When it comes to HBD liquidity on hive it's not particularly amazing.
Large investors have just struggle with slowly buying in HBD to not swing the price immensely and it can take a good while to shift a large amount of HBD.
A few months back I wanted to swap $2000 in HBD to hive and found that the slippage was at a rate I wasn't happy with so spend a good while slowly chipping away selling smaller amounts.
At the time I had no idea there was a liquidity pool on Hive-Engine.
Speaking of liquidity pools
The swap.hive:swap.hbd liquidity pool is actually a very nice thing to have. Once again the liquidity available isn't amazing, around $100000 total but it's more than the internal market at the moment.
However you still can't swap $2000 in one go without almost 5% in slippage.
So we still got problems
So the purpose of this post is the raise awareness of this liquidity pool.
I've been working on adding liquidity to this pool, currently I have around $234 in liquidity.
There are no additional LP Rewards for this pool BUT in the short time I've been providing liquidity I've earned quite a large amount of rewards from the swap fees as the Swap.Hive:Swap.HBD pool gets quite a bit of trade volume.
Having a $HBD liquidity pool were swapping $HIVE to $HBD and vise versa is easy in just a few clicks is something we could really need and should absolutely try and improve here on hive.
All we need is more liquidity and with diesel pools its really simple to provide liquidity for $HBD.
It's also worth noting that there is a Hive-engine market for Swap.HBD:Swap.HIVE on hive-engine much like the internal market on hive so we have 3 places where you can trade hive and HBD native to the hive ecosystem.
Another issue arises though!
Getting HBD into hive-engine!
Currently the only way I know is via the hive-engine.com website which is fine if it wasn't for the more than 10-20 minute wait for the Swap.HBD to be credited to my account.
I would love for BeeSwap to provide Swap.HBD conversions from hive to Hive-engine but can appreciate that it's probably not a viable thing to do given the lack of interest and usage at this time.
There is not a lot of usage of HBD on Hive-engine as it is now and that is a damn shame and want that to change.
It's very quick and easy to shift native HIVE/HBD to hive-engine (most of the time anyways) with many options for hive and just the one option for HBD (hopefully this changes soon).
I hope to see THIS YEAR the day we can finally make $2000 bulk swaps of hive/HBD without insane slippage. As it is now even $100 swap on hive-engine is 0.2-0.5% slippage is which depressing to say the least.
So I implore you to consider providing liquidity to this pool, I also implore Hive-Engine communities to also make use of swap.HBD, It'll be a net benefit for all involved as we add more usage to HBD in general and get money flowing!