Major Changes at Uswap: Unlocking Higher Rewards!

theguruasia in #hive-167922 • last year

Hello Hives,
We have changed the Fee & Reward structure of USWAP.APP and pushed it to the live server. With this update, we have introduced three major changes, which you can find as follows:

Regarding swaphive.github.io/swap, we haven't made the necessary changes to make it compatible with the latest script version. As a result, we strongly recommend using uswap.app (please perform a hard refresh) until we announce the changes on swaphive.github.io/swap.

Here are the changes that we have implemented with the latest update:

We have introduced three tiers of bridge fees and rewarding mechanisms as follows:
1st tier => Until the bridge reaches 15% of the total liquidity requirement - 0.0% Fee & 0.37% in Hive/Swap.Hive Reward & 0.01% in Vault Reward

2nd tier => Bridge liquidity between 15% - 80% of the total liquidity requirement - 0.1% Fee & 0.01% in Vault Reward

3rd tier => Bridge more than 80% of the total liquidity requirement - 0.4% Fee & 0.01% in Vault Reward
With these changes, you can now earn a 0.38% instant reward by adding liquidity to the bridge.

We have removed the VAULT swap from uswap.app
We plan to introduce a separate mechanism to swap VAULT to HIVE or SWAP.HIVE. In the meantime, you can use hive-engine or tribaldex to trade VAULT tokens.

We have added a mechanism that allows you to select the maximum fee you wish to pay for the swap
By default, the fee is set to 0.4%. This means that if you wish to swap while the bridge is 80% full of liquidity on the side you wish to swap, the maximum fee you need to pay is 0.4%.
Please note, this doesn't mean you need to pay 0.4% every time. It will be the highest fee you have to pay if the bridge is unbalanced.

If you experience any errors/issues while using the bridge, don't hesitate to contact me anytime.

If you are using a script to swap between bridges, please make the necessary changes to avoid additional fees if the bridge is unbalanced.

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

^{"Delegate @hiveupme Curation Project To Earn 95% Delegation Rewards, 15% APR Worth UPME Tokens, Mentor Votes & WINEX Token Rewards"}
^{Contact Us : CORE / VAULT Token Discord Channel}
^{Discounted Bridge : The Lowest Fee (0.09%) Hive | Swap.Hive Bridge}
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#uswap #hive #hive-engine #leofinance #swap #bridge #pob #hiveupme #dapp #news

last year in #hive-167922 by theguruasia

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gerber last year

When you do changes then manipulate liquidity to keep it no rewards and highest fee.
Both of the platforms this guy made, are literally based on liquidity manipulation(owners manipulating available liquidity to give less rewards and charge higher fees)

Just an idea of having 2 platforms to manipulate users for own benefit. Can't make 1 working properly, need to confuse people even more with next changes then manipulating liquidity so there is completely no benefit for user and high fees.

Can't even delete this one if new platform is better, already tricked so many people advertising lowest fees, and they still use it even at high fees or no rewards.

There is something wrong.

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1 vote

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stayoutoftherz last year

On Tribaldex you have 0,75% withdrawal fee, so 0,4% max. is way better!

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2 votes

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theguruasia last year

Thank you very much for the positive feed back & the support!

If bridge lacks with liquidity
Upto first 15%, we have no fee, but 0.38% reward
Next 15%-80% (65%), we have 0.09% fee
Last 20%, we have 0.39% fee

All rewards share in either Hive or Swap.Hive or Vault (Hive pegged token).
When some people keep 0.25% - 0.4% fee & share rewards in some sh!t tokens, they might have a lot of complains.

Kswap.app is another swap bridge developed by myself. But it own by someone else. I am supporting him like all other projects that I involved.

$WINE

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theguruasia last year

Are you nuts, or did something go wrong with you?

$WINE

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