Using Hive Engine Pools to distribute your token

Now, this may not be a secret to others, especially token owners on Hive Engine, but I am slow so here it goes.

Since I prefer Tribaldex for obvious reasons, everything is based on the Tribaldex interface, I don't know if the old Hive Engine has any benefit other than the original which shows names of buyers and sellers in the market.

On, Tribaldex you are able to make your own token, and just with that you can start minting and sending them to people, they will also automatically be able to sell it for Swap.Hive , that is all dandy but quite manual if you think about distribution.

If you inspect the Contracts tab you will see the Airdrop and Claimdrop options, if you then try to create those because obviously, you are a big shot token owner you will notice they cost a base amount starting at 50BEE ($50+/-) and 0.1BEE per account or claim you are distributing to.

Now if you are as poor as me, or just a miser then you want a no-brainer method to distribute your token to quite a few accounts. Even better if those can be considered "money holders".

I just made that up, really I don't know the demographic of the pools but it could stand to reason that people who are providing liquidity in the Dieselpools are not just passersby who cash out every cent.

Poking around a bit, as a token owner you might think it is good to own a pool of your own, running at 1000BEE you will be quickly discouraged, but fortunately, there is a helpful note about the DISTRIBUTION contract.

Visiting that page, you see it is quite convenient and allows you to not only distribute to other pools but also to a list of accounts you provide, it will take some thinking and maybe going to look at the Github Readme. Goodluck.

It is a perfect solution but...

0 is a beautiful number, the curves, the obvious innuendo opportunities, and when it comes to price, 0 can't be beaten.

The 1 before the two zeros in the Distribution contract cost knows how to spoil everyone's fun.

All is not lost though because if you scroll down a bit, holding your head in dismay and just perusing without any hope of convenience left.

You will notice that the Distribution page lists the history of currently active distribution contracts and if you click the details button it expands to reveal a very alluring blue button.

Since the Distribution contracts for pools that have rewards already exist, a person is able to deposit any token to add to them. Just like that and the internet saying of "Someone has already done it" still holds true, kinda.

So you can deposit your token say 1000 PENNY tokens to the ONEUP pool and for as long as that contract is rewarding liquidity providers on that pool your token will also be distributed.

_{Screenshot from the better Tribaldex, Beeswap}

That costs you next to nothing, and if you actually have some meat to your token's utility then you can more than likely run promotions featuring the chosen pools like ONEUP, DEC or SIM etc that do provide rewards and have contracts running.

Sure a person may be piggybacking and sure you are probably adding a fuckton of selling pressure, but again that only matters if you don't have buyers. If you don't have buyers then give them a reason to buy and maybe even score some deals as the liquidity providers dump without knowing what they are dumping.

Then keep building, and keep distributing. That is the Hive way. Kinda.