Rising Star liquidity pool now offering 296% APY!

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pool rewards APY.png

That's right! I have added 45 STARPRO to the distribution contract for liquidity rewards on the STARPRO:SWAP.HIVE pool, a massive boost in effective APY. I assume that puts us near the top of some list somewhere. If somebody adds enough liquidity to significantly dilute the rewards, I may consider adding more.

This is all part of our long-term plan to improve trade liquidity and volume. If current liquidity levels do not meet your needs, I am willing to swap any amount of STARPRO for SWAP.HIVE or STARBITS at the pools going rate (assuming no market manipulation). If you use STARBITS, I will add these to the STARPRO:STARBITS pool, myself.

Also, please remember that we still have wrapped STARPRO on the Polygon blockchain, which is paired in a trade pool with ETH (learn more here). In somewhat recent events, HIVE prices were skyrocketing, but in more recent events, ETH is posting solid gains. This provides ample opportunities for arbitrage, and we plan to automate the swapping process once we've finished stabilizing the new version of Rising Star.

To play the new and improved Rising Star, visit https://risingstargame.com/. To learn more about trade pools and how they relate to the Rising Star game, please read https://peakd.com/risingstar/@michjazz/rising-star-game-liquidity-pools-and-their-benefits.



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7 comments
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Today i added 0.255 starpro to the starpro:swap.hive pool.

!BBH
!ALIVE
!HEARTBEAT
!PIZZA

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There's some nice returns to be had. Maybe I should get more into that. I just need STARPRO to do some of the missions.

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Thanks! I will remember to activate a MM in STARPRO now

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Congratulations @wagginston! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

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That's awesome! Thank you so 🤗 much!

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It is not sustainable. 296% is a purely theoretical value and misleading at best. Whoever hopes to get 296% after a year, will be very disappointed.

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