There is a new trading platform on the Hive Blockchain, called Dswap.Trade, which uses the Hive Engine 2 layer smart contract. This allow us to exchange our Hive tokens for other tokens we want in Hive, automatically. Dswap also offers more features than the simple swap, which is good as it attracts more users.
The first feature is SWAP our tokens for others that we want, very simple.
In this example, 25 Swap.Hive would give me 17,623 Colony tokens, but since the max slippage is 5%, I would end up paying up to 5% or 5% less for the Colony tokens I want, the same with the total amount of colony. This is due to price fluctuations in the market between the time our order is placed and when it's executed.
The next feature is the MARKET DCA, which also allows us to trade our tokens for others, but at regular intervals every minute, hour, day, week or moth. For example, I will buy Colony tokens worth 25 swap.hive. I will place 5 orders, each with a processing time of 1 hour. So every hour, 5 swap.hive will be automatically used to purchase colony tokens, until all 5 orders are filled.
The next feature is POOLS DCA, which implements the same mechanics as the MARKET DCA, but with the difference that you will be buying from the liquidity pools instead of the hive engine market. In this example, every 1 hour, colony tokens will be automatically purchased from the Swap.hive/Colony liquidity pool untill all 3 orders are filled.
The final feature is the Market Maker. It allows you to offer automated trades to users, so that when they switch between currencies you can make a profit. 100 BEE is required as payment to use this feature.
Dswap.trade features are truly interesting, as they allow users to not only swap their tokens, but also purchase them using the Martket DCA and Pools DCA. And, it also allows you to use the Market Maker feature, which enables the use of an automated smart contract service to provide trading options to those looking to swap so you can profit when they do. That's all for now guys, take care.
Hive games:
Splinterlands: https://splinterlands.com?ref=aubryd
Terracore: https://terracoregame.com?ref=aubryd
Moonkarts: https://moonkarts.arcadecolony.com