BeeSwap just simply showing the APR has changed the game here. We moved allot of our DEFI into BeeSwap and really most of our income these days is coming from Hive in one way or another. So many ways to earn. And the integration with BSC and Polygon through SWAP tokens is going to be huge once people really start using them. I am using SWAP.BUSD and SWAP.BNB all the time at this point.
Reblogging for the https://coin-logic.com audience and also will feature it in tomorrows Daily News Flash post!
How do you do defi via beeswap? Is there a part that shows how?
It’s really using the same pools as tribaldex. But you go into the area that says Swaps, then you can see the choice to add liquidity. If you are on mobile there are secondary menus you will need to check. But what’s cool about BeeSwap above all others is that it shows the actual APR of the pools. They also have their own rewards system for different pools. The BXT token is the primary rewards token and when staked you can earn a nice staking percentage paid out in Hive daily.
I did it wrong. I swapped... ok, so if OK, add liquidity, will I be able to remove liquidity later? How does it record my holdings in liquidity, or am I just going to have to do it to figure it out? When it says rewards end in 7 days, does that mean my liquidity disappeared too, like a stock option expiration date?
Looks like a good subject for a post after Christmas, lol.
So it shows your positions in the tab that day, ‘Your Positions’ you can add or remove your liquidity at anytime. It also shows your estimated daily rewards per pool and the percentage of the pool you are holding.
The ones that say the rewards end means that those are Hive Engine distribution contracts. They are renewable contracts and most people tend to renew them. I look for the longer payouts, like with the LIST/HIVE and WEED/HIVE pools for example, those are both distributing for 5 years before we have to renew them. Some like the BEE ones are for a year, and then the PIZZA ones are more short term and all over the place, lol.
The BXT rewards from what I can see do not have a time frame on them. They are constant rewards from my understanding.