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RE: Gaming BeeSwap Discounted SWAP.HIVE Bridge

in LeoFinance3 years ago

Raising fees won't stop people from emptying the bridge. If I'm willing to pay 1%, a 0.75% raised fee rate won't stop me from converting.

Now, if I'm willing to pay 0.3% but it's charging 0.75%, well I simply won't do the action at all.

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 3 years ago  Reveal Comment

I thought I typed this reply but seems missing, here goes again:

Bridges will never sell above 1.01, of course. Emptying one side while selling for 1.01 is the best they can hope for.

I think there are times when Beeswap makes sense at 1.02. It is way faster than Hive Engine deposit/withdrawal methods.

Posted Using LeoFinance Beta

Theoretically but maybe not mathematically.

 3 years ago  Reveal Comment