Experiencing BeeSwap
(Edited)
Hi everyone,
BeeSwap was for me a surprise, and nice discovery of a new way to do swaps between HIVE and SWAP.HIVE (the HIVE token on hive-engine).
I understood the service is running for almost a year, but only recently they had an airdrop of a new governance token, the BTX - for details, a whitepaper is available here.
Long story short: BeeSwp allows cheap deposits and withdrawals to and from hive-engine, and distributes half of the generated fees to owners of staked BTX.
And because I don't like to talk about something I never used, before writing this post I made two withdrawals of 99 HIVE each, one with LeoDex, and the other with BeeSwap:
Both worked smooth, with half the fee rate of hive-engine.
So beautiful to have the options!
Posted Using LeoFinance Beta
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Using this instead of other ways is a double win if you hold some BTX. You pay cheaper and you even have a sort of Cashback with the BTX.
Can't wait to receive the first BTX "dividends" !
Do you know when dividends will be paid?
It should be in less than a month !
Both are great. There is a newer exchange set up by the CTP tribe called HivePay Swap and the fee is 0.2% so it is cheaper. It doesn't have as much liquidity though
Posted Using LeoFinance Beta
Nice! I did not knew about the one from the CTP tribe. Definitely will look into it for the future!