'Pre'-Yield Farming rewards for SEED are LIVE.

As stated in yesterday's announcement post, liquidity rewards for SEED LP's were coming soon®. Fortunately for us all, 'soon' means 'now' and liquidity rewards are already activated.

You can start depositing your SEED paired with SWAP.HIVE on Tribaldex and Beeswap. I ffind beeswap much more intuitive, but the decision is yours (different frontend, same backend like with HE and Leodex).

The first payment will be in around 24h after this post (rewards are being paid daily, not continuously, so you're not in a rush anyway).

Let's go with the details.

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Why 'Pre'-Yield farming rewards?

Probably many of you noticed the 'Pre' in the title.

This is because the current rewards (currently yielding a +38,5% APR) are coming from the marketing budget (also known as ''my own budget'') and they have a 'testing' purpose (how much additional liquidity we're attracting, how many users, etc). This is not real revenue coming from the @seed-treasury (yet).

This testing phase will last for 3 months.

And through these 3 months, I'll keep managing the reward pool actively and helping the SEED secondary market.

This includes market making the seed market through arbitraging, adjusting the %APR's to different liquidity conditions, adding/removing my own liquidity... etc.

Wen 'Main' Yield Farming Rewards?

After or during this period of three months, I'll probably get a much clearer picture of where we stand in terms of liquidity and what I can provide or can not.

For the time being, I'll keep my mouth close. Plenty of time ahead and don't want to spoil anything giving hints about something that could (or not) being implemented.

Happy yield farming dear SEED holders :)

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100% of blogging rewards paid to @seed-treasury.

Remember you can follow the portfolio in real-time here:

https://cointracking.info/portfolio/seedtreasury

You can join us on Telegram and follow me on Twitter.

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Posted Using LeoFinance Beta



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25 comments
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How can I get this seed.Is it a token. Can I get it on this leo finance.

Posted Using LeoFinance Beta

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(Edited)

I'm in. For the second time in 2 days. :) I kind of jumped the gun yesterday and put all my SEED in then pulled it out when I finally read the whole post and comments. lol.

Thanks for all your work.

Posted Using LeoFinance Beta

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Sorry for the shitshow yesterday. Now it's stable :)

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No worries! I tend to get a little excited when I see pools and want to be the first one in. lol.

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Is there a way to have a HBD pair? this would be the most easy to manage in terms of value imo :)

Posted Using LeoFinance Beta

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Thought about this option, but not worth it IMHO.

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ok :)

Even better to have the chance to buy in cheap if it swings :P

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I will hold, do not want to take chance of losing my "SEED" in pool.

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Seems that I'll have to 'incentivise' better the pool then...

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