To do this you need to have a free Telos account which you can get with Wombat or https://telos.net/signup or one of many ways (just like hive has many signup methods like paying 1 TLOS like hive lets you pay 3 hive, telos is based on EOS which is quasi based on steem/hive architecture of DPOS! so it will seem familiar especially if you know eos or wax )
First go buy swap.EOS on hive-engine here https://hive-engine.com/trade/SWAP.EOS
Now, like so, withdraw that on hive-engine to main net EOS
(you do not need an EOS account for this step just a telos account as you will be sending that eos to the service at @telosd.io account with a memo of yourtelosaccount@telos with your actual telos account replacing where i said youraccountname make sure you change that memo for YOUR account, mine would be ackzaontelos@telos etc )
Now like i said, send that swap.eos as a withdraw to the eos account telosd.io and in the hive engine eos withdraw memo make SURE You put your telos account name followed by @telos with no space like this
Or you CAN just send to your personal eos account which youc nan make free on wombat wallet and send it from there but this is much easier and faster and quicker and requires no eos wallet
after all its telos we want
now your eos will appear here as a PEG on the TELOS blockchain over at tswaps so go login with your Telos account!
BUT IT MAY TAKE A WHILE! 30 mins to an hour maybe two or more sometimes! and try to send at least 0.5 to 1 eos minimum but i did have smaller amounts show up just may take longer, i think lol but it will be safe! you can always go talk to tswaps on telegram if theres any issues but dont worry if it doesnt show up in your telos account for an hour or so. It will.
Now like so, select eos from the list of tokens on the top and TLOS at the bottom and click swap! thats it!
see mine showed up in like 20 mins as eos on telos
Now you can go to hive-engine.com and deposit main net TLOS from the list, and sell it for a good profit as swap.TLOS
https://hive-engine.com/trade/SWAP.TLOS
and buy up tlos cheap too, and sell that for EOS using tswaps using the same method but find your way to the gateway section of tswaps to withdraw their pegged EOS on Telos to main net EOS again where you can then sell it back on hive-engine for hive for a good profit as well at a better price than people are selling :) see the prices? TLOS is around $0.17 or ~0.4 swap.HIVE haha not 0.3 hive or 15 hive like people are buying and selling it for, lots of room for arbitrage!
AND EOS should be $1.05 or around 2.38 swap.hive for 1 swap.eos not 1.8-2.1 and 2.65 well thats closer
Arbitrage time for TLOS and then a little for eos too because you use that to sell TLOS you buy and bring to hive engine to sell for swap.hive to replace the hive! (and buy more TLOS as it goes up ), your welcome!
and yes tlos just went from $0.15 to $0.17 and has been to $1.40+ before so hold on to your butts! It should be popular on hive engine soon
thanks to @hellotelos @telosfoundation @telosnetwork
https://bloks.io/account/telosd.io