PROPOSAL - Adding Liquidity on the SWAP.HIVE:SCRAP LP

What's up Henthusiasts! 🤗

I hope you guys are doing well in life as well as earning pretty good chunks here on Hive. Maybe it could be gaming, blogging, curating, and other ways of earning some good amount Hive.

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The GIF above is not true though HAHHAHA 👆

Anyways, here I am again for another proposal to the Guild. Now, I know as the game operator for terracore on HHGuild's Accounts, we have benefitted a lot of the game, of which we already had fun plus we have earned a lot from the game. This time, my proposal is to help the Game by Providing Liquidity on the newly created pool on terracore of which $scrap is paired with $swap.hive.

If you don't know, "A liquidity pool is a smart contract containing large portions of cryptocurrency, digital assets, tokens, or virtual coins locked up and ready to provide essential liquidity for networks that facilitate decentralized trading".

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There are risks in providing liquidity on LPs however, with regards to SWAP.HIVE:SCRAP LP, I think the pros outweighs the cons. As by providing liquidity also grants us with some rewards if it is available, the same case with our Liquidity Pool.

With all of that said, I propose on a weekly basis to providing liquidity. Considering that the guild does not have enough budget to participate in one go.

100 Scraps per Week

Half of it would be converted to swap.hive as you need the same value on both tokens.

If approved we would be seeing, 100 x 52 = 5200 Scraps worth in LP in one year.

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I hope our HHG Stakeholders will approve of this proposal. Thank you and God Bless! 😇



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