Posts

RE: The Trickle Down Effect of HIVE Gains Due To Trading Pairs on HIVE-Engine

avatar of @yintercept
25
@yintercept
·
·
0 views
·
1 min read

HIVE is the base currency of the coins on HIVE Engine.

Honey Swap is a primary path between HIVE and HE. You can follow trends by parsing this account.

One thing I've noticed is that, whenever there is a bump in the price of HIVE, some users move their liquid stake from HIVE-Engine to HIVE which causes a drop in the HE equities.

PS: HE suffers a serious lack of liquidity. The best way for HIVEans to improve HE is simply to put high-ball sell orders for the coins they are not interested in accumulating.

When the sales do go through, people can put low ball BUY orders on the coins they want to collect.

By actively engaging in the exchange, users provide the liquidity the exchange needs.

The strategy of high ball and low ball orders often pays off. It usually pays more than participation in swaps.

!PIZZA

Posted Using LeoFinance Beta