HiveX

HiveX operates as an orderbook decentralized exchange (DEX) specifically designed for trading BTS LP tokens. Users have the opportunity to deposit liquidity by pairing BTS LP tokens with ETH or other assets, enabling them to earn fees based on the trading volume. HiveX not only facilitates arbitrage opportunities but also encourages active trading with minimal fees.

When a user invests capital in an ERC-BTS on Alvara's platform, they are rewarded with BTS LP tokens, representing their stake in the corresponding BTS fund. Subsequently, BTS LP holders can contribute these tokens to the fund's HiveX liquidity pool either independently or in conjunction with its paired asset (ETH/USDT/AVAX/BNB). In return for providing liquidity, the LP holder is issued HiveX LP tokens, reflecting their ownership share in the liquidity pool.

Participating LP holders are entitled to a 30% share of transaction fees generated within the respective pools they contribute liquidity to. The distribution of these fees is proportional to the individual LP holder's holdings, ensuring a fair and equitable compensation structure based on their level of contribution to the liquidity pool.