Hive over the course of this year has improved on so many levels. Today's post I focus on the User Interface that @gerber created called BeeSwap.
Beeswap is recent and has a really unique interface and very easy to use. For those who are aware that Hive now has DEX exchange with swaps and liquidity pool on Tribaldex then they will likely know about Beeswap. Here are some of the reasons why Beeswap is popular among its users.
Convert Swap.Hive to Hive
Users on Hive-Engine.com can withdraw crypto with ease but there is a 1% withdrawal fee. Beeswap has the same feature but for Swap.Hive to Hive and at a 0.25% withdrawal fee. With the low cost fees in this pair exchange one has to assume Beeswap is earning a lot on a daily basis. With everything decentralized @gerber provided a native token to the platform that splits its daily fee earnings to stake holders of BXT.
I currently have a little over 9 BXT staked and earn approximately 0.13 Hive daily. This is a portion of the earned fees Beeswap has distributed among its BXT stake holders.
Swaps...Swaps...Swaps
Another feature Beeswap has its a friendly and easy to use swap between two tokens. The swaps are connected to liquidity pools that is also easily accessible for users to provide liquidity and remove liquidity later. Like many other DEX exchanges Hive now has liquidity pools for users who have added liquidity not used in their wallets. They can provide their liquidity on to the liquidity pools with no fees and earn rewards.
Liquidity Pools and Rewards
When participating in liquidity pools there are some that earn no rewards while others earn a lot. Beeswap interface allows users to see which pool offers rewards and once they partake in the pool what portion of the rewards they earn daily. As of now I have around $350 in Hive secondary tokens across three pools and earn around $3 daily in tokens. The value moves up and down but so goes cryptocurrency.
Hive-Engine Wallet UI
Although Beeswap is really simply a front end platform its interface on Hive-Engine is pretty cool.
Similar to Hive-engine Beeswap's interface lists all the tokens a Hive user has that are secondary tokens. In addition it has nice features of withdraw and deposit Splinterland tokens directly from Beeswap. Tokens like vouchers and SPS can also be withdraw with ease through Beeswap. This help avoiding to click through in game to get to the withdraw.
Conclusions
Low fees for withdraw of swap.hive to Hive. Ease of use in swapping tokens, investing in liquidity pools, and Hive-engine wallet interface. It even has a feature to turn light or night use. Current snapshots in the post is the night use. Beeswap should be looked into if you haven't tried it yet.
None of what I write is financial advice. It is for entertainment purposes only. Thanks for reading!
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