Leveraging Low Fees & Fast Transactions

Unless you have been living under a rock you have noticed that hive is building bridges instead of competing

The most obvious example is the great work LEO and Dash have been doing together

Now here is the part where it might sound like I am living under a rock

I used to be up to date with everything hive

But keeping up with the drama and tech here isn’t going to pay the bills and hive isn’t exactly designed to pump so obviously my attention is often occupied with work

So pardon me if I sound like a noob but …

We all have heard of wrapped tokens

We should incentivize people bridging tokens onto the chain and using it

For one, why not have on chain trading fast and free right here on hive

Wrapped bitcoin
Wrapped ethereum
Wrapped dai
Wrapped USDC
Wrapped usdt
Wrapped dash
Wrapped whatever coin…

Incentivize liquidity bonding here, with us. Give them some of the hive inflation, give the most inflation to hive pairs

Hive/bitcoin
Hive/ethereum
Hive/stable coin
Hbd/stable coin
Hbd/bitcoin
Hbd/ethereum

And sooooo much more

Imagine trading hbd with other stables…

Imagine all the volume with all the people trying to arbitrage

Put a tiny fee so market making bots don’t make all the profit.

Use that fee to buy hive and power it up in an account that can never power down

You might ask why, why waste that hive

The unit of hive isn’t actually as important as the price at this stage

We can always figure out RC credits and such, so “pricing out new users” with expensive Hive is a pretty sad argument

Diverting some of that content and curating rewards towards a mechanism that rewards pumping hive’s price will be a net positive for everyone

The fact this hasn’t happened yet is either because the tech doesn’t allow it, or no one “nerdy” enough has actually sat down and built it…

Posted Using INLEO