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RE: Hive Gives Me Hope!

in Silver Bloggers13 days ago

Blurt.blog + BeeSwap Liquidity pools are the best way to earn Bitcoin these days.

https://beeswap.dcity.io/pools/add?pool=SWAP.BLURT:SWAP.BTC

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Why do you say that's the best way? You could still suffer the impertinent loss. Right?

Impermanent loss (IL) in decentralized finance (DeFi) refers to the temporary decrease in the value of assets deposited in a liquidity pool compared to simply holding them in a wallet. This occurs when the price of tokens in the pool diverges from their initial ratio at the time of deposit, due to market fluctuations. The loss is termed "impermanent" because it can be reversed if the token prices return to their original ratio.

Thanks for the definition that I already know 😂

I’m not worried about Impermanent Loss since I have already earned enough Bitcoin to cover any difference in the Ratio.

Oh gotcha. What's the plan with Blurt? Is the main developer saying much about the plan going forward?

I think they are just building slowly. Adding apps like Blurt.media that will add additional crypto rewards to every video. I see that the Blurt Team is also Building the Blurt - Strategic Bitcoin Reserve through Liquidity Pools. I notice a few whales buying up most of the Blurt on Probit and Hive-Engine and starting Blurt promotions on X.com and YouTube. Lots of good work happening behind the scenes.

that is good they are still cranking away on it.