Hiveupme Discounted Bridge Weekly Statistics (04/06/2022 - 10/06/2022)

in #discounted-bridge3 years ago
Hello Hives,
With the less fluctuation of the HIVE, the hiveupme discounted bridge comparatively got fewer swaps than the previous week. But we found some data the Engine's swap process still got more than 65% of the swap market share, so we will try different strategies to reach these users & introduce the lowest fee discounted bridge.
(To create this report, we developed a backend script that could retrieve data from the DB end & additionally, we used Microsoft Excel features to create graphical interfaces (charts) & uploaded all reports to a Google drive).
[We experienced some difficulties while using Microsoft Excel charts that convert Date to Integer. But not yet found a solution for that issue].

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 :- 46,185.000 Hive
Bridge NameFee PercentageExpected FeeHiveupme Actual FeeHiveupme Saved
Hiveupme0.1% (Max)46.185 Hive34.848 Hive (0.075% Charged Actually)11.337 Hive
Hive-Engine0.75%346.388 Hive34.848 Hive311.540 Hive
Beeswap0.25%115.463 Hive34.848 Hive80.615 Hive
Leodex0.25%115.463 Hive34.848 Hive80.615 Hive
Dcropswap0.25%115.463 Hive34.848 Hive80.615 Hive
Hivepay0.2%92.370 Hive34.848 Hive57.522 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.
upme.link


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