Making my Colony Tokens work for me | Adding more in the pool...

Yesterday, I created a post regarding a purchase of SPS from Dswap.trade and from Tribaldex which I initiated and I wrote a detailed post regarding my experience in details Buying SPS | Dswap.Trade, Direct Market Purchase. You can check out the post for more details. Let me share about my Arcade Colony experience in little deep and I was thinking to use my spare colony tokens which were ideally sitting in my account doing nothing.





While I was exploring Arcade Colony, I was watching the fact that I have 10,000 Colony tokens staked in my account. And I Have in the game about 1291 Colony tokens and also not to forget I have some additional colony tokens in my Hive-engine wallet. That being said, this could be a nice add up in the liquidity pool which I have been trying to increase for the last couple of days. Time to add them up in the pool.

Before jumping in on the pool, let me share how many tokens of SPS I was able to get from my yesterday swap. I used up 60 Swap.Hive from my account and tried swapping those HIVE to SPS visa two sources. 30 swap.hive from Dswap.trade and the other 30 from Tribaldex. The tribaldex swap result came in directly, while the swap from Dswap.trade came little late, since it was DCA move and it would took some time. While at the end I was able to get (182.8 + 181.36 + 181.36 + 182.8 + 182.8). In total I was able to grab 911.12 Sps. While on the other hand i was able to grab 914.9 SPS token from my tribaldex swap.

So as it seems, I was able to get slightly higher SPS from converting the Swap:HIVE from tribaldex. But I assume if there was any fluctuations in between the price than these difference would have been quite amusing and also interesting. But I am happy with what I got and I also was able to try something different along the way.


Now it was time to add up some more liquidity in the pool. Even though the amount is small but it was well worth it.

Before

After

Nothing much has been added in the pool but coming to think about it, the colony tokens were just sitting idle and doing nothing in my account. Now they will atleadt push me a little further in obtaining the 100k Colony token goal in liquidity pool in the longer term.

As of now, the road seems to be a long way but coming to think of it, I started with almost nothing in this pool and now slowly grabbing a portion and slowly starting to increase my position in the pool. I want to keep this consistency and march on forward with everything that I have and I want to increase my positions along the way.

As of now, I have the position of approximately 40k Colony tokens in the pool which gives me a 40% accomplishment in achieving my goal, for the time being. It is not a big position but this is just the beginning as I have said. Lets, see how far I can go and how much I can achieve in the coming days in my goal. Although, in addition to this liquidity pool I plan to increase my HIVE stake, SPS stake in the chain. Wish me luck guys I want to achieve a substantial amount in building my stake before the end of this year. Peace out!

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_{Image Source: Tribaldex, Dswap.trade, Arcade Colony}

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Best regards

Rehan

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