TribalDex - Transaction fees not visible to Liquidity Providers

behiverbee in #hive-engine • 3 years ago

Transaction fees were introduced on TribalDex Liquidity Pools in order to incentivise participation and increase depth. Just few days ago @aggroed published an article Diesel Pools are generating money for liquidity providers and saving money for traders that present some stats about the fees that are gathered from trading which is quite impresive.

But while we are all hyped about new mechanism for the Diesel Pools, there is one thing missing which produce a negative effect in matter of trust and transparency. The transaction fees which are supposed to be given to Liquidity Providers are not visible anywhere, no history on that. So, are those reaching LPs and/or part of any rewards? Are there any plans to display a history for those?

#leofinance #ctp #vyb #pob #palnet #neoxian #dieselpools #hive #beeswap

3 years ago in #hive-engine by behiverbee

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hiq.magazine 3 years ago

[@quekery] We wrote in our current issue about fees for liquidity pools that are planned.

Perhaps these fees are for the hosts of the pools.

https://peakd.com/hive/@aggroed/fee-structure-changes-coming-to-hive-engine

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mba2020 3 years ago

That is a good catch I did not notice that they were not disclosing fees to the liquidity providers.

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forexbrokr 3 years ago

I've actually stopped using Diesel Pools because I've been waiting for an answer to this question.

If anyone can clear up what's happening with these fees/rewards, that would be great.

PS. Do you get taxed BEE if you don't publish these on leofinance.io?

You have the best Hive-Engine content that with a few subheadings, would no doubt drive traffic to our domain for years to come.

Come backkk :)

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behiverbee 3 years ago

Yeah, I try to separate the more casual posts on Hive-Engine and post them on TribalDex to the ones that I put on Leo Finance with my main account.

Actually the purpose of @behiverbee is to build enough BEE balance to be able to launch a Hive Outpost. I simply wished I had the plan and roadmap clear but I am still thinking on what the community I want to build is all about and what apps I could bring in order to enrich the Hive ecosystem. Too many ideas flying in my head, need to find those that are truly valuable for all of us.

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forexbrokr 3 years ago

The content is just awesome and definitely has evergreen value.

As the Leo maximalist I am, I'd just love to see that ongoing value being provided to our community instead ;)

As for your own outpost plans, that's awesome :).

I'm keen to see what you come up with when you're ready.

Any shortlist of ideas so far?

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behiverbee 3 years ago

Thanks for appreciating the content. I will consider pushing it through Leo Finance interface as that would help with SEO and also tag #hive-engine just to get some BEEs as well. But you are right, I can use Leo Finance also for these posts as are contextual to the Hive blockchain.

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