Hive-Engine Smart Contract Pay % on SWAP coins..

in #hive-1679223 years ago

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Hive-Engine can we get some interest on some of the SWAP tokens? That would be something I tell you what.

Many platforms outside of Hive-Engine pay out some sort of % much like how we have that sweet 20% for HBD, and what ever you get back in curation. Having say SWAP.BTC could earn you 9% Interest. Can you imagine that.

Blockfi
Gemini
FTX

Many others offer some sort of interest just for holding it there, that also means massive liquidity is needed of course.

Massive Liquidity

We will of course need massive injections of real outside money to be able to provide any sort of interest.

Coins that should get interest based on outside research..

SWAP.BTC
SWAP.EOS
SWAP.DOGE
SWAP.BTS
SWAP.LTC
SWAP.ETH
SWAP.WAX
SWAP.MATIC
SWAP.BNB

Think about it some how some way Hive-Engine could gather the massive amount of liquidity needed to some how create a sort of Smart contract and pay % on coins on the platform. Hive-Engine team will get a cut of that but can you imagine how much juice we could have on our chain?

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Is that possible? Can the HE team think of a workable Logic to code this?

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It's actually not that hard to implement, but I'm not sure if there's any need to do this before enough liquidity has been gathered for HBD.

I don't know much about this, I'm just stating my opinion.

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It is definitely a nice idea but not sure if it necessary

That will be awesome to hold and earn. Some of the swap coins give you APR. It is possible if you meet it in the middle. But the interest is half of what you actually get !


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Swap and 20٪ interest with curation are now on Hive, I think curation still very useful

I am wondering what would happen assuming one of these companies just rug pull but I do think that the funds are probably working somewhere. Who knows if it's in some Defi pool somewhere and they are generating some yield.

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Gotta wonder if they aren't already collecting interest on those coins. They do say it can take several days to withdrawal large amounts.

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I was looking at picking up some swap.doge the other day on the news that Elon bought Twitter. You never know what might happen there. I didn't have the liquid funds to buy much though, so I skipped it. I do think the swap tokens on Hive Engine get overlooked quite a bit. If you ever meet me in person ask me to do my Hank Hill impression. It's pretty good if I do say so myself. :)

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