Welcome to the latest edition of the Liotes news. The content this week:
Here the websites where you can find these pools:
Tribaldex
Beeswap
A project run by @ph1102 and @achim03
▶️ 3Speak
At the moment there are 136 LEN tokens in the prize pot for the Liotes Power Challenge 2025.
Diesel pools are the oil of my Hive flywheel... 🌀😎
I like the LEN:LENM diesel pool - but I wish you would remove BIT from the rewards as it is utterly worthless!
!ALIVE
!BBH
With HE everybody can add a token as a reward to a pool and I have no idea who added BIT to it. I agree with you that it's worthless. We often use this token to check if our script works lol
I do love diesel pools but I've always found it hard to understand what you're earning, losing etc on these.
You probably have impermanent loss in mind and I agree that it's a nightmare concept to explain or understand. What I can say is that the more the token pairs are volatile towards each other, the more it will cost you. With LEN and LENM we have two tokens that are pretty stable and therefore generate very little impermanent loss.
It's a good explanation. It's always nice to get a nice refresher on it as I haven't touched it in a while.
We sometimes think that everybody deals with things as much as we do but it's important to review some things from time to time for the people who are less involved into such activities.
Thanks for explaining the diesel pools.
last week, i also did a generic post on len:lenm pool.
I will leave the link here, in case anyone wants to read ->
https://peakd.com/hive-167922/@imfarhad/diesel-pool-lenlenm-beeswapdcityio-tribaldex-7my
!BBH
!ALIVE
!PIZZA
Thanks for the update! Been around on Hive long enough to know the diesel pools, hehe!
There are some specialists like you that know hot things work and there are others for whom it can be useful to get a referesher :-)
Impermanent Loss — something I quickly learnt early on when I dabbled in LPs!