The Terra.Sinkhole Project first report
I hope you're already familiar with the Terra.sinkhole Project, if not you may visit this post and this short post about how I shifted with the idea.
TL;DR ? the Project's purpose is to take out as much scrap from the market as possible in order to help the scrap price decrease slower. I didn't burn any of scrap just yet, because I wanted to check if liquidity providing would be of any use to the main goal of burning scrap.
As for now it didn't
It's not that bad either. Of course less than 4$ won't create much rewards, but still it will be more.
I want to stress out that this option doesn't add up to scrap price depreciation - as the rewards are earned in Hive and than half of it is swap via pool for scrap. I hope increasing this project's share in the pool (currently 0.375%) will also help with the mission.
The game is being developed day by day, so some updates might create additional commotion as you see probably below (+14,84%).
General Pool Data
The account analytics
Let this project become a proper sinkhole
0
0
0.000
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https://leofinance.io/threads/terra.sinkhole/re-terra-sinkhole-msu3k9le
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It makes sense to look for ways within the ecosystem that this project can generate income and become a larger sink for scrap. The LP sounds like it's not that beneficial at this point, but could be good down the road.
This is what I hope for.
In addition I think for the time being, if it would be wise to delegate HP to @leo.voter and sell Leo