note this a backpay proposal, the milestone 1 is live and operational. We've enabled the direct purchase of Hive tokens using over 60+ cryptocurrencies from Ethereum and Binance Smart Chain, directly sent to Hive Blockchain wallets.
Buy Hive, try now!
https://hive.terablock.com/
Vote for this proposal (#291) on Peakd.com
https://peakd.com/me/proposals/291
Vote for this Proposal (#291) using HiveSigner
https://hivesigner.com/sign/update_proposal_votes?proposal_ids=%5B%22291%22%5D&approve=true
Thanks Eoin 🙏 We remain steadfast in our commitment to the ongoing development and success of Hive CrossDEX. Our journey continues with the upcoming milestones designed to enhance further and expand the Hive ecosystem's capabilities. We look forward to the support and engagement of the Hive community to get the milestone 1 proposal approved. Together, we can shape the future of DeFi and establish HIVE as a leading blockchain in the space. Looking forward to your valuable feedback. 🙏 Shivam Tandon, Founder & CEO - TeraBlock
I am not sure why DHF. I believe that TeraBlock should be able to pay development themself.
Hi Marius & Sorin, Let me take this opportunity to clarify the distinction between the fees generated from transactions and the purpose of the DHF grant. The fees we collect from transactions are primarily used for the ongoing improvement and maintenance of the product. This includes launching new features, regular updates, and covering operational costs to ensure the platform remains efficient, secure, and user-friendly. These fees are crucial for the long-term sustainability of the project. On the other hand, the DHF grant is specifically aimed at covering the initial development costs of the Hive CrossDEX. Building a robust DeFi infrastructure from scratch, especially one that doesn't currently exist on Hive, involves significant upfront investment in terms of resources and manpower. The grant allows us to undertake this extensive development work without compromising on quality or scope. Moreover, our vision extends beyond the initial 6 milestones outlined in our proposal. The grant helps us lay a strong foundation, but the journey of enhancing and expanding the DeFi infrastructure on Hive is an ongoing process. The fees generated will support this continuous evolution, ensuring that we can keep adding value to the Hive ecosystem over the years. We believe this approach balances the need for initial support with the long-term viability and growth of the platform, ultimately benefiting the Hive community. Thank you for your engagement and for allowing us the opportunity to explain our funding structure.
Do you already have CrossDEX for another Blockchain?
Nope, we are building first CrossDEX with Hive.
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