Hive Swap Services: Why Comparing Fees and Rewards Matters

in #uswaplast month (edited)
Hello Hives,
When using a swap service to exchange HIVE <=> SWAP.HIVE tokens, it’s a good idea to compare a few swap services before proceeding with the transaction. Some bridges may offer more favorable rates, while others might reward you with additional tokens. Choosing these services carefully can make a difference.

Source : https://uswap.app/

Why Is Comparing Swap Services Essential?

We’ve created a simple web portal to view bridge balances, which you can access at info.uswap.app. The main reason for creating this portal is that we noticed some users were paying high fees (around 0.75%) and were unaware of alternatives like uswap.app.

On uswap.app, you can earn up to 0.65% in rewards is in demand. Both the reward and fee adjust dynamically based on the bridge's HIVE/SWAP.HIVE balances.

Please note that uswap.app is not currently offering rewards for swaps from SWAP.HIVE to HIVE. This is a temporary change, and rewards may be reintroduced as SWAP.HIVE gains more use.

How To Compare These Swap Services?

Each swap service on the Hive blockchain and Hive-Engine sidechain has different fee and reward structures.

Examples:
  • The BeeSwap service (related to the Dcity game) offers a 0.45% reward and fees ranging from 0.45% to 0.75%.
  • CropSwap (based on the Dcrop game), has no reward structure and currently offers one of the lowest fees, at 0.25%.
    • Similarly, as mentioned above, uswap.app offers up to a 0.65% reward and fees of up to 0.75%. We strongly recommend comparing these swap services and choosing the one with the lowest fees or best rewards for your next swap.
      If any error, please contact us @CORE-VAULT Discord Channel or send a discord message to theguruasia#8947.
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