BXT pool offers massive APR % .. sure it is not that insane Wonderland Time 80,000 + APR but it is safe and still super profitable. I have written about Beeswap and it's pools and it's fee share mechanics, Staking BXT offers 146.449% Staking APR from 50% of fees created from the swaps of hive:Swap.hive.

Currently the pot is downsizing a bit, but once more action hits you bet you'll be sorry not dumping in a few Hive to ride the potential of this beast. So I wanted to put my money where my mouth is which is add some liquidity to the pool, though not a lot,, I will be growing it daily though.

I added $1,000 worth split between Hive and BXT which offered the best product I wanted, which was more BXT and of course the most offered for it.

My current stats on the pool are:

• 318.599 swap.hive
• 34.961 BXT

This will fluctuate in the amounts of coins I have for each something called impermeant loss, but considering the high APR and the coins are solid there is little to no risk.. NFA.

Bringing me a estimate of .758 BXT per 24 hours. currently the value of this BXT amount is worth $11.055

BEESWAP

Beeswap on hive for fast swap.hive and Hive liquidity with a super low fee of only .25% compared to other fees on those other* networks Hive is killing it for sure.

As you probably already know BXT as a token created my Gerber same dude that is behind Dcity and Beeswap. There are many articles and posts around the token itself and how it works the mechanics of it and the economics of it and these parts we called them the tokenomics.

Disclaimer: I like this token

This has created massive liquidity for Hive, I cannot wait for future updates in the development and hopefully more increase in usage thus increasing fee rewards for staked BXT.

It has been a month since the same Gerber coder/hacker announced a token where it shared the fees to its stackers of BXT, you get a percentage of rewards based on stacked BXT, you also get rewarded BXT for providing liquidity in the Diesel pools.. this is very much needed in order to be close to the big DEFI name blockchains.

BXT was created to make more use of being a LP to the pools, thus getting rewards in tokens provided by pool managers, Gerber added a twist and is adding rewards to LP's in BXT on top of what ever else is being rewired for being a LP for that specific pool.

Beeswap token(BXT)

• Staked Beeswap Token(BXT) will earn 50% of all the fees generated by BeeSwap, currently estimated at 50k hive yearly.

• 3 days to unstake.

• BXT Initial supply

• 1000 tokens pooled with hive

*Final Thoughts:

A couple of days ago I was on the fence about providing liquidity .. Glad I made the choice to move forward with it, such great rewards and relatively safe*.

Future goals

I have been here a couple of years building and creating and providing "content" Recently since FEB 2021 I have been running my Project Utopis White Paper Here I also want to show my support for the chain by taking part in the governance and security of the chain.

Continue building Project Utopis to it's fullest, I enjoy delegating success to other projects.
Continue providing network support, helping scale once needed and hopefully launch my last part of Project Utopis to be a cool ecosystem in part with Hive and all other projects.

Go ahead and VOTE on both Hive and Hive-Engine Witness Serves @chrono.witness

Hive Witness Vote - https://vote.hive.uno/@chrono.witness

Hive-Engine Vote- https://tribaldex.com/witnesses

Thank you much for the support.

Music I vibed too https://www.youtube.com/watch?v=xLk9ZaguQVc

Posted Using LeoFinance ^Beta