Hello Hivians! We are happy to say that another month of SWAP.HIVE rewards have been paid out to Hivecommerce $COM stakeholders that hold 500 or more $COM tokens! And no, this isn't an April Fool's joke, haha. This month's rewards pool was 34 SWAP.HIVE split and paid out in a stake weighted airdrop.
How the rewards pool is made up is we sell all of our monthly Hive-Engine token rewards into SWAP.HIVE as well as purchase SWAP.HIVE with some of our HBD rewards to make up the rest. We like to pay a minimum of 30 SWAP.HIVE per month, basically a Hive a day kind of thing, but if we do better that month, then there will be more added to the pool!
New Source Of HBD Revenue
A new source of revenue for Hivelist is the new Hive Market Maker trading bot created by @thelogicaldude that trades on the Hive/HBD internal exchange, not Hive-Engine. We were testing the bot on the main Hivelist account, but yesterday, we stopped the bot and rebalanced with some of our HBD rewards for the month after making sure we had enough to pay for our InLeo premium fee.
What we did was create the new @hivelist-trading account and powered it with 100 HP in delegation to make sure it has enough resource credits to run the trading bot. Then we supplied with with 60 HBD and put it to work. In the first 2 hours, It had already made 1 HBD in profits. Not too bad. We will continue to add more to it every month to build up the account.
$COM stakeholders now get a piece of that profit pie through getting some extra SWAP.HIVE thrown into the monthly rewards pool from those profits!
This trading bot will be put up for sale as a downloadable application for Windows and Mac very soon!
More Work Being Done On The Hivelist Store
We are preparing to open the Hivelist Store back up to Hivians that want to sell products on our marketplace where we accept ONLY crypto payments! We are rebuilding our multivendor functionality to be more Hive focused. Our store is built using WooCommerce on Wordpress so we have been hard at work building some great plugins that we are not only going to make public, but are also using on the store to add some great functionality!
Now that the Hive Market Maker bot is pretty much finished and getting ready for launch, TheLogcialDude will have more development time to put to these awesome features! But some automated revenue was needed first, haha.
We have a ton in store for the next year as far as trying to develop and grow this awesome blockchain based e-commerce platform!
Keep calm and Hive on!
An E-Commerce Solution For A Cryptocurrency Based Economy
Web 3 Classifieds Network | NFT Marketplace | DEFI Pool | Crypto Payment Only Retail Store
Powered by the Hive Blockchain and Hive-Engine