Hello,
I would like to know everyone’s experience with liquidity pools. How’s it like, problems you have encountered, things to look out for, if it brings a steady income. I know it also has it’s own downsides as exchanges can go away with the funds.
Do some pools have some kind of limit on how much nubits for example, can a user contribute with? Would it be good or bad to contribute with 2, 3, 4 or even 5k nubits? Assuming the liquidity pair stays relatively stable and an exchange wouldn’t disappear with your funds, would it be safe to have those quantities on the pool? For example on B&C or when CCDEK runs on top of BTS?
Disclaimer:
I own and support BitShares. However, I’ve been always kind of fascinated by this community and the project. I currently don’t hold anything Nu related as I’m expecting the bts price to raise with 2.0 but I’m waiting for that to get some profits here. This will be the 2nd project I would support. Also, CCDEK will run on top of BTS so users have the priv keys to their own funds, this could be extremely good for Liquidity Pools right? I only wished both communities could get along better, it’s really a shame they end up in useless arguments.
Nu projects are pretty interesting to me, the only reason I’m not invested is because I dont have the money atm but I look forward to it once I have the opportunity!