Hive engine drop their fees from 1% to 0.75%, maybe feeling some pressure?

Ok so it might have been announced and I just missed it but I found out that the 1% hive engine tax has been slashed! Down to 0.75%

You can check it out for yourself in the intro screen.
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Now might be a variety of reasons for it but my suspicion is it is due to new competition popping up like Leo and beswap offering much low rates

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Now these guys don't swap funds, what they do is take your hive and give you swap.hive in return from their pools so being big swings you can see them drain out of liquidity but as you are swapping not staking it won't affect you.

Also small aside you can buy stakes in bee swap and earn daily dividend of their profit, I have 14 and get 0.113 hive normally, more on real big days



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I have been wondering when they will make this type of update to their fees, 0.75 seems okay but I don't see myself using them unless leodex isn't available. 1% fees is just too much compared to other exchange.

How do you go about buying bee swap if I may ask, I would like to buy in, looks like a nice plan.

Posted Using LeoFinance Beta

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how about the tribaldex? is it connected to the hive-engine team?

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They're the same thing, just a slightly different front-end appearance.

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