Redeeming Vault Tokens 🐝 - My Uswap Experience 💱
Hive has so many cool Dapps built on top of it. Uswap is 1 of many bridges we have between L1 & L2. What makes it so unique is it's the cheapest of them all! It's a simple swap. There's not much to innovate except a cool UI. We've already got many UI designs for bridges. Uswap actually has 2 of them.
- Modern Look https://uswap.app
- Classic Look https://swaphive.github.io/swap
There's even another mini bridge! It's got better liquidity. But fees are bit high. It's cheaper than everyone else except Uswap. So dev team is still killing it 👨💻
If you're wondering where the Mini is at - https://mini.uswap.app
Minimum Vault Reached
If you have some Hive sitting around - there's an opprtunity to make a small profit. All you need to do is swap it to SWAP.HIVE using Uswap.
Minimum Vault that is allowed to swap is 1. It's pegged to Hive. Basically it's a way for devs to charge lower fees. It's a way to bring fee down to 0.09% without making minimum swap amount go up. If 0.09% was charged from Hive - because there's only 3 decimals - minimum Hive to swap will have to higher and it'll still be difficult to charge the right fee for some values.
Vault Has It Fixed 👨🔧
Yep! It's not some centralized database. Hive-Engine is so cheap & easy - rewards can be easily turned to decentralized tokens. Coolest part is Hive-Engine tokens can be traded on market. They can even be gifted 🎁
Imagine doing that with your other loyalty points or airline rewards! TradFi vs DeFi are worlds apart. That's a really good thing for the users 🌏
$17 Trading Volume
Perks of Hive-Engine are just refreshing. There's no need to swap 10K Hive to redeem Vault rewards. There's people willing to buy or sell tokens. You can do either to have some Hive at your hand in the end. Isn't that cool 😎
Try For Yourself
Web: https://uswap.app
Blog: @uswap
Devs: @theguruasia @ali-h
It's the cheapest bridge between Hive & Hive-Engine. Hope you'd like it 👍
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Thank you very much for sharing your USWAP.APP experience with Hive community. We appreciate your effort!
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