Direct from the desk of Dane Williams.
The new BeeSwap V3 is now officially live!
It might not be the cheapest way to deposit Hive into Hive-Engine, but with the most user-friendly interface and deepest bridge liquidity, there’s no doubt BeeSwap is the best.
Just take a look at this thing of beauty:
Nice, huh?
In today’s blog post, I share why BeeSwap is the best Hive-Engine interface, talk about its BXT token integration and make a comparison to our own LEO Dex.
BeeSwap is a browser wallet and DeFi application designed to make deposits/withdrawals to Hive Engine faster and cheaper.
Featuring an interface that simplifies access to Hive Engine contracts such as pools, markets and NFTs, BeeSwap is the perfect alternative front-end to hive-engine.com.
Essentially, they’re a bridge service between the native blockchain token HIVE and its SWAP.HIVE equivalent on Hive-Engine.
While providing this service, BeeSwap even shares all fees generated with liquidity providers and those who have staked BXT.
One of the coolest features of BeeSwap, is that it has its own token called BXT.
Staked BXT tokens earn 50% of all fees generated by BeeSwap, currently estimated at a nice 50k HIVE yearly.
To encourage continued arbing and fee generation for BXT holders, BeeSwap offers free conversions on the side where liquidity sits below 10,000 HIVE/SWAP.HIVE.
Additionally, when doing conversions on the side with liquidity below 5,000, users receive ~0.11% return from their conversion paid in BXT (up to a maximum of 3 BXT).
As mentioned above, BXT is also distributed as rewards to liquidity providers on certain pools.
Thus making it an attractive option for those looking to earn rewards, all while supporting some of the key pathways to move external funds in and out of the Hive ecosystem.
Currently you can earn 15% for staking your BXT.
Or alternatively check out the current BXT APRs in the screenshot below:
What about a direct comparison between BeeSwap and our own LEO Dex?
LeoFinance obviously has other priorities with all the work being done on their new microblogging interface, so in some ways I can forgive.
But if we’re being honest the Leo DEX sucks from both aesthetic and functionality points of view.
Aesthetically, it looks gross and never loads properly without me clicking between tabs to refresh.
Functionally, the fees are higher than the competition and as there’s never enough liquidity to make using it worthwhile anyway… there’s just no point.
I’m a LEO maximalist, sure.
However, I also like money and value my time.
So until the team devotes time and resources to this part of their ecosystem, I’d recommend choosing BeeSwap every time.
Yep, the verdict is in.
Whether you're an experienced Hive user or just getting started with DeFi on Hive, BeeSwap V3 is definitely worth checking out.
With its intuitive interface, reliable performance and lucrative rewards system, it's no wonder BeeSwap is rated the best Hive-Engine interface.
So what are you waiting for?
Click the link above and come see what all the buzz is about!
Best of probabilities to you.
Posted Using LeoFinance Beta
Agree with you, Beeswap UI is nice and simple. It looks the best of its feature. I hope there won't be a problem later as I never got it before until now.
!ALIVE
@forexbrokr! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @cursephantom. (1/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.
I'd definitely recommend using BeeSwap if you've never used it before.
Enjoy 🙂.
Posted Using LeoFinance Beta
I definitely prefer using beeswap, It has a neat UI and things are easy to understand and implement. The Hive engine wallet page has everything nicely listed.
BeeSwap is just easy.
Great way of putting it.
Posted Using LeoFinance Beta
I tend to just use Beeswap for swapping tokens using the diesel pools but when I want to limit order or set orders manually, I prefer the normal Hive-Engine webpage. It just seems to work better than LeoFinance.
Posted Using LeoFinance Beta
Yeah, honestly I have a lot of problems with the Leo DEX.
I'm always having to flick between tabs just to get charts to load.
Posted Using LeoFinance Beta
I also like to use Beeswap. It is straightforward and user-friendly.
Haha 2 descriptions that don't normally apply to Hive based dApps 😉.
Posted Using LeoFinance Beta
I agree this is the best user interface for the diesel pools. The thing I like is the orange/green box that comes up when you are waiting for confirmation
Haha yep, there's been plenty of times where I've sat looking at them wondering umm, did I click it...? do I click it again?
Posted Using LeoFinance Beta
Yeah new BeeSwap is !PIMP. I love all the info on the liquidity pools including the new rich list feature. BeeSwap for the win!
You must be killin' it out here!
@summertooth just slapped you with 10.000 PIMP, @forexbrokr.
You earned 10.000 PIMP for the strong hand.
They're getting a workout and slapped 3/3 possible people today.
Read about some PIMP Shit or Look for the PIMP District
Ohh, I hadn't looked at the BXT rich list before now.
So it includes people's pool position as well as just staked+liquid?
Nice!
Would love this for LEO and other tokens.
Posted Using LeoFinance Beta
Indeed it does, but you likely know that by now. Gerber and scriptioner built a great site that packs a punch. Lots of function in a clean form.
Very nice post, Dane.
I have used BeeSwap on numerous occasions and I have always found it very user-friendly.
The BTX token is one that is worth HODL and staking.
!CTP
!ALIVE
Posted Using LeoFinance Beta
Thanks mate, much appreciated.
Let's hope it helps a few Hive newbiews searching via Google in the future :)
Posted Using LeoFinance Beta
I also love the fact that you can see the avaliable liquidity in Hive and Swap.Hive. This will inform your decision on converting or not, unlike Leodex which refunds you automatically if there's not enough liquidity for the conversion.
The rewards are also cool 😎
Posted Using LeoFinance Beta
I actually didn't realise that was how the Leo DEX works when it doesn't have liquidity.
From a user experience point of view, that's really bad...
Posted Using LeoFinance Beta
Hello @forexbrokr great article on BeeSwap. It looks real clean and simple to use. Thanks for the info. Barb 😊
!BBH !CTP
Posted Using LeoFinance Beta
Hey Bard,
If you like clean and simple interfaces, then BeeSwap is clearly the best.
Thanks for stopping by :)
Posted Using LeoFinance Beta
You're welcome @forexbrokr yes and I will keep that in mind. !BBH !CTP
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