RE: PEPT Problem solving account Liquidity Pool at a New High
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Are the toofuckeh and toofuneh accounts receiving rewards from the toofuckeh pool?
Yes, as well as a few other PEPT Game system accounts.
It would be nice if they were excluded to actually reward other stakers for participating
I have considered the impact of system accounts adding liquidity. Your point is valid in the context you mentioned. However, the overall purpose of the pool is not about APR to liquidity providers. The APR is a bonus and I agree it can be viewed as an incentive for adding liquidity. As the project accumulates more assets, some will be added to the pool as bonus reward. And maybe other projects will add going forward.
Primary purpose of the pool
To accumulate a poop load of Swap.Hive linked to a token that will appreciate in value over time. Most tokens on Hive have to manage the impact of inflation because new tokens are created everyday. There is no inflation impact on a problem solving token.
My vision is that swap.hive can be moved in and out of the pool whenever a liquidity provider account wants to park swap.hive for later use or when an opportunity comes up and they need swap.hive quickly.
As more non-system accounts add to the pool the reward portion going to system accounts reduces. PEPT system accounts have specific purpose and processes that boost returns and value for the various PEPT game pieces. They help create unrealized gains in the ecosystem. So this is important to long term PEPT game player accounts and not so much for Hiver accounts that seek annualized investment return from say, an investment token. The PEPT Game is not an investment. It is a personal development ethos that can help in making better investment decisions.
Your question is much appreciated and helpful in evolving a new way of growing digital wealth on Hive.
Long term to me is multi-generation and not a few years, 5 years or 10 years.
The goal is to build a super strong support level for the token at 0.010 Hive and then focus on capital appreciation for the token.
While the value of Hive is declining, I am able to build the foundation at a lower cost and hopefully within this year.
I am a believer that everything has a cycle. Each cycle offers an opportunity to rebalance assets so one is well position for the next cycle. This is a great time to accumulate Hive and project game pieces that are undervalued. Giving away too much now to attract buyers of an undervalued token appears to be counter-productive in growing long term digital wealth on Hive.
I do welcome a challenge so please counter my logic cause it is part of a Plan-Do-Check-Act process improvement methodology I follow.
!PIZZA
!LOLZ
!SLOTHBUZZ
I appreciate the well-thought-out reply. I agree, supporting your own token and having somewhere to 'park' your swap.Hive, which further supports your token ecosystem, is brilliant. I do believe you can do this whilst keeping those accounts 'excluded' from rewards though.
Again, thanks for your response, the pool is viewable to all, and users can decide whether to add their own liquidity or give it a swerve. I'd simply suggest that more users would be keen to be involved if their share of the rewards were a little higher, granted that's not your main goal from the pool. I wish you continued success for the token/game and pool.
Thanks again.
Thank you very much for the exchange.
Another pool may be in the works to address the valid point you make. Once the current process is operational for a few more weeks I will have more data to review and guide me for the next process improvement iteration.
I am accumulating a lot of different tokens and some would be good candidates for a Reward Pool. So maybe it can be part of the TooFuneh Reward Pool. I will have to sleep on this idea for a few nights.
Guess I will need to save some BEE for another pool.
!LOLZ
!PIZZA
!SLOTHBUZZ