Only downside is the transaction fees to bring Hive to Swap.Hive and back. 2% in total! So the service is not without costs.
You can use https://leodex.io/ or https://beeswap.dcity.io/ to cut the fee to 0.25%/0.25%. Or use @swap.app to buy LHP for a total of 0.5% fee.
Plus the risk of the LHP token going down for whatever reason. E.g. you could exit scam us. The LHP are not decentralized. Not that I believe you would do it.
Yep, sadly we don't have a way to provide this service using smart contracts on Hive.
How I can use swap.app to buy LHP? It shows me only BTC, ETH, Steem, LEO and HBD to buy with Hive.
The second paragraph :)
Maybe it would be good idea to add "Hive Engine Token" as an option? Thanks for the idea!
Hive has multi-sig transactions? Make it so that funds can't move without a majority of validators approving a transaction. Incentivize running a validator node.
I'm not that pro, but maybe this is something that HWIVE will be using :)
At least it's the idea that it should. At present it doesn't as far as I know.
Check this out:
https://steemit.com/utopian-io/@stoodkev/how-to-set-up-and-use-multisignature-accounts-on-steem-blockchain