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Using Hive to put life into other Crypto?

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Published: 29 Nov 2024 › Updated: 29 Nov 2024Using Hive to put life into other Crypto?

Using Hive to put life into other Crypto?

So I've been thinking about some things and I wanted to get some ideas from the hive community! So as we know the crypto is in another bull run and there is always endless possibilities. So I was thinking have you every come across tokens on Coinmarketcap that barely have a market cap. I was thinking could we use Hive to put new life into a coin? So here was what I was thinking I could create a token on the hive Blockchain for each token we would revive and put new life into! Everytime someone buys the token on the hive Blockchain I use that hive to buy that token on original chain and release those tokens on the hive Blockchain. Everytime adding more tokens and burn liquidity to add to the pool. I could then exchange the hive token for the original token on a 1 to 1 ratio.

Would have to make sure that the original token can not mint anymore tokens and there is not to many out there that can rug the liquidity pool.

Or we all can just buy the tokens and add burnt liquidity as we go!

just wanted to see what you guys thought and see what kind of ideas you came up with.

thanks everyone and have a great day

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