We’re excited to announce the launch of a new discounted bridge for HBD <=> SWAP.HBD swaps: USWAP.APP
Check it out and enjoy seamless swapping with discounted rates.
Why HBD <=> SWAP.HBD Swap Bridge?
If you’re into arbitrage trading, this is fantastic news! The existing swap process for investing HBD or withdrawing SWAP.HBD from Hive-Engine can be costly and time-consuming, often taking around 15 minutes.In arbitrage trading, time = money. That’s why we’re introducing a near-instant swap service, designed to bridge this gap with:
- Attractive rewards
- Lower fees compared to Hive-Engine
HBD.USWAP.APP Fees & Rewards?
- Max Reward: 0.4%
- Max Fee: 0.6%
- Average Fee: 0.3%
Enjoy competitive rates for near-instant HBD <=> SWAP.HBD swaps. 🚀
Check it out here: HBD.USWAP.APP
How To Calculate Fees & Rewards?
If you’re using a script for arbitrage trading, here’s how you can adjust it to calculate the Fee and Reward based on your swap amount:
// You can retrieve the below json data from :- https://fee.uswap.app/hbd.json
{
"BASE_FEE": 0.003,
"MIN_BASE_FEE": 0.001,
"DIFF_COEFFICIENT": 0.005,
"BASE_PRICE_HBD_TO_SHBD": 1.00
}
let inputVal = 0.0 //enter the value (HBD or SHBD)
let expResult = 0.0 //the receive swap amount
let HBDPOOL = 0.0 //HBD amount in the pool
let SHBDPOOL = 0.0 //SHBD amount in the pool
let DECIMAL = 1000;
if(insymbol == "HBD") {
let diff = ((inputVal * 0.5 + HBDPOOL) / (SHBDPOOL + HBDPOOL)) - 0.5;
let adjusted_base_fee = Math.max( BASE_FEE * (1 - 2 * Math.abs(diff)), MIN_BASE_FEE );
let price = BASE_PRICE_HBD_TO_SHBD - (2 * diff * DIFF_COEFFICIENT);
expResult = (inputVal * price) * (1 - adjusted_base_fee);
expResult = Math.floor(expResult * DECIMAL) / DECIMAL;
}
if(insymbol == "SWAP.HBD") {
let diff = ((inputVal * 0.5 + SHBDPOOL) / (SHBDPOOL + HBDPOOL)) - 0.5;
let adjusted_base_fee = Math.max( BASE_FEE * (1 - 2 * Math.abs(diff)), MIN_BASE_FEE );
let price = 1 / BASE_PRICE_HBD_TO_SHBD - (2 * diff * DIFF_COEFFICIENT);
expResult = (inputVal * price) * (1 - adjusted_base_fee);
expResult = Math.floor(expResult * DECIMAL) / DECIMAL;
}
If any error, please contact us @CORE-VAULT Discord Channel or send a discord message to theguruasia#8947.
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Discounted Bridge : The Lowest Fee (0.09%) Hive | Swap.Hive Bridge
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