Well, that escalated quickly! I got a nice message from our smart contract developer that diesel pools are already functioning on the testnet!
"Hey guys, this is kind of exciting. The market pools contract is doing swaps in my testnet, and all on chain. Still have one or two more actions to add before its ready for code review and docs are coming soon. I'll be working on this heavily the next few days. Looking forward to helping with integration on the various frontends eventually too."
We'll be calling the liquidity pools DIESEL POOLS. We're going to make them 1000 BEE to create and free to use. The various tokens and projects will be responsible for providing incentive to create the pools. This means that once your money is on hive-engine it remains completely free to trade here.
I am starting to look into ways to adjust the deposit/withdrawal fee schedule. I'm interested in reducing fees for people that stake BEE. So, that's working it's way onto the roadmap.
ETH is coming along
cryptomancer is killing it and making great progress on Ethereum integration. That's moving along and I'm hoping to see our first deposit and withdrawal buttons functioning for it on the site. Next up with be ERC20s and those sound relatively quick to handle. The bigger problem will be wrapping all the hive-engine tokens. That sounds like it's a much bigger project, but that'll be on deck for Mancer.
Witness system is excellent
We're now over 15k blocks that have been produced by the Witnesses. We have 27 of them. We'll be going up to 10 top witnesses and 1 backup soon. I think if the price of Hive continues to rise we'll push it all the way to 20 top witness and at least 1 if not two backup witnesses in a rotation.
Fantastic work eon. This whole ecosystem is in your debt.
Open Hive is progressing
We're making it so that all the NFT projects have one home that they can be displayed on. It'll be a page on tribaldex.com which we're calling OpenHive. It's so you can poke around with all the different NFT projects all at once. Hopefully there's some great opportunities for cross promotion.
I imagine at some point we'll figure out a way to get some advertisement on the site to promote your NFTs for sale. Elmo will burn many a BEE that way.
Mobile development continues for hive-engine classic
We're trying to get hive-engine classic out the door. Shouldn't be too much longer for the Android app. It's a little more complicated to work with Apple. I'm in that process now. So, that part is less technical and working through corporate delays.
I'm getting started with a new front end designer. I'm trying again to get a job board going. I think there's nothing more powerful in the world to create equal opportunity that providing access to labor markets and talent. I'm stoked to work on this again. we'll see if it gets anywhere.
Hive-engine is really leveling up
Thanks to the folks buying WORKERBEE, BEE, FARMFARMER and MYTHICAL NFTs. The development of Hive-engine isn't being supported by the major stakeholders (other than theycallmedan and thejohalfiles) on HIVE so it's only made possible by your use of the DEX and supporting the tokens that this project has created to continue funding development. We appreciate your business and hope you'll love the new Diesel Pool functionality.
Gas is like $180 per trade at times. Then you have fees too. We're going to offer users completely free liquidity pools to use. It's gonna be epic!