LBI Added to LP Rewards

Image created using ideogram
This post is not financial advice
@tydynrain you will love this :)
I wanted to announce that I am starting to add some LBI to the LP rewards. This addition is going to be very, very slow however there is a placeholder amount right now
I swapped tokens with @lbi-token and most of the tokens were put into the HSBIDAO:LBI pool. Some are still held in the wallet. I will occasionally add some more into the HSBIDAO:PIXYDUST LP as rewards. I do not have a set schedule.
You may also know that the displayed APR in the pool is not exactly accurate. This is because of the price discrepancy in THREE. The price on the exchange is much higher than in the pool. The real average APR is closer to about 30-35% but that's a bit tricky to calculate.
This token swap for LBI I think is a fantastic deal and a good move for the PIXYDUST token overall. The LBI tokens pay divs and are of course helping to back the token.
That said I do want a little more balance and will be focusing on increasing the HP on this account for a little while. That growth will mostly happen on it's own through posting and curation. I like to have a variety of tokens backing this one but HIVE is the foundation and I want to make sure I have enough of that on hand if needed for buybacks, etc.
Of course my back up plan , if necessary, is to sell some HSBIDAO tokens for swap.hive if that ever becomes an issue .It's not an issue now, I am just stating my intent/thoughts etc.
Speaking of HSBIDAO I am slowly increasing my holdings as I receive withdrawals from the Three Legacy game. I also may be converting some HSBI units into tokens in the near future. I haven't decided when. I do plan to covert at least 500 HSBI units to HSBIDAO tokens within the next 30 days or so. I think I may do like 100 a week.
I did hear something about delegating HP for HSBIDAO tokens in the near future ,so that is top of the list if/when that happens. I don't have any further information on that. Just going by what was publicly posted in their discord.
Congratulations @pixydust! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
Your next target is to reach 1250 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOP