How To Grow Your HIVE By 0.075% in Under 30 Seconds While Helping A HIVE DAPP + Growing Diesel Pool Liquidity for @splinterlands

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This opportunity is not going to last forever. If you are a whale, there is little this opportunity is going to grow your overall portfolio. If you are a Minnow or a Dolphin, you get to get 0.075% extra HIVE in less that 30 sends. Get a stopwatch if you doubt because I'm under promising here.

1,051,200% APR in 3 Steps

  1. Go to https://www.swaphive.ga
  2. Select to convert SWAP.HIVE for HIVE
  3. Sign transaction

That should be possible to achieve in 10 seconds. That is all you need to do. I discovered this while trying to bridge my HIVE to HIVE-Engine in order to provide liquidity on SWAP.HIVE:DEC pool and earn extra DEC rewards from @splinterlands is something I have written about many times. Read this article about my first Deisel Pool experience and the follow up thoughts on this article.

You Will Be Earning to Help Everyday Users

@uswap is the cheapest way to convert between HIVE and SWAP.HIVE I know. It is not exactly a bridge. What it does is a cross chain swap between HIVE and the second layer. There are 3 ways you can access the serivce:

The fee is only 0.09% for the users. The problem is that low fees are useless if the service itself is unavailable. That is the current problem faced by the project. If you help to solve this problem, you get 0.075% reward for your HIVE. @theguruasia and @ali-h will be happy to see your service. Other users like me won't have to pay extra to convert HIVE either.

Expanding to More Diesel Pools

Rather than making purchases specifically for providing liquidity, I am taking an approach of simply using my idle assets to earn some passive income. That is why I decided against buying some DEC using my SWAP.HIVE.

Less Fees; But Higher APR

SWAP.HIVE:VOUCHER pool had only $75,580.001 trading volume during the previous week which is less than 1.5 times the daily volume of SWAP.HIVE:DEC

In case you are wondering the reasons behind the above decision, you can take a look at what @splinterlands is paying as a way of incentivizing liquidity:

If I had stuck with DEC, it would have been a 54.43% APR. Assuming VOUCHERs will increase its price against HIVE, I would be able to automatically ladder out of my VOUCHERs and buy more HIVE (which has better long term potential).

Happy Investing!

Posted Using LeoFinance Beta



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19 comments
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Select to convert SWAP.HIVE for HIVE

Not the opposite (HIVE for SWAP.HIVE)?

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It has both sides of swaps ;)

$WINE

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A few minutes ago I swapped 3 HIVE for 2.997 SWAP.HIVE. Currently I have 3.005 SWAP.HIVE (I had a very little before this swap) and 0.002 VAULT.

What is VAULT? Where and when the interest will be earned?

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VAULT is a Hive pegged (1 Hive : 10 VAULT) token.

0.075% of swap fee can be earned by swapping from lowest side of the bridge.
This reward pays by our wallet.

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In order to earn 0.075% in rewards, you need to supply liquidity to the side that is lacking it. These are the current requirements:

You will not earn rewards for swapping HIVE for SWAP.HIVE now because the project don't need any HIVE. What it requires is more SWAP.HIVE
!PIZZA

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That sounds good. I never thought about this swap option.

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Try it & feel the difference ;)

$WINE

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You will have a great experience. If you face a situation like mine, you can try

as alternatives. They are going to cost you a 0.25% fee instead of 0.09%

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Thank you very much for mentioning our service. Yeah, people who provide liquidity by swapping the other side while trends appear can make a decent profit in a few seconds. We highly appreciate your support & effort.

$WINE

Cheers~

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I think it's the cheapest service out there and I like the liquidity option for supplying a side when it's low. At least it makes it easier for this swap to have enough supply for you compared to the other options.

Posted Using LeoFinance Beta

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(Edited)

🍕 PIZZA !

I gifted $PIZZA slices here:
vimukthi tipped theguruasia (x1)
@vimukthi(3/5) tipped @iamjohn (x1)
vimukthi tipped xplosive (x1)

Send $PIZZA tips in Discord via tip.cc!

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