Try Quests to earn crypto"Small" LP Actions
Assets are provided by liquidity providers to the THORChain liquidity pools. Swap fees and system awards are used to compensate them. A variety of parameters relating to the pool and the status of the network influence compensation.
Introduction
Liquidity providers get a return on their assets by depositing them in liquidity pools. They earn Rune tokens and the pool's linked asset. Someone who deposits in the BTC/RUNE pool, for example, will earn rewards in both BTC and RUNE.
Methodology
Small LP is accounted for such that the provided Liquidity is less than 1000 USD. To account for the question here, The Mainnets that have a Gas price and not are considered. The assets that have Gas prices such as ETH as well as the ones without gas prices such as Terra ecosystems are also considered. To ensure this the assets that have added liquidity are analyzed from the liquidity actions and those assets are thoroughly analyzed to check the endurance of small LP actions.
The assets that have provided small liquidity to the pools are considered here. The total assets are considered as a whole and their Gas included assets' share, ie ETH.ETH's share of 29.6 percent is considered.The Pools are accounted separately for the detailed study of the Bounty
Daily LP actions of all the pools in the thorchain ecosystem are considered here and their liquidity provided to the pools is summed for each day of the year. Now let us look into the assets that have both Gas fee and those which doesn't have a gas fee.
All the ETH associated pools are vulnerable to the prevailing Gas fee and so they are accounted and their daily liquidity provided is analyzed here. It is seen that among all ETH.ETH had made the maximum liquidity action among the small Lp actions category.
All other assets that are not included in the Gas price are accounted and they are charted on daily basis on the added liquidity.It is seen that apart from BNB.BUSD,TERRA.LUNA is the pool that had been added with the most liquidity among the small Lp Category.
The summed assets are accounted for here with single liquidity of less than 1000K USD.
The trend followed by both the charted assets is considered here. As seen from the trend, it is seen that both the assets charted follow the same trend in their liquidity actions over time,Though the liquidity added by gasless pools is higher than the Gas included ones.
Conclusion
The smaller assets that are added as Liquidity into the pools are considered here.Providing liquidity on THORChain allows holders of dormant assets like as BTC and BNB to earn a profit.