Topic: I JUST FOUND ROLLBIT TOKEN ON CONCENTRATED LIQUIDITY POOLS (Read 128 times)

Why are you surprised though? Anyone can create a pool on Orca, just like other dexes[1]. The team probably created the pool to provide liquidity to its holders, while hoping that others would follow suit. It is also possible that the community created them themselves. It is not a centralized exchange listing that requires a lot of money (unless the token provides a ton of value for the exchange itself, like meme coins or airdropped tokens).

[1] https://docs.orca.so/orca-for-liquidity-providers/community-listing

True, people should really be that realizing or do should really know about on how LP staking works on which it had been mentioned that those unrealized losses would really be there but cant really be denied that those higher % is something that would really be interesting for us to throw up some RLB's on there. If it turns out that you do able to get out + RLB price is pumping then it would really be that a best
thing but usually i dont consider out on putting my coins on staking on LP. Calculations is a must whether it would really be that worth of the risks or not but somewhat it is really that hard to make
some conclusions in speaking about conclusions yet we know we dont know on how many people would be staking and on what the price would it be on the
time that you would be pulling it out.

Yeah man all what you say is 100% correct, and i agree with you, for that im not so much a fan of this kind of pools and i always battle aginst the people who talks only about the fantastic returns and never say anything about the impermanent loss.

I just put that here because it was a surprise to me to see this token in that pools.

I notice that the liquidity is still which means the percentage yield will still subject to change once the TVL will increase. Also the impermanent loss should be taken in consideration here since it’s paired on volatile assets too.

The high yield is due to the low TVL and volatility of the pair. You should calculate first before you start staking since this is LP staking which means your coins is subject to impermanent loss that is painful especially if your original token holding value is pumping.

About the question why they are not listed on exchange, is a good one but im not the correct one to answer that, but i remember some other tokens who where listed on exchange and is not so good for them because you can lose control over the token so fast, i see that several times, and some teams talk about it was a msitake ot list a token so early in a big exchange.

Rollbit Token is listed on ORCA and this platform is a crypto marketplace so yes they have liquidity pool and staking, the question is why are you surprised? Many DeFi platforms are offering such staking rewards or are you one of those people that believe that staking is scam? I have did this few times between last year and this year and I got my rewards.

@Slowdeath why are you concerned about the small listed exchanges? Isn't that what many projects do in a bear market? They wait for the new year or even after halving to start listing on bigger exchanges, don't judge a project by the numbers of exchanges it's listed on, if it's listed on big exchanges it is not much attracting to me anymore, you want to be there before they list on other exchanges, market cap and volume will rise after the new listing.

RollBit token will do very well in coming months and I believe the team know what they are doing that's why they slow down the new listings, many crypto projects are doing the same thing, this is not new at all, I have been seeing such since the last bear market, most listings happens in a wake up to the bull market, I believe Rollbit is built differently.

when I look here:

https://coinmarketcap.com/currencies/rollbit-coin/

I don't see the token being listed on major exchanges. 6 months ago it was like that, before 6 months ago it was like that, today it's the same thing. So I ask you: if there is so much development on the part of the team that you said, why don't you see the token being listed on major exchanges? It's unbelievable that when you pay attention, you'll see that they don't talk about listing on major exchanges, why are they really not talking about listing on major exchanges? I have an idea why they don't talk about listing the token on major exchanges and before I talk about it, I would ask you the following: what are crypto investors' biggest expectations when they buy a new token or altcoin?

the answer is that they expect that when they do hodl, on the day that the token or altcoin is listed on some big exchange, that token or altcoin will rise a lot and with this big price rise the token will bring them high profits, so it see this as a main objective. now the creators of casino tokens only look to make high profits from the token and do not look at the investors who buy these tokens, the purpose of the casino token is to make a profit only for the casino owner, nothing more. Some people have been lucky enough to profit from these casino tokens, but it is pure natural luck, since the price was low and other people came and the price went up, so the first investors profited.

because I think this way, and that the creators of the casino token, they know that to list the casino token on a large exchange, they will spend money on listing fees and their objective is not to spend money for the benefit of the token and investors, their objective is to make a profit at the expense of the token, they also know that when they list the token on a large exchange, some time later the price will drop a lot to the point of reaching the real price and that would mean that they would lose money and as I said, they do not they create a casino token with the purpose of developing the token, they create it with the purpose of making a profit.

Honestly, I don't put my money in these casino tokens, I've seen that this casino market is saturated, the competition is too big and all casinos offer the same resources: bonuses, VIP accounts... so with the price of the token depending on the success of the casino, I don't see these tokens being good long-term investments and they are not suitable for day trading because they are not listed on major exchanges. but for people who are not risking a lot of money and are aware of the risks, it may be worth investing in these tokens

Well like the title said, i just found this one in ORCA platform, and i was not really expecting this to see, for one side is good to see this token is very spread and is having a good develop by their team, because you have to follow all this things very carefull.



Very high yields, and a few good pairs we can see in the pic above.

What do you think about?