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Random writing, Liquidity Pool, Building BBH by bradleyarrow

View this thread on: hive.blogpeakd.comecency.com
· @bradleyarrow ·
$2.75
Random writing, Liquidity Pool, Building BBH
 https://i.imgur.com/0QaN4FG.png 

It is Friday already. It is a three day work week for me. In my new job.

I am having one of those moments, one of those mornings, where I am pretty much brain dead about writing. Sure there is lots to talk about. The markets, Bitcoin, Hive. But my brain goes places about time, research. Especially when I hear a snow plow outside and I wonder what the drive to work is going to be like.

I have not even looked out the window to see how much snow we got over night. I do know the city I work in had a snow fall warning. But there was not one here. And they are only 20 minutes apart. Could be an interesting drive in.

## DRIP DAY

Don't forget that tomorrow is drip day for all holders of BBH token. You can read all about that below.

## LIQUIDITY POOL

As my regular readers know, BBH has a [Liquidity Pool](https://beeswap.dcity.io/pools?search=bbh). I asked the question on Threads about 12 hours ago and I will ask it here again. 

Is anyone using the liquidity pool to move there BBH to Hive or Hive to BBH? Another words are you swaping instead of trading?

Just wondering, as before I started the LP I did not even know the difference.

 | Crypto Swap vs. Exchange - What's the Difference?  | 
| --- |
| Cryptocurrency swaps and exchanges are two distinct ways to acquire tokens. But what is the actual difference between a crypto swap and an exchange? In short, a crypto swap platform allows you to directly exchange one cryptocurrency for another without intermediaries; meanwhile, a crypto exchange is a digital marketplace operating similarly to a stock exchange where you can buy, sell, or trade crypto for fiat and vice versa. To clarify this even more, take a look at the following crypto swap vs. exchange table chart:  

 https://i.imgur.com/xfEd1ZN.png 

So, with a crypto swap, you can seamlessly swap tokens in a simple, fast, affordable, and usually decentralized manner. And platforms facilitating crypto-to-crypto swaps can save you from undergoing unnecessarily time-consuming and costly fiat-to-crypto conversions. 

 [source](https://academy.moralis.io/blog/crypto-swap-vs-exchange-should-you-trade-or-swap-crypto)

The state of the BBH LP:

 https://i.imgur.com/z2a1PqB.png 

Look at that I did find something to write about.

Now to the daily Buidling BBH information.

## BUILDING BBH TRIBE/OUTPOST

### FUNDING UPDATE

 | Hiver | BEE Donated | 
| --- | --- |
| @heartbeatonhive | 30.00000000 |
| @benthomaswwd | 10.00000000 |
| @hopestylist | 2.00000000 |
| @flaxz | 20.00000000 |
| @jfang003 | 1.00000000 |
| @ericburgoyne | 2.17982837 |
| @iamraincrystal | 70.00000000 |
| @beststart | 147.71273934 |
| @ironshield | 100 |
| @pepetoken | 1 |
| @fantagira | 13 |
| @edgerik | 10 |
| @cccf | 10 |
| @hirohurl | 2 |
| @silversaver888 | 10 |
| @keechadkikali | 1 |
| @eyewaa | 2 |
| @kaycooks | 2 |
| @heruvim1978 | 13 |
| @bitandi | 5 |
| @fiberfrau | 1 |
| @yeckingo1 | 1 |
|  |  |
| Total Donations | 453.89256771 |
|  |  |
| bradleyarrow | 710.29350979 |
|  |  |
| Hive-112281 | 1,556.14456630 |
|   |  |
|  |  |
| total | 2,720.33064380 |
|  |  |
| goal | 10,000.00000000 |
| Left | 7,279.66935620 |
 
 I want to thank everone that has donated so far. Remember if you donate BEE please send it to the @hive-112281 account.

If you are not in the list and think you should be, or if the totals don't look correct let me know please.

I am raising asking for dontations to a minimum or 5,000 BEE to a maximum of 10,000 BEE.

5,000 BEE will get the OUTPOST off the ground. The other 5,000 will add to it, as in, staking, delegation, I need 1 BEE stakes for each active member of the OUTPOST. Etc.

So if you have BEE lying around in your wallet or if you want to be a founding member here it is.

## AIRDROP

I will on launch of the outpost, air drop 20 BBHO for every BEE donated to getting this launched.

Max air drop will be 200,000 BBHO. There will only ever be this one air drop.

Some math for you. If we where fully funded at this moment and launched.

Approximately 3 BEE to 1 Hive 60 BBHO equals 1 Hive 0.00057 USD for BBHO if Hive at 34 cents.

Are you in?

## BUILDING BBH

Saturdays are drip day. Now if you are not a regular reader of mine you are wondering what is drip day.

I run a income token and tipping bot all in one. The token is BBH. Every Saturday I payout the people holding BBH tokens. Passive income if you like. I like to call it a 'drip' of a token(s) to the people that own BBH tokens. And unlike some all you have to do is own it. No staking, no nothing.

1032 drip payments were made.

If you own 10 or more BBH tokens you got a drip of swap.hive.
If you own 5,000 or more BBH tokens you got a drip of swap.hive and the Alive token, and CTP Tokens.
If you own 10,000 or more BBH tokens you got a drip of swap.hive, Alive, CTP, and $LEO tokens.

All just for owning BBH. There are two ways you can get BBH. First you can buy them from the open market. I use TribalDex myself.

Or they can be tipped to you. The great part about BBH tipping is that when you tip a token to someone else you do not loose any of your own. There is a central pool that supplies them.

And a third way to get BBH would be people gift them to you.

## TIPPING

In a 24 hour period, reset at new day UTC. There are currently four levels of tipping.

Level 1 = 1000 BBH holdings = 1 tip per day you can send Level 2 = 5000 BBH holdings = 5 tip per day you can send Level 3 = 20000 BBH holdings = 20 tip per day you can send Level 4 = 50000 BBH holdings = 50 tip per day you can send

The tipping command is !BBH

I now set the release price of BBH to the markets daily. It is an open market so sometimes you can pick up deals when others are selling cheaper than my set price. The goal is to have 1 BBH = 1 Satoshi. I do a bit of math and get the price. If Bitcoin is stronger than Hive then the price of one BBH goes up and if Hive is strong than Bitcoin then the price goes down.

Here is the last week worth of price settings.

 | 28 Nov 2023 | 37044 | 0.357 | 100000000 | 0.00104 | 
| --- | --- | --- | --- | --- |
| 29 Nov 2023 | 38298 | 0.3657 | 100000000 | 0.00105 |
| 30 Nov 2023 | 37757 | 0.3624 | 100000000 | 0.00104 |
| 1 Dec 2023 | 38318 | 0.3593 | 100000000 | 0.00107 |
| 6 Dec 2023 | 43964 | 0.3646 | 100000000 | 0.00121 |
| 7 Dec 2023 | 43504 | 0.3668 | 100000000 | 0.00119 |
| 8 Dec 2023 | 43214 | 0.3743 | 100000000 | 0.00115 |
 
## ALIVE AND THRIVING

BBH, HIVE, INLEO and ME are alive and thriving.

 https://i.imgur.com/B50L8yh.jpg 

## GOALS

Get BBH Outpost built
Post on Hive at least once a day
Bring some joy to my wife today
[Top 20 Hive-Engine Witness](https://primersion.com/he-witnesses)
Stake 1 million LEO
Stay positive and keep a good attitude
Promote Hive to someone new
Get Curation Trial to 200 people
Hit 6000 HP by end of 2023
Do 2000 strait days posting on Hive
LPUD every month in 2023
Make BBH the number 1 income token on HIve
Visit Ghana one day


## FOOTER

Please take time to support my [Hive-Engine Witness Node](https://primersion.com/he-witnesses).

Don''t forget to check out our [Curation Trail](https://hive.blog/hive-155221/@bradleyarrow/joining-a-curation-trail-updated)

Don''t forget to check out the [The PIzza Plan](https://thepizzaplan.com/?rid=41)

Have a super positive day everyone.

All roads lead to Hive.

[What is Hive?](https://leofinance.io/@leoglossary/leoglossary-what-is-hive)

Bradley

Posted Using [InLeo Alpha](https://inleo.io/@bradleyarrow/random-writing-liquidity-pool-building-bbh)
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@fiberfrau ·
Thanks for explaining swaps and exchanges. !CTP
👍  , ,
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@bradleyarrow ·
I did not know, so I am sure many like us don't. So I explained.  And your welcome 🙏 

!BBH 
👍  
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@heruvim1978 ·
How are you, my friend? Battling the cold? It is a good time to sit in a warm place and plan and build the future. 

!BBH
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@bradleyarrow ·
Just pulled into work. 30 minute drive through the snow.

!BBH 
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@ironshield ·
$0.03
I hope the new job is going well and that the weather isn't a whiteout!  

>Is anyone using the liquidity pool to move there BBH to Hive or Hive to BBH?

I don't usually buy or sell BBH using swap, but there's other tokens that I will swap to SWAP.HIVE because it offers a better rate than selling to the "highest" bidder - in other words, sometimes the swap mechanism offers a better high bid than the exchanges.  I do check occasionally, swapping and exchanging.  They're usually very close, but if there is a big spread between "high bid" and "low sell" the swap price is usually somewhere in between.

Something that has to be factored in is the 0.25% fee from doing the swap, whereas the exchange is free.  That's why I typically use exchanges as my first go-to.   But as a supplier of liquidy, receiving a (usually small) share of those fees, I won't discourage people from swapping.  And there are times swappers will get a better rate, even with the fee.

![](https://images.ecency.com/DQmUzRaNRD3x6y9q8JuGm4mXf5ooTrAWgHHARfcY5dzXQdG/image.png)

Swapping 1000 BBH for SWAP.HIVE offers a good rate at the moment.

![](https://images.ecency.com/DQmd3PV3FyfjdxH3jjH8Gykw26K37wxU3gV4AC18f9EGkBc/image.png)

Swapping large quantities can have a really big effect on the swap price!  Large exchanges should be put on the market, not swapped!



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@bradleyarrow ·
Thanks for all that education 🙏 

!BBH 

!ALIVE 
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@youarealive ·
<center><p>@ironshield! <b>You Are Alive</b> so I just staked 0.1 <b>$ALIVE</b> to your account on behalf of @ bradleyarrow. <sub>(1/10)</sub></p>
<p>The tip has been paid for by the <a href="https://www.wearealiveand.social/">We Are Alive Tribe</a> through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day. <br /> <img src="https://i.imgur.com/p2WXJLn.png"></p></center>
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@jfang003 ·
It doesn't snow where I am at. Does it get annoying or are you just used to it?
👍  , ,
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@bradleyarrow ·
Both. Lol

!BBH 
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@bradleyarrow ·
!BBH 
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@bbhbot ·
<center><p>@jfang003! <b>Your Content Is Awesome</b> so I just sent 1 <b>$BBH</b> (Bitcoin Backed Hive) to your account on behalf of @bradleyarrow. <sub>(1/50)</sub></p>
<p><img src="https://i.imgur.com/QwsegY0.png"></p></center>
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