Leomarkettalk In pHBD-USDC Pool

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A couple of weeks ago we posted about Leomarkettalk joining the pHBD-USDC pool.

In it, we stated:

In the meantime, the idea behind Leomarkettalk was to have a place whereby people can drop links, short form content, charts, and tweets. It is a great information source. Many are making come good connections and there are some contacts.

Each day a post goes up. Like any post, it is eligible for rewards. For this reason, we are going to support the community.

What is the highest priority community initiative now? That would be the pHDB-USDC liquidity pool.

The main idea is for @leomarkettalk to be a permanent provider to the pHBD liquidity pool. What goes in does not come out. It is liquidity that will keep growing as payouts come.

All POLYCUB will be swapped for pHBD-USDC. In our own way, it will provide a steady flow into the pool.

HIVE Swap and p-HBD

We executed the move from Hive to Polycub. A couple of transactions were executed as per the original post.

To start, the power down that was started a few weeks ago paid out twice. The HIVE was swapped on the Internal Exchange for HBD. Here is the transactions.

hbd.png

As we can see, 279 HIVE payout out just under 210 HBD.

This was combined with the other HBD that was in the wallet. All of this was moved over to Polycub.

phbd.png

Here is what the holding looks like.

phbd.png

Leomarkettalk To pHBD-USDC Pool

All HIVE and HBD earned from the posts on @leomarkettalk will be used to fill this liquidity pool. The HP that is paid out will be powered down and swapped using the Internal Exchange for HBD. Just like these transactions, the HBD will then move to Polycub, split into pHBD-USDC and added to the pool.

This is a community commitment.

How can you help?

The first is to keep supporting the Leomarkettalk posts with upvotes. We are going to keep pushing more liquidity onto Polycub while also taking some of the HBD off the Internal Exchange.

We believe that a deep pool of HBD is helpful to the entire Hive ecosystem. Since Leomarkettalk exists to benefit the users of Leofinance, which posts to the Hive blockchain, this makes a great deal of sense.

On a personal note, I moved some HIVE over to Polycub an added to the pHIVE-POLYCUB liquidity pool.

Neither of these transactions are huge amounts but it all adds up. We each have a role to play here in helping to fill these pools. After all, it will help our holdings of HIVE and HBD.

Also, if you haven't done so, stop by the daily Leomarkettalk post and drop some conversation. A lot of good people in there.

Hopefully we can make this grow and get some nice money flowing over to Polycub in the form of pHBD.

If you found this article informative, please give an upvote and rehive.

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20 comments
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Great news… will continue to support the Leomarkettalk posts!

Thanks 😎

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2k is honestly sizeable I think and shows how much people are committed to supporting and help grow LEO and Hive. As far as I'm concerned we need more people and projects brining value into this blockchain instead of treating it like a ATM machine for posts. It's to me one of it's biggest downfalls right now but projects like this over time will start supporting value and growth.

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I agree. People need to bring some business perspective to the table. We do not have near enough of that. Some are going to see the light.

Those who are supporting @leomarkettalk are seeing how we are trying to help out.

$2K is sizeable and more will head in there are we get the payouts. It is a permanent position that is being taking, only growing in size over time.

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Really cool to see that we're putting the rewards that this community account is earning to work :)

Thanks for all the work you do for our community, Task!

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Putting the rewards to work while also supporting the expansion of Leofinance and Hive. The new LPs are vital to the future and getting a ton of liquidity in them is equally as important.

We will do our part. The next goal, get $3K in there. Going to take a bit but we will keep adding.

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Just wondering but what are you planning on doing with the harvested PolyCUB when there is no early harvest penalty? Are you going to convert this into more HBD/USDC or will you be locking up the PolyCUB into some other vault?

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all of these activities help the growth and strengthening of pHBD-USDC and the pools of rewards for each one. Thanks to #POLYCUB and @leomarkerttalk we will achieve the goals

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This is a great way to continuously and steadily add liquidity to PHBD-USDC LP.

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(Edited)

I found this post through the subsequent @taskmaster4450le post pointing here. I won't bore everyone with my long comment over there, but i will just say this is what I have done (and what I am encouraging everyone here to do).

  1. Will attempt to upvote @leomarkettalk posts as regularly as possible

  2. Will attempt to engage with comments and votes on leomarkettalk as much as possible.

  3. Have delegated half of my HP to @leomarkettalk (you don't have to do as much -- just whatever you can).

All of these things will increase @leomarkettalk ability to gain HIVE/HBD more quickly. This will increase the liquidity going to (and not leaving) the pHBD-USDC pool.

In a pure return sense, this is not the smartest thing to do because I could power down that HIVE and put it in the pool myself. However if many of us would do this it will increase pool liquidity faster.

And who knows the ultimate long-tail benefits from engagement, leomarkettalk account growth and received connections and upvotes may work together to add up to potentially more for the individual in the long run ;-)

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