Two weeks ago, I reviewed options to trade SWAP.HIVE for HIVE at a discount. If you haven't, you probably want to read that article first to understand that the current discounted bridges are not your usual Liquidity Pool. This follow up focuses on improving the technology, while possibly helping to understand the math behind Liquidity Pools.
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Ok this gives us a real chance of getting some automated math for this sliding scale!
This does sound like a plausible solution and there is a chance that this can swap at rates way better than the current swap apps. In fact, people can arbitrage it if it is skewed in one direction.
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Obviously I don't think it may happen but when people are trying to get HIVE out to take profits, things like this can happen. I don't think I will launch anything but it's a self-regulating market.
Posted Using LeoFinance Beta
I was saying if the peg on your supposed pool was implemented then people could use arbitrage on even on HE with the 1% fee. After all if it was skewed so far to one side, you could earn off the 1% deposit and there is no actual limit for that type of trade.
Posted Using LeoFinance Beta
Your level lowered and you are now a Minnow!@jelly13, sorry to see you have less Hive Power.
Check out the last post from @hivebuzz:
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How TF did you get a negative rep dude? Man I cant beleive how quick you got on top of the BXT holders list! congrats dude!!
This article is definently a deep dive!