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RE: What's Better Than Earning 20% on HBD Savings?

in LeoFinance2 years ago

Thanks for mentioning that. This is true. @jfang003 told me about this a couple of days ago and linked to this post by @flauwy. At the time I was working on my post I hadn't known about Cartel.Swap.

More details are at @flauwy's post titled "Cartel.Swap: Change HBD ↔ SWAP.HBD and HIVE ↔ SWAP.HIVE with Lower Fees for CARTEL Holders."

At the moment at least, there's no page for Cartel.Swap like there is for diesel pool access via Tribaldex or BeeSwap. To swap between SWAP.HBD for HBD, just follow the instructions in @flauwy's post (easy enough).

If you OWN 0.000 CARTEL, you just pay the regular TX fees as usual. If you own 100 CARTEL-- not cheap!-- then the swap between SWAP.HBD and HBD costs the CARTEL holder nothing. Fees decrease the more CARTEL one holds.

If other groups and tribes can figure out how to do this for their own tokens, they may benefit from the price appreciation of their tokens.

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The Cartel is willing to offer our swap bot as a service to other projects using their own tokens instead of CARTEL, for a cut of the fees. :)

EXCELLENT!!

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Does this make it easier for people to set up diesel pools and maintain them? I'm sure there are people who thought of doing that in the past but decided against it for whatever reason.

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This is totally unrelated to Dieselpools. We are running a bot that tracks incoming transactions and sends out the according amount on the other side.

@jboss you want a free swap bot we can just let the cartel manage it ?