Hello, did you all already need to bridge HIVE to SWAP.HIVE ? In that case you already searched for the best bridge. So what is the best hive bridge ?
The Deposit button from tribaldex ?
No (0.25% fee)
https://swap.oneup-cartel.com/ ?
Almost, 0,25% fee but 0% fee for large cartel holder
https://swaphive.github.io/swap/?
Yes, you can get a negative fee (you receive money) for doing a swap to the less balanced part of the bridge (get 0.075%) and the other time you still have a only 0.1% for everyone no need to hold any token.
My experiment would be to beat the apr that blockchain give to HP + my curation apr ~=7,58% when i calculated it the 7.02.2023.
Only with liquidity arbitrage on https://swaphive.github.io/swap/ and trading HIVE/HBD.
So the question is can i get more than the 7,58% apr with liquidity arbitrage and HIVE/HBD trading (not being a good trade) from the 7.02.23 to the 7.02.24.
And at the moment i write this we are the 28.02.23 but the experiment already started and i did this :
| from | to | amount | profit | date | type |
|---|---|---|---|---|---|
| SWAP.HIVE | HIVE | 20 | 0.015HIVE+0.02 VAULT | 7.02.23 | bridge liquidity |
| HIVE | SWAP.HIVE | 20.015 | 0.015HIVE+0.02 VAULT | 15.02.23 | bridge liquidity |
| SWAP. HIVE | HIVE | 20.03 | 0.015HIVE+0.02 VAULT | 17.02.23 | bridge liquidity |
| HIVE | HIVE | 20 | 0.794HIVE | 24.02.23 | HBD/HIVE trade |
As you can see i did there bridge liquidity swap but most massive reward was from a trade i made from the mini pump hive got ( sold at 0.53 and bought back at 0.51) making about 4% profit in one trade.
Now i'm really close to my 7.58% apr target if i just do bridge liquidity swap i should reach the target and if i can be part of one or two other pump of hive maybe even more.
To resume for the moment we could see the experiment like this :
Image source
The growing will start to be exponential soon (only with bridge liquidity)
To conclude :
I will try to make this experiment a success and maybe post a monthly report / track of the advancement if it interest anyone, Thanks for reading see you soon