I do know about the risks and about impermanent loss. It just took me until this month to realize that providing liquidity is what keeps tokens tradable!
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Oh, okay. Yeah, it helps to have liquidity, and the pools create arbitrage opportunities. It also helps the price of CCC if the tokens are being bought and sold. So here's the link for BeeSwap: https://beeswap.dcity.io/pools?search=ccc. This lists all the Creative Coin pools. BeeSwap is easier than Tribaldex, I think.
Thank you ... right now, my CCC and WIT are just sitting, so, if somehow impermanent loss happens, it happens! But, we live in hope on Hive and with all its tokens, so why not get the use of these tokens since otherwise I am not doing anything with them?
Exactly! There's a lot off liquid CCC out there. The pools offer a chance to put it to work.
And thank you. I'm glad to have another creative writer joining in. Many of the participants are merely investors (shouldn't say merely; they're important to the game). But I do this for the artists, and always like to see an artist getting the benefits.
I do understand Creative Coin is meant to benefit creatives ... it also happens that I am a crypto investor as well, so it works twice over for me.