearía tener información sobre como jugar en la plataforma.

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Can you tell me the difference between this Diesel Pool and hive-engine.com, besides the fact that people can add to the pool to earn rewards? Are there any differences to the average user who just wants to trade tokens?

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Wait.

With ETH / BTC and other cryptos on it +

Hive engine Tokens with 0 fees + rewards is very cooooooooooooooooool.

But will we see stacking rewards like defi farms have? A Hive engine version of defi without transaction fees but all cool benefits from defi?

that would be HUGE!

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