BeeSwap Whitepaper 2.0

@beeswap · 2022-12-17 20:14 · beeswap

BeeSwap

BeeSwap is an application that allows cheap (0.25% fee) deposits/withdrawals to Hive Engine, without changing the size of the entire SWAP.HIVE:HIVE liquidity. This is a bridge service between the native blockchain token HIVE and its equivalent on the Hive-Engine side chain, SWAP.HIVE. We provide this service, and share the rewards with our liquidity providers and BXT token stakers.

BeeSwap token (BXT)

Staked BeeSwap Token (BXT) earn 50% of all the fees generated by BeeSwap, currently estimated at 50k HIVE yearly. It takes 3 days to fully unstake all BXT tokens.

Free conversions

Free conversions on side with liquidity below 10000 HIVE/SWAP.HIVE.

Additional BXT distribution

Additionally when doing conversions on side with liquidity below 5000, users receive ~0.11% return from conversion in BXT (max. 3 BXT).

BeePass NFT

Supply: 200 Drop: 100 -> REDACTED Mint: 80 -> REDACTED Marketing: 20 Mint price: 20 BXT Date: Unknown

3 properties: * EVERY conversion min. return in BXT 0.01%/0.02%/0.03%/0.04%

  • Minimal refill reward (increased) 0.12%/0.13%/0.14%/0.15%/0.16%

  • Max possible fee (decrease) 0.24%/0.23%/0.22%/0.21%/0.20%/0.19%/0.18%/0.17%/0.16%

NFTs trading fees will be collected and distributed together with fees from conversions.

Future

  • Token market
  • NFTs market

BeeSwap Whitepaper BXT Pool

#beeswap #hive-engine #defi #hive
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