Get whive to the stage where hive holders can earn yield farming tokens like balancer, compound, lend etc. That would help reduce hive supply and a cascading effect of upward price moves... well done, congratulations and all the best.

Things are going forward, and it's happening fast! Fasten your seatbelt, friend! HIVE is going to mars!

Posted Using [LeoFinance](https://leofinance.io/@bagofincome/qf7ib8)

we should hook Hive on into polkadot, that's the future!

LOL so now I can send HIVE at a cost and pay gas fees yeah! Okay but in all seriousness, this is great if we can get HIVE into the various DE-FI tools using wHIVE or better getting ETH and ERC-20's flowing into wHIVE and then to real HIVE

Dang. This seems huge, how have I not heard about it until now? What are some of the main type of applications looking to be first explored with wHive? Anyone know?

That was fast.... next stop wLEO :)

lol wtf? So fast... Hive is so undervalued right now too imo.  So many shiny new things out there that have been drowning us out a bit.  We will not be ignored!

Posted Using [LeoFinance](https://leofinance.io/@edicted/qf4mp6)

This is very cool! Congratulations!

I guess this is indeed a cool new development but looking at a gas fee of 2.29$ for this wrapping means that this will only be worthwhile with big amounts of Hive to negate the gas fees.  
I guess I will save up a bit of liquid Hive to wrap and provide liquidity

This all sounds pretty cool but I'm just a little bit confused on how it works.

By I just regurgitating the words you guys said, 
- We can make wHIVE with our HIVE tokens. (got that)

### This is where I got lost...

We can add wHIVE to a liquidity pool that people borrow against, this would be like locking up our tokens for 30 days for a high APY? 
Where do you make money on wHIVE? 

Would we need to pay ETH GAS costs? 

Are their any youtube videos or further reading on this?

thanks for your answers!

Exciting times for all of crypto

this may be a dumb question, but is there any gas fees involved with doing this? Do I need some sort of eth wallet to stake some wHIVE in order to help this project?

great!

It's exciting times right now, that's for sure. Hopefully this translates into long term price action.

Posted Using [LeoFinance](https://leofinance.io/@moeknows/qf4sx4)

This is pretty cool. I was planning to trade my liquid HIVE for ETH once I built my balance up a bit but maybe I will convert it to WHIVE instead and play around with adding it to the uniswap liquidity pool. Thanks for sharing.
EDIT: I don't think anyone has been brave enough to create the liquidity pool yet? I will keep an eye out ;-)

Still thinking about this ... there's already wBTC and now wWHIVE. 

I wonder if this will inspire communities from the other main chains (DASH, Monero, XRP, NEO, Binance, etc, etc) to create their own 'w' (wrapped) tokens on ethereum? 
And then I wonder if some of these new wrapped tokens that come on to ethereum will be added to MakerDAO as collateral for DAI minting, thus bringing more value to their own chain and the DeFi ecosystem as a whole?
Will these communities start to add proposals on MakerDAO to be added as collateral?

wHIVE birth is step in the right direction for Hive Revolution

Posted Using [LeoFinance](https://leofinance.io/@nathanmars/qf4kik)

Amazing move! Glad to see Hive & LEO going strong lately!

Posted Using [LeoFinance](https://leofinance.io/@nuagnorab/qf64eu)

Wow es una exelente iniciativa y muy instructivo, gracias por compartir, te dejo mi voto y te sigo.

Really cool!  Can/will more be minted?   I'd like to have some just to hold WHIVE in my Meta Mask :)

Hi 
This is fascinating:
> Uniswap is a DEX swapping protocol. From the user perspective, it allows you to swap ETH and ERC20 tokens. Many utilize this as a way to simply convert across coins when there is a particular value proposition in mind - i.e. staking those coins into a DeFi platform, trading or some other purpose. Users can also participate in liquidity pools which allow them to earn passive ROI on tokens that they contribute to the swapping protocol.

I have read of wrapped Bitcoin. It’s certainly a good idea to wrap your coin for which you have longterm interest. Do you plan wrapped LEO? Or is that impossible for Hive-Engine Tokens?

This is news indeed.
> Wrapped Coins allow you to seamlessly convert your mainnet coins into a wrapped version on another blockchain. This can allow you to hold the value of the original coin, but adopt the features of an ERC20.
A good example is wBTC. Wrapped Bitcoin (wBTC) allows you to maintain the value of Bitcoin (it tracks and is backed by actual BTC) but utilize wBTC tokens in DeFi protocols like MakerDAO CDP Vaults - something that I utilize regularly.
Dan's idea to wrap HIVE would give HIVE token holders the same features. It would also likely attract a lot of investors to HIVE who otherwise wouldn't buy the token.
A wrapped version of HIVE would allow you to convert your HIVE into wHIVE and then use the wHIVE to participate in DeFi protocols. Once you want to go back into mainnet HIVE, you can easily "unwrap" your wHIVE and get HIVE back.
The potential use cases are endless. The key thing to understand is that you maintain the original value of the main chain (HIVE, in this case) and adopt the features that are made available by the Ethereum blockchain (i.e. DeFi - MakerDAO, Uniswap, etc.).
Creating wHIVE could position the HIVE token and blockchain ecosystem in front of speculators. Solid fundamentals meets rampant token speculation and large investors.
wHIVE is Born
Today - August 15th, 2020 - the first wHIVE was minted on the Ethereum network:

Now imagine wrapped Bitcoin and wrapped Ether on Hive.

They could really use our fast and free transactions.