MEME:LOLZ Liquidity Pool Weekly Update (04/25/2022)
This is the first weekly report for the MEME:LOLZ distribution pool (https://tribaldex.com/dieselpools/pools).
Today @memehive added 150,000 MEME to the MEME:LOLZ distribution pool.
Starting next week @memehive will be adding 1000 MEME to the MEME:LOLZ distribution pool each week.
Remember: There is an hourly lottery for MEME:LOLZ liquidity providers. Each hour the mining contract mints 500 new MEME tokens and sends them all to that round's winner. Each share in the MEME:LOLZ pool is like a lottery ticket. The more shares in the pool you have the greater the chance of winning in any given round.
The MEME:LOLZ pool is brand new and since there isn't much liquidity yet it only takes a few dollars worth of LOLZ and MEME to statistically win at least one of the hourly MEME lotteries each day. See the recent post by @imno as an example. So far @imno has won an average of one lottery each day with only around $2.60 liquidity in the MEME:LOLZ pool.
Meme modified from Batman (1966) image
Current statistics of MEME:LOLZ at the time of this writing:
Average APR: 35.359%
Price of tokens in MEME:LOLZ pool
- MEME: $0.00025
- LOLZ: $0.03206
Total pool liquidity
- 97,011.667 MEME
- 627.944 LOLZ
$44.199 (up from $0.000 last week)
MEME:LOLZ pool volume
- 8,319.359 MEME
- 59.371 LOLZ
$4.002 (up from $0.000 last week)
Distribution balances of all tokens in the MEME:LOLZ pool
- 249822.2577 MEME
- 598.93352336 LOLZ
- 99.82225424 HIQS
- 52356.7761 PAY
- 20868.84038439 NFTM