I have been eyeing to do some shopping for one of the tokens of Splinterlands. This time I wanted to get some SPS. I wanted to go with the usual plan of converting my HBD to HIVE and just buy it from the market (aka HIVE-Engine). But upon thinking of a little different I wanted to go with a different approach. Why not use few other ways of obtaining my SPS, while using some of the other traditional features of HIVE Blockchain.
Since I am swapping HBD, it would have a nice move to swap them when the price of HIVE was below 20 cents. I guess, I should not have procrastinated. Or else I would have got some extra HIVE for this transaction. Even though, the amount is small but I suppose each and every HIVE matters. That being said, I was able to convert 13 HBD to HIVE and I was able to get 56 HIVE for the time being. Upon gathering my remaining HIVE, I converted a total of 60.985 hive to Swap. HIVE. Here I was able to get some additional Swap.Hive due to the bonus fact and I received 61.119 Swap.hive, all thanks to Uswap.
Time to SWAP. This is where I thought of using MARKET DCA of Dswap.trade. I executed the order of 30 Swap.hive at an interval of each hour and it will execute 5 orders for me. In basic terms, there will be five orders which will execute at an hour interval for my SPS buy order. Whle writing this post I have no idea how many SPS will I get once all the 5 transactions are done in the market. I hope I will get some decent amount as the price has not been moving that much for SPS but since the price of HIVE is going through a volatility I might end up having some more SPS during the last 1 or two orders.
This time I tried them both and I want to see which process would end up giving me some additional SPS or I might end up loosing some SPS while undergoing the Dswap process, during this whole time. So instead of making a mess let me wait and see what will actually happen once the trades goes through and I will probably end up sharing the outcome in some other post.
The scenario at the moment is this, I used the instant swap option via Tribaldex and got myself 914 SPS for swapping 30 Swap.Hive. While I am waiting to see how many SPS will I get for my other 30 Swap.hive via Dswap.trade. Will keep you posted!
Image Source : Hivedex.io, Uswap, Tribaldex, Dswap.trade