CUB-DEC Liquidity | I am the First Provider | Why?

in #leofinance3 years ago

What Did I Miss?

You know that feeling when you get ready for a party, put the best dress on and then take your most expensive car to the venue so that you can roar your arrival to the crowd and then…. you stand at the door and mull what happened. You got the right venue; you got the right car and dress, only there is no party. What happened?

You can relate to that feeling, I am sure. At least the good part is that no one was there to witness your embarrassment. Or was it a prank? You wonder.

Abandoned_SnapwireSnaps_Pixab.jpg

Guess what? I had the same feeling when I was providing liquidity to the CUB-DEC pair.

The CUB-DEC pair, did I say?

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The CUB-DEC Enigma | Did You’ll Play a Prank on Me?

You see, I am very good at deducing. So, if Dark Energy Crystal (DEC), the in-game currency of Splinterlands and CUB, the newest entry to the LEO family, intend to go on a date, I would presume the paparazzi would be around. A lot of them. That made me take out my camera too.

But guess what? There was no CUB-DEC date, and there were no paparazzi. It was only me with the camera to click nobody. What was going on? How could no one provide liquidity to the CUB-DEC pool? Isn’t it a no-brainer that two of the most happening cryptos around the Hive Ecosystem should be the best pool to.. well…. Pool? What did I miss?

If that was not strange enough, Cubdefi told me that I would be the first to provide liquidity and hence the first to decide the rate!! You heard that. I get to decide the rate. Cubdefi understood my significance, even if you didn’t. Or was it being sarcastic too? I wonder.

CUBDEC_liquidity.jpg

Either way, I was there for the party, so I might as well do what I came for. I danced alone – to no music, no crowd, and definitely no paparazzi. ☹ But I seemed to have done something the world has not done. I provided liquidity. Hehhehe.

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Still Have No Clue About Certain Things

Now that I have provided the liquidity, I have the following questions:

  1. Why nobody? Is it that there are no rewards around the CUB-DEC pool?
  2. But even then, wouldn’t the SPS snapshot take your CUB-DEC liquidity data? Wouldn’t it make sense to make your CUB sitting there under staking made to work harder by providing liquidity? I thought it made sense. Don’t you?
  3. And lastly, even after providing the liquidity, my SPS snapshot is not picking it up. Why? I don’t know. Do you?

So, what am I going to do? I am going to let the liquidity remain. After all, BSCscan told me that there are three addresses in total right now. That means I inspired two others to do the right thing. Hmm… I am a world leader!! 😊 😊

Anyway, all you learned folks out there - see if you can let me know the reason for my three questions above. I would be grateful! And I promise, the next time you are stranded, I will be there to help. Pinkie Promise!

And as you would have guessed, this is no financial advice, and if you thought otherwise, you must have gone to many parties with no one around. My sympathies!! 😊

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Image Courtesy: SnapwireSnaps at Pixaby

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Maybe you just are a first-mover...going to check out the possibilities...Thanks!😀

Yeah, I guess so @vintherinvest! Still confused though. :)

Posted Using LeoFinance Beta

I hope someone answers because I'd like to know too. I'm in the DEC-BUSD pool which pays out in CUB but I have lost a ton of DEC there since the price sky-rocketed. I have more BUSD of course but, given the airdrop, I'd rather have kept my DEC.

!PIZZA

Posted Using LeoFinance Beta


@oivas! I sent you a slice of $PIZZA on behalf of @gillianpearce.

Learn more about $PIZZA Token at hive.pizza (1/10)

DEC-BUSD pool is cool. That said, my main issue is why the SPS snapshot is not picking it up. It is picking my DEC liquidity from the Diesel pool but not from BSC (Cubdefi). So, not sure. I linked my Metamask, too but still not picking up. I guess something to do with the pool being too small, I believe. I don't know.

But thanks for sharing your perspective. So, we both wait for answers. :)

Posted Using LeoFinance Beta

It is picking my DEC liquidity from the Diesel pool but not from BSC (Cubdefi)

I'm not sure why. It might be worth asking in technical support on Discord. Mine gets picked up OK.

Posted Using LeoFinance Beta

I have put it across on discord. Let's see what comes of it. Thanks, @gillianpearce! :)

Yay! 🤗
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