Hey everyone! In the last 2 tutorials, I showed you how to swap Hive L2 assets on LeoDex (SPS & DEC).
In this tutorial, I'll walk through buying native HIVE using any L1 asset to swap on https://leodex.io.
When you do your first swap, you'll see the magic of how this all works. The Hive Aggregation Technology (HAT) that we built in conjunction with Maya Protocol's L1 rails is truly incredible.
Right now, HIVE trades about $30M - $80M on centralized exchanges.
After everything we've been through with CEXes, it's about time we move that volume back on-chain and back into the hands of the decentralized community - don't you think?
No more custodying of assets. No more counterparty risk.
Just L1 swaps. Native HIVE moving into/out of your wallet directly on the blockchain. Let's dive in.
Step 1). Connect Your Wallet
For HIVE Swaps, you'll need to connect with Hive Keychain. You can do this by clicking the "Hive" Network logo and then entering your Hive username.
Then choose your Web3 wallet - as of this writing, LeoDex supports XDeFi or Keystore.
Step 2). Input Any L1 Asset and Choose HIVE as the Output
This swap is an inbound HIVE swap, so you'll want to put HIVE in the output and whatever you're swapping in the input.
Step 3). Click Swap
After clicking swap, the Hive Aggregation Technology (HAT) window will appear. This window walks you through every step of the swap. All you'll need to do is be ready to click "Confirm" in either XDeFi (if you're using XDeFi) and/or Hive Keychain.
Confirming the spending of TXs is all you'll need to do from this step forward. After a few confirmations, the HIVE will land directly in your connected wallet on the Hive blockchain.
Step 4). Done
That's literally it. It's that easy!
After a few confirmations and about 5 minutes, the HIVE is now in your wallet.