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RE: How Is The HBD Liquidity Doing? | Data On HBD Liquidity And Trading Volume

in LeoFinance2 years ago (edited)

The BXT token has especially improved the HBD liquidity on Hive Engine.

This is a controversial statement. BXT token is 95% focused on SWAP.HIVE and only 5% of new BXT supply are distributed in the SWAP.HBD-SWAP.BUSD pool. SWAP.HBD-SWAP.HIVE pool is not incentivised. It is specifically supposed to improve SWAP.HIVE liquidity (and help their low-fee HIVE-SWAP.HIVE bridge). The team has recently turned down requests to add HBD-SWAP.HBD bridge. If BXT helps HBD at all, it is indirect and unintended.

To be fair, they are not alone. Building SWAP.HIVE bridges has been a popular hobby recently but everyone prefers the saturated HIVE market to the abandoned HBD one.

I would be grateful if anyone points me towards a discounted bridge for HBD but to my knowledge, this area is ignored, although it is an super obvious play to improve Hive Engine HBD liquidity.

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No bridges to HE for HBD atm.
As for the BXT token, it has helped that one pool. Without it even that pool woudnt be there.