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RE: The In-efficiency of HIVE and way coming out of it..

in LeoFinance3 years ago

You're so right - it's so much easier to buy DEC on Hive Engine than it is on Uniswap for example, and the fees are so much more preferable.

We really are missing out!

Paying influencers is an interesting one, it sort of contradicts with the liquid problem you mention!

A buy back and burn is a great idea for sure, it's key to the success of lEO I think.

It is time to start focusing on onboarding for sure!

Posted Using LeoFinance Beta

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You're so right - it's so much easier to buy DEC on Hive Engine than it is on Uniswap for example, and the fees are so much more preferable.

Just imagine what we could achieve if HIVE-Engine had DeFi capabilities. We could really go after those who are not even on Ethereum and convince them to not even bother with Ethereum. It's honestly a chore to even use Ethereum after getting used to HIVE.

Posted Using LeoFinance Beta

It's honestly a chore to even use Ethereum after getting used to HIVE.

Exactly, I sometimes feel that a lot. These fees and waiting period of transfers makes me wanna scream out loud at devlopers and make them see what HIVE can actually do lol

Posted Using LeoFinance Beta

I can even handle the long times between transactions. What has kept me out of most of DeFi is the GAS fees. In the case of LEO, I'm happy that I stayed out. But there are some lost opportunities for me because my portfolio is small and fees would eat into my profits.

So much can be obtained, if only we could have reached the full potential of HIVE. For instance we are trading continuously everyday on HE without giving a single fee for each and every trade. This itself is sth unique. I remember trading on different exchanges and trying to find out the lowest fees offered on different exchange and then going for it!

I suppose there are several ways to make things work on our HIVE eco systems favor. We just need to make sth productive with the resources we have. That is all :)

Posted Using LeoFinance Beta

You're so right - it's so much easier to buy DEC on Hive Engine than it is on Uniswap for example, and the fees are so much more preferable.

Just imagine what we could achieve if HIVE-Engine had DeFi capabilities. We could really go after those who are not even on Ethereum and convince them to not even bother with Ethereum. It's honestly a chore to even use Ethereum after getting used to HIVE.

Posted Using LeoFinance Beta

It's certainly slower using ETH and I REALLY don't like the gamble with the fees, varying all the time as they do.

Posted Using LeoFinance Beta