One of the most important work of the @BlurtBuyBack project is to add as much liquidity on the Tribaldex Blurt Pool and we have been adding as much liquidity as we can but sadly we earn tiny amount of Blurt so our contribution is small but consistent.
Our posts and project has inspired a few users and @dominion01 has been consistently buying Blurt and adding liquidity to the pool. Thank you Dominion for adding liquidity to the pool.
Now coming back to the topic How much liquidity does Blurt pool on Tribaldex has?
Recently @Saboin shared a screenshot of the total liquidity with the names and we were shocked to see how shallow the pool is. Apart from Saboin, there's no one who has added a significant amount of Blurt.
We are at number 22! Yeah!
It is sad that there is hardly any liquidity. It is worth less than $3,600.
We need more liquidity and we need more volume. We need more users to trade Blurt and make Blurt go up.
True, we should do more transactions, but for that to happen there must be incentives for buyers/sellers, probably a pool with HBD or another stable currency would generate that interest.
There are incentives for adding liquidity to the pool. There will be 80,000 Blurt distributed to lp in the next few 100-200 days.
Like the daily payout in blurt. For me the biggest draw is helping out the platform this is an incredible opportunity for us to get in on the bottom floor of a new project.