WEED Diesel Pool Now Has Liquidity Provider Rewards! WEEDFI!
What's up my weed lovers and weedcash investors! I am pleased to announce that the SWAP.HIVE/WEED Diesel Pool now has rewards for those that provide liquidity to the market! It's been a long time coming but we have finally gotten it all set up! We have been working hard on trying to get Weedcash updated to the new outpost and thanks to @richardcrill we now have everything in motion!
So now on top of having WEED NFTs, we now have WEEDFI!
We elected as an admin group to create a long term distribution contract that will last 5 years and will need to be renewed after that time. We decided to go long term because it costs 100 BEE everytime we want to renew and at these prices, BEE is getting expensive.
What did we add and how much will be paid in the daily payout pool?
1,000,000 WEED - approx 547 WEED per day
1,000,000 LIST - approx 547 LIST per day
365,000 COM - approx 200 COM per day
So the early liquidity providers are going to get a nice payout until the market starts to fill up, then the rewards will be more evenly distributed. So don't be shy, go fill up our diesel pool and get rewarded daily!
We are looking forward to seeing the direction of the new updated Weedcash with all these awesome features added to the community!
Be Cool, Be Real, and always Abide!
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