RE: SPORTS Inflation Changes

You are viewing a single comment's thread:

Most of all, I like the improvement going on, it shows we aren't stagnant.

I guess I'll have to come back again to reread this because I still can't wrap my head around it fully.

All the same, I'm coming from the perspective of an investors who wants to provide liquidity, what will be his APY /APR.?
In providing this liquidity, does that mean the provision of corresponding Hive too?



0
0
0.000
1 comments
avatar

This is more a question of the overall economics of SPORTS and how emissions should be controlled (ie what percentage should we emit SPORTS to content creators or non-content creators). Right now we do roughly 80% to content and roughly 20% to DAO (Liquidity providers, projects, etc) if we went with a basic adjustment to fix the issues mentioned above. I am proposing we make that an 65/35 split with content still keeping the majority but giving much more available to tools like LP rewards. While this directly affects stakeholders it's not as much of a question of APY/APR as much as it a question of where the funds go to (content vs non-content.)

Whenever you provide liquidity you have to provide equal market amounts of each token in the pool. Right now we only have the swap.hive pool so you'd do have to have 0.8121 swap.hive to put in 10,000 SPORTS. If we add more inflation to the DAO then added another pool for swap.btc you'd have to have equal market amounts of SPORTS and SWAP.BTC.

0
0
0.000