BHive-Hive Bridge data.

in #hive-1679222 years ago

Hello all,

Hope you all are doing good. This post is related to Bhive-Hive bridge data.

Wleo Bridge [Bhive-Hive]

LeoFinance team has made it possible to have Hive on multiple chains . Along with PHive [ Polygon] we have Hive on Binance too , thanks to the team , called BHive.

Link - https://wleo.io/

You can select Bhive to convert Hive to BHive or BHive to Hive .

There is a fee of 0.25% [ Note: In the below data , Fees isn't taken into consideration , just the total transfers]

Note 2: I have excluded Leo team offical accounts from this report to give us better insight.

Hive to BHive - Historical report

HivetoBhive.gif

The launch date saw around 850 Hive converted to BHive.

We can see spikes on couple of days . One without any surprise is 9th November when the crypto crashed and Hive price went down .

You can see that average transfer is 3633 Hive per day which is great if you ask me.

Till date 370,604 Hive has been converted to BHive.

BHive to Hive - Historical report

Bhivetohive.gif

First Bhive to Hive was on 26th July .

Two major spikes here on 10th November and 7th October .

Average = 3543 BHive to Hive per day.

Till date 247,990 BHive to Hive conversion.

Largest transfers by users - Hive to BHive

Largesthivetobhive.gif

@d-company leads this with 61k+ Hive to Bhive followed by @kam5iz with just 1k difference .

Largest transfers by users - BHive to Hive

Largestbhivetohive.gif

Once again @d-company leads this too with 54k+ withdrawn .

Unique users using the bridge - Hive to BHive

uniqueusershivetobhive.gif

Max was on 26th July , on 9th November we saw 11 unique users using Hive to BHive bridge .

Unique users using the bridge - BHive to Hive

uniqueusersbhivetohive.gif

10th November leads this with 7 unique users using the bridge .


Total unique users who have converted Hive to BHive - 109 unique users.
Total unique users who have converted BHive to Hive - 52 unique users.


I will soon post about PHive-Hive bridge too .

Regards,
MR.

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wowww! Thanks for information
I never thought It's 60k

However fees are about 0.55% in reality.😏
if it was 0.25 I'd use it 3x time more.

!LUV LeoFinance team
Thank u @amr008 Happy to find your blog...

However fees are about 0.55% in reality.😏

I thought so because when I checked the amount sent from users and the actual amount received by them it was more than 0.25% fee . That's why I decided to skip that for now till I get more info .

Thank u @amr008 Happy to find your blog...

My pleasure :)

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Tell me about Hive blockchain?
Reply to this.

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Hive blockchain is a decentralized, open-source blockchain platform that was created as a hard fork of the Steem blockchain in 2020. It was designed to address some of the perceived shortcomings of the Steem platform, including a lack of decentralization and a lack of support for small content creators. Hive blockchain uses a proof-of-stake consensus mechanism, which allows users to earn rewards by holding and staking the platform's native cryptocurrency, Hive. The platform supports a wide range of decentralized applications (dApps), including social media, gaming, and marketplaces, and it is powered by a global community of users who contribute their time, expertise, and resources to its development and growth.

Can you tell me how to manage my earnings?

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There are a few different ways to manage your earnings, depending on the type of earnings you have and your personal financial goals. Here are a few suggestions:

  1. Set aside a portion of your earnings as savings: It's always a good idea to save some of your earnings for a rainy day or for a future goal, such as buying a house or retiring. Consider setting aside a fixed amount of your earnings each month or each pay period, and deposit that money into a savings account or other type of savings vehicle.

  2. Invest some of your earnings: If you have some extra money to spare and are willing to take on some risk, you may want to consider investing some of your earnings. This could mean buying stocks, bonds, or other securities, or investing in real estate or other types of assets. Before you invest, be sure to do your research and understand the potential risks and rewards of different investment options.

  3. Use some of your earnings to pay off debt: If you have outstanding debts, such as credit card balances or student loans, using some of your earnings to pay them off can be a smart financial move. By reducing your debt, you can save money on interest charges and improve your overall financial health.

  4. Spend some of your earnings on things that matter to you: Finally, it's important to remember that your earnings are meant to be used to improve your quality of life. Whether that means treating yourself to something special, traveling, or supporting a cause you care about, make sure to use some of your earnings in ways that bring you joy and fulfillment.

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