In this Week 34 of our Saturday Savers Club, I decided to research Diesel Pools after reading an article by 
Since Leo Finance's development of its library, called LeoGlossary, I've found it useful when researching new savings and investment strategies. I visited the Glossary to learn more about the terms used.
Diesel Pools
First: I discovered that a Diesel Pool is the pairing of two tokens that you can exchange (or swap) between each. The premise is that the pairing will provide liquidity. I think of it as farms and kingdoms.
Second: Two tokens you choose are initially paired at a 50:50 ratio. Perhaps this means you want the same number of token or equivalent value. Once you add your two tokens, the balance is stabilized by an Automated Market Maker. This is known as an AMM. Need to research this term further.
Third: Can't forget about fees to set up you liquidity pool. It's 0.25%. This fee is paid to the liquidity providers.
I also learned that since Hive-Engine provides diesel pools I can invest in, it'll be easier for me to choose the tokens I hold on Hive to add to the pool. Hive-Engine provides the services through Tribaldex and Beeswap. I'm not familiar with either services.
I chose Tribaldex to set up my diesel pool. I logged on and took a look at tools available. In the pull-down menu for the pools, I saw several token pairings that were interesting and contained the tokens I now hold.
However, the key is deciding which diesel pool I want to invest in. That's where I'm starting now researching, trying to determine which pool will yield the best rewards and APR.
Once I lock in my diesel, then I'll return to and add the tokens to the pool.
I hope you follow my journey in setting up my first Diesel Pool.
Week 34 Activity
HBD Savings. Returning to WEEK 1, I'm now moving at a steady pace in Week 7. I transferred 2.80 HBD** to my savings. I'm investing at a slower rate through end of 3rd quarter. Therefore, my total HBD Savings to date is: 304.376. My goal is 667.95 HBD.
EDSMM (EDS mini miners). No mini miners purchased this week. Reminder, you can purchase directly from 
CubLife Buy-In Looking forward to receiving my monthly rewards from participating in this venture. I utilized automated services to transfer weekly 5 Hive to 
| PROJECT | Previous Bal. | Activity | New Bal. | GOAL | Comments |
|---|---|---|---|---|---|
| Saturday-Savers Club 8/20/22) | 301.575 HBD | +2.80 HBD | 304.376 HBD | 667.95 HBD | Reset savings at Week 1. Currently on Week 7 |
| Hive Power | 13,062.856 | +24.493 HP | 13,082.349 HP | 15,000 HP | |
Leo  | 689.802 | +205.254 | 895.056 | 1,000 Leo | Participated in LPUD day 8/15. Over 3/4 way to completing my yearly goal. |
CubLife  | 730.901 | +2.848 | 733.749 | 1,000 CL | Steady progress toward my goal. |
| EDS- | 159.92 | +2.43 | 162.35 | Realizing increased income token rewards from new mini miners. For details, see: EDS income token weekly report - 32 | |
| EDSMM- | 135.00 | +0.00 | 135.00 | 1,000 EDSMM | No additional purchases this week. |
You can join the Club and start saving at any time of the year. I, along with other members, meet over on
PLEASE NOTE:
As I have reiterated, I'm not a financial adviser. My post is not meant to be financial advice. My articles on cryptocurrency, investing, and saving are meant to share my personal opinion, experiences, and general information about those items once I discover interesting facts and figures. Please perform your own research before investing in any project that you feel comfortable with. In all cases, only spend and invest in project where you have the available resources.
Why not join in this fun initiative and start saving whatever amount you can. To get started, why not take a look at the 2022 Savings Plans for the Club on
There is also a daily savings chart for 365 days. Check out the weekly Saturday Savers Club post on
Tell me what's your savings plan. I'd like to hear about different ideas. See you next week.
Happy rest of the week everyone with whatever your endeavors.
SOURCES:
a) JustClickindiva's Footer created in Canva utilizing its free background and images used with permission from discord admins.
b) Unless otherwise noted, all photos taken by me with my (i) Samsung Galaxy 10" Tablet, (ii) Samsung Phone, & (iii) FUJI FinePix S3380 - 14 Mega Pixels Digital Camera
c) Purple Butterfly part of purchased set of Spiritual Clip Art for my Personal Use
d) All Community logos, banners, page dividers used with permission of Discord Channel admins.
e) Ladies of Hive banner used with permission of and in accordance with the admin's guidelines.
f) Saturday Savers Club logo created by me 
1 CUBLIFE (CL) - Weekly report #65