BeeSwap
BeeSwap is an application that allows cheap (0.25% fee) deposits/withdrawals to Hive Engine, without changing the size of the entire SWAP.HIVE:HIVE liquidity. This is a bridge service between the native blockchain token HIVE and its equivalent on the Hive-Engine side chain, SWAP.HIVE. We provide this service, and share the rewards with our liquidity providers and BXT token stakers.
BeeSwap token (BXT)
Staked BeeSwap Token (BXT) earn 50% of all the fees generated by BeeSwap, currently estimated at 50k HIVE yearly. It takes 3 days to fully unstake all BXT tokens.
Free conversions
Free conversions on side with liquidity below 10000 HIVE/SWAP.HIVE.
Additional BXT distribution
Additionally when doing conversions on side with liquidity below 5000, users receive ~0.11% return from conversion in BXT (max. 3 BXT).
BeePass NFT
Supply: 200
Drop: 100 -> REDACTED
Mint: 80 -> REDACTED
Marketing: 20
Mint price: 20 BXT
Date: Unknown
3 properties:
EVERY conversion min. return in BXT
0.01%/0.02%/0.03%/0.04%Minimal refill reward (increased)
0.12%/0.13%/0.14%/0.15%/0.16%Max possible fee (decrease)
0.24%/0.23%/0.22%/0.21%/0.20%/0.19%/0.18%/0.17%/0.16%
NFTs trading fees will be collected and distributed together with fees from conversions.
Future
- Token market
- NFTs market
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Cool updates and great to see NFT use cases added on the BeeSwap tokenomy. I wonder how these will be minted, if using hive-engine or different if there is any other technical possibility.
Engine NFTs(token and nft market on beeswap in december), probably minted by top50 hive witnesses with limit 1 daily. More towards redistribution than wild west rush...
top 50 hive-engine witnesses? 😜
!LUV
Awesome! Ty for the update!
!PIZZA
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Big fan of this project and the utility it brings to the ecosystem here on HIVE. Keep up the awesome work!
Thank you @gerber for your hard work on the BeeSwap application!
Thanks for sharing
!WINE
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Thank you for the information @beeswap