I've not used waves, you can see difference of features given here more better.
Benefits are, we have more active users on Inleo, actively engaging with each other, more curations on threads and long form, more incentives like hive zealy, more rewards from ad revenue.
Thread more, you'll eventually see the difference.
I've tried waves (feels like beta version of twitter deck back in a days) on pc and it was way to slow, not sure if it's temp thing or not