RE: A Guide on How to Use Diesel Pools

How to Deal with Impermanent Loss (IL)?
you remove it from the equation: when you enter stable pools (where both tokens are stablecoins), the impermanent loss should not exist

And we do have the ability to conduct stablecoin farming on Hive thanks to the SWAP.HBD:SWAP.BUSD LP:

Hive DeFi stablecoin yields paid in BXT.

The pool currently pays a 10% APR in BXT rewards.

While this is half what you get for simply putting your native HBD in savings, you gain the advantage of being entirely liquid.

Having instant access to your HBD during Korean led pumps can more than make up for the 10% you're sacrificing.

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gadrian 2 years ago

Yes indeed! Sometimes having liquid stables at hand can be a blessing. There are also some semi-stable pools on Hive-Engine, where a stablecoin is paired with BEE, with WORKERBEE, or with SWAP.HIVE (unless HIVE is pumping, then this isn't stable at all).

Thanks for your valuable contribution!

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