So, fun update. Hive-Engine is having a great week. There's 27 Hive-Engine witnesses running our nodes right now! We're zeroing in on 15k blocks that have been created with the P2P system on the Hive-Engine chain.
I'd like to thank the Hive-Engine community. We've sold over $10k worth of WORKERBEE since the P2P launched. It's funding more development. Like this...
Hive-Engine is working on uniswap style pools. Our first draft of this on the backend should be ready for review this week. Then we'll move all the front end devs to focus on that to get it up and running as quickly as possible. We're calling the Hive-Engine pools "Diesel Pools." You know.. like how Engines use diesel... as a fuel... anyway...
Plan is to charge 1000 BEE as a 1 time fee to create a Diesel Pool. Adding, removing, and trading will be free. Incentive will have to come from the tokens to contribute to a reward pool for liquidity providers. I'm hoping to provide more details about that soon.
So, if you see some cheap BEE out there you might consider stocking up now so that you can get your pool created at a nice discount.
Ever wished you could deposit Eth onto Hive-Engine? Well, starting this month that's the plan. We'll make it so you can deposit, withdraw and trade SWAP.ETH.
Once the base token of ETH is added we'll work on bridges for ERC20s, ERC 721s, and ERC 1155s onto Hive-Engine. We'll also work on ways to send Hive Engine Tokens onto the ethereum blockchain as wrapped tokens.
We launched the beechatter mobile app. I'm working on getting our apple store stuff in line so we can have that as an IOS app. The we're working on getting Hive-Engine.com reworked as a mobile application as well. So, you'll get chat and trades right from your phone.
We're building a smart contract for each token to have it's own DAO. Soon you'll be able to add inflation to a DAO contract and have stake holders determine how and where to spend it.
That's our goal. In order to get there we need a lot of easily configurable, no-code, smart contracts. That takes development funds, but at the end of the day should finally attract businesses to the Hive blockchain. If you'd like to see these developments happen please purchase farmfarmer.farm tokens, mythical.farm tokens, WORKERBEE, and BEE. Alternatively you can spend nothing, but vote for our proposal. There's still 3 weeks left on that one.
There's only 1 of the top 20 witnesses running a Hive-Engine node. Thanks Aus! Glad to have you contributing to decentralization of Hive-Engine. I invite the other 19 to participate as well.
