Hiveupme Discounted Bridge Weekly Statistics (03/07/2022 - 09/07/2022)

Hello Hives,
First, we would like to thank every person who decided to share their Hiveupme swap experiences with the Hive community. Here we would like to mention all posts that were created to share their swap experiences as follows:

We appreciate all their efforts to share swap experiences (Cons & Pros) of the discounted bridge service [HiveUpMe].
We would like to use this space to share our gratitude to @jelly13, who shared the idea of the Rock Liquidity Pool Case Study. We followed his initial concept & built a rewarding mechanism to avoid liquidity issues common for all bridge services on top of the Hive chain.
When focusing on last week's swap data of Our discounted bridge service, we could see less progress compared to the previous week's data. The less fluctuation of the HIVE market price might impact the drop of the swap processes compared to the previous week's data. By the way, we got more user attention & we could notice newcomers to the service started adding liquidity to the Hiveupme discounted bridge & receive liquidity rewards as well.
(To create this report, we developed a backend script that could retrieve data from the DB end & additionally, we used Google Sheet features to create graphical interfaces (charts) & uploaded all reports to a Google drive).

Bridge Fees...

The discounted bridge fees are divided into two separate charts as follows:

01. Fee statistics distributed between Hive & Swap.Hive - Spreadsheet Link

02. Total Fee statistics generated in the given period - Spreadsheet Link

Bridge Reward Distribution...

Unlike most discounted bridges, the hiveupme discounted bridge is the only discounted bridge that incentivized swappers by sharing a 0.075% swapped reward + 0% fee while the bridge is unbalanced with Hive or Swap.Hive.
Here you can see how rewards were distributed in the last week - Spreadsheet Link

Bridge Swaps Statistics...

01. All swap details during the last week (We didn't add all swap details into the below screenshot) - Spreadsheet Link

02. Total swaps & fee details of the last week - Spreadsheet Link

03. Bridge total swaps per user - Spreadsheet Link

Swap Comparison with Other Bridges...

Here you can get a brief idea of the total largest swap of the week compared with other discounted bridges' fee details - Spreadsheet Link

We found some interesting details of the total largest swapped users' (@toni.point) of the bridge compared to other discounted bridge swaps.

@toni.point's total swap :- 61,346 Hive

Bridge Name	Fee Percentage	Expected Fee	Hiveupme Actual Fee	Hiveupme Saved
Hiveupme	0.1% (Max)	61.346 Hive	52.230 Hive (0.085% Charged Actually)	9.116 Hive
Hive-Engine	0.75%	460.095 Hive	52.230 Hive	407.865 Hive
Beeswap	0.25%	153.365 Hive	52.230 Hive	101.135 Hive
Leodex	0.25%	153.365 Hive	52.230 Hive	101.135 Hive
Dcropswap	0.25%	153.365 Hive	52.230 Hive	101.135 Hive
Hivepay	0.2%	122.692 Hive	52.230 Hive	70.462 Hive

Why HIVEUPME Discounted Bridge?

Hive Keychain integrated.
Near instant swapping process.
We introduced the lowest fee discounted bridge. - Fee (0.1%)
We introduced a No Fee + 0.075% Reward sharing mechanism for swaps which balances the bridge liquidity.
Automated refunding process.
More revenue-sharing methodologies will implement under the HIVEUPME discounted bridge.

HIVEUPME Discounted Bridge Is Safe To Use?

Yes, our service is safe to use. We are using separate frontend & backend scripts. Moreover, the project integrates with the Hive Keychain.
After all, everything can be seen at the Hive & Hive-Engine blockchains (a ledger of the account). Therefore, no one can cheat the system & refund process is also automated. (We do manual refunds if automated refund process fails).

How swaphive.github.io/swap Works?

Step 01 :- Check @HIVEUPME Liquidity Details

Step 02 :- Check Liquidity Requirements

Step 03 :- Check Your Liquidity Balances

Step 04 :- Swap Your Liquidity

Important :- Minimum Swap Amount is 1 HIVE / 1 SWAP.HIVE / 1 VAULT & "Swap" button only available if your account has equal or more liquidity to swap.

To use a rich user interface (UI) for your next swap :- Click Here [upmeswap.github.io]

If any error, please contact us @CORE-VAULT Discord Channel or send a discord message to theguruasia#8947.

^{"Delegate @hiveupme Curation Project To Earn 90% Delegation Rewards, 10% APR Worth UPME Tokens, Mentor Votes & WINEX Token Rewards"}
^{Contact Us : CORE / VAULT Token Discord Channel}

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koussbar 2 years ago

I find your system very interesting and useful. Through my post I disseminated it to the French-speaking community who will use it more and more.

Je trouve votre système très intéressant et utile. A travers mon post je l'ai diffusé à la communauté francophone qui l'utilisera de plus en plus.

0.00 VYB

1 vote

theguruasia 2 years ago

Thank you very much for your inspiration & support!

Cheers~

ifarmgirl 2 years ago

Whoa, it's great to see these stats about the bridge. It's doing awesomely! I love the fact that the transaction fees are cheaper and one can also bridge at zero cost and earn rewards even when providing liquidity to the lesser balance of the bridge.

Thanks & looks for more ways to share additional rewards! Thank you for sharing your experiences with the community!

Thank you too and always a pleasure :) Cheers

hivebuzz 2 years ago

Congratulations @hiveupme! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

You got more than 600 replies.
Your next target is to reach 700 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}