Finding a way to turn some of Liotes' Hive into BTC via Swap.BTC seems like a good idea, a nice hedge at the very least. 😎
!BBH
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We saw what are the repercussions of having swap.btc in rewards of the LEN:LENM pool. It pulls the whole APR up in times when Hive prices sink. We believe it will have the same effect with our general assets, even if the position will be rather small.
Indeed. I tend to sell off my SWAP.BTC rewards, partly because you need 0.01 SWAP.BTC before you can withdraw BTC from Hive-Engine whereas it is possible to withdraw small quantities of SWAP.LTC as LTC. However, it might be a better strategy to let SWAP.BTC accumulate precisely to act as a hedge. 🤔
!BBH
!ALIVE
I also use the swap.ltc road for withdrawals but swap.btc is a good way to keep money that isn't planned to go out of the chain I believe.