BeeSwap Whitepaper 2.0

(edited)

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

BeeSwap Whitepaper
BXT Pool

2.52857645 BEE
10 comments

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0E-8 BEE

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.

0E-8 BEE

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...

0E-8 BEE

top 50 hive-engine witnesses? 😜

0E-8 BEE

!LUV

0E-8 BEE

Awesome! Ty for the update!

!PIZZA

0E-8 BEE

🍕 PIZZA !

I gifted $PIZZA slices here:
@hurtlocker(1/20) tipped @beeswap (x1)

Send $PIZZA tips in Discord via tip.cc!

0E-8 BEE

Big fan of this project and the utility it brings to the ecosystem here on HIVE. Keep up the awesome work!

0E-8 BEE

Thank you @gerber for your hard work on the BeeSwap application!

0E-8 BEE

Thanks for sharing

0E-8 BEE

!WINE

0E-8 BEE


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You Earned 0.800 WINEX As Curation Reward.
You Utilized 4/4 Successful Calls.

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0E-8 BEE

Thank you for the information @beeswap

0E-8 BEE