We’re excited to announce the launch of a new discounted bridge for HBD SWAP.HBD swaps: USWAP.APP
Check it out and enjoy seamless swapping with discounted rates.
Why HBD SWAP.HBD Swap Bridge?
If you’re into arbitrage trading, this is fantastic news! The existing swap process for investing HBD or withdrawing SWAP.HBD from Hive-Engine can be costly and time-consuming, often taking around 15 minutes.In arbitrage trading, time = money. That’s why we’re introducing a near-instant swap service, designed to bridge this gap with:
- Attractive rewards
- Lower fees compared to Hive-Engine
HBD.USWAP.APP Fees & Rewards?
- Max Reward: 0.4%
- Max Fee: 0.6%
- Average Fee: 0.3%
Enjoy competitive rates for near-instant HBD SWAP.HBD swaps. 🚀
Check it out here: HBD.USWAP.APP
How To Calculate Fees & Rewards?
If you’re using a script for arbitrage trading, here’s how you can adjust it to calculate the Fee and Reward based on your swap amount:
// You can retrieve the below json data from :- https://fee.uswap.app/hbd.json
{
"BASE_FEE": 0.003,
"MIN_BASE_FEE": 0.001,
"DIFF_COEFFICIENT": 0.005,
"BASE_PRICE_HBD_TO_SHBD": 1.00
}
let inputVal = 0.0 //enter the value (HBD or SHBD)
let expResult = 0.0 //the receive swap amount
let HBDPOOL = 0.0 //HBD amount in the pool
let SHBDPOOL = 0.0 //SHBD amount in the pool
let DECIMAL = 1000;
if(insymbol == "HBD") {
let diff = ((inputVal * 0.5 + HBDPOOL) / (SHBDPOOL + HBDPOOL)) - 0.5;
let adjusted_base_fee = Math.max( BASE_FEE * (1 - 2 * Math.abs(diff)), MIN_BASE_FEE );
let price = BASE_PRICE_HBD_TO_SHBD - (2 * diff * DIFF_COEFFICIENT);
expResult = (inputVal * price) * (1 - adjusted_base_fee);
expResult = Math.floor(expResult * DECIMAL) / DECIMAL;
}
if(insymbol == "SWAP.HBD") {
let diff = ((inputVal * 0.5 + SHBDPOOL) / (SHBDPOOL + HBDPOOL)) - 0.5;
let adjusted_base_fee = Math.max( BASE_FEE * (1 - 2 * Math.abs(diff)), MIN_BASE_FEE );
let price = 1 / BASE_PRICE_HBD_TO_SHBD - (2 * diff * DIFF_COEFFICIENT);
expResult = (inputVal * price) * (1 - adjusted_base_fee);
expResult = Math.floor(expResult * DECIMAL) / DECIMAL;
}
If any error, please contact us @CORE-VAULT Discord Channel or send a discord message to theguruasia#8947.
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Discounted Bridge : The Lowest Fee (0.09%) Hive | Swap.Hive Bridge
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