Staking BXT is Great Passive Income Without Any Risk

in cryptocryptoacademy •  3 years ago 

I love passive income and I read a post about BeeSwap Token(BXT) Whitepaper.

Beeswap is an application that allows cheap (0.25%) deposits/withdrawals to hive-engine, without changing the size of the entire SWAP.HIVE:HIVE liquidity. This is a bridge service between the native blockchain token HIVE and it's equivalent on the hive-engine side chain, SWAP.HIVE.

It was great passive income way for me and I added it to my list. After getting BXT airdrop by traibaldex pools, I stake all my BXT tokens. I can get Liquid Hive everday by staking BXT with

Staked Beeswap Token(BXT) will earn 50% of all the fees generated by BeeSwap, currently estimated at 50k hive yearly.

Ekran Resmi 20211207 00.21.47.png

To get more liquid Hive passive income, I should stake more BXT. To buy BXT has risk cause of price changing. But I can flow my stable tokens to TribalDex to get BXT.

Ekran Resmi 20211207 00.24.34.png

You can get free BXT by pooling your tokens on tribaldex. Pooling Stable tokens is the best way without risk.

Ekran Resmi 20211207 00.26.05.png

I pooled HBD:SWAP.BUSD to get BXT and stake my BXT to get daily liquid Hive. APR is going down day by day but There are more profitable pools on the list. More profitable - more risk.

I prefer to sent Hive to Hive-Engine by BeeSwap for more Liquid Hive Rewards with low fee...

I will be good development for Hive Blockchain Ecosystem.

Let's see...

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE BLURT!
Sort Order:  
  ·  3 years ago  ·  

I use Beeswap tools to manage all my operations on Hive's 2nd layers economy.
You are right about BTX. I wish BTX in my portfolio was high enough.