Starting a new experiment : Providing liquidity on https://swaphive.github.io/swap/ and trading hive to beat 7,58% apr (curation+blockchain"bonus")

avatar

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 :

fromtoamountprofitdatetype
SWAP.HIVEHIVE200.015HIVE+0.02 VAULT7.02.23bridge liquidity
HIVESWAP.HIVE20.0150.015HIVE+0.02 VAULT15.02.23bridge liquidity
SWAP. HIVEHIVE20.030.015HIVE+0.02 VAULT17.02.23bridge liquidity
HIVEHIVE200.794HIVE24.02.23HBD/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



0
0
0.000
9 comments
avatar

Congratulations @memess! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You got more than 2000 replies.
Your next target is to reach 2250 replies.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out our last posts:

Be ready for the March edition of the Hive Power Up Month!
Hive Power Up Day - March 1st 2023
The Hive Gamification Proposal
Support the HiveBuzz project. Vote for our proposal!
0
0
0.000
avatar

Nice way to make some extra $. :)

!PIZZA

0
0
0.000
avatar

I use hiveswap a lot especially when I'm taking advantage of the HIVE/HBD pumps. Unfortunately, liquidity can be an issue sometimes. 💸 !PIZZA

0
0
0.000
avatar

How do I take advantage of these pumps as well? Would you mind explain it to me?

0
0
0.000