Hey All,
I've been using the hive-engine platform for quite some time to convert my HIVE into Swap.HIVE and vice versa. However, this conversion comes with an additional cost, as users are required to pay a fee in terms of $HIVE for the swap to be executed. It's never too late to discover alternative services that offer the same functionality without any charges or fees whatsoever. What's even more appealing is that these services also provide rewards in the form of #HIVE when you utilize them. Yes, you heard it right, that's indeed the case. Here is one such example, as seen from the above image swapping 250 HIVE using the USWAP App will get you more than 251+ SWAP.HIVE better isn't it? Ever since I came to know about this SWAP HIVE liquidity bridge, I have been leveraging the same whenever I want SWAP.HIVE.
On the App you also get to see how much of HIVE and SWAP.HIVE is available for swap. Users who provide liquidity has the opportunity to earn rewards. You can provide Liquidity on the lower ( HIVE ) side of the bridge to earn 0.65% (Max) instant rewards!
When bridge liquidity is not balanced, the bridge shares a 0.075% fee worth Hive/Swap.Hive & no fee until the liquidity balance reaches 15% of the total bridge balance. Moreover, the liquidity provider will receive a 0.01% swap balance worth reward in the form of VAULT.
I must say that it was such a great experience with Near-instant swap process. Some of the other features of the discounted bridge is as follows, which I need to explore myself as well...
My recent swap of HIVE using Uswap App as above, where I swapped 1K #HIVE and the best part is that I got close to 6+ more SWAP.HIVE and if I were to use hive-engine for the same swap then I would have landed paying more fees on the swap and would have received less SWAP.HIVE. Lets see how much less SWAP.HIVE::
Clearly 8 HIVE less then why should I use Hive-engine when I have an option like Uswap App which is doing the job for me charging no fees and giving me an extra HIVE for leveraging their Swap service. Hence this App USwap has become my default option whenever I want to Swap my HIVE for Swap.HIVE.... Get more SWAP.HIVE Using USWAP App... cheers
Did you know about Uswap discounted bridge? Have you leveraged the uswap services to swap your #hive? How has your experience been while using the uswap.app? Let me know your views in the comment box below?...cheers
#swap #bridge #discountedbridge #fee #rewards #swaphive #uswap #hive #hiveengine
Best Regards
Image Credits:: uswap.app, hive-engine
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in Blockchain & Cryptos and have been investing in many emerging projects..cheers
