thanks i've been hoping to see this sort of information somewhere.
Sadly the results are not what I was hoping to see which is too bad.
Seems like some other leo users are motivated by this information and if so I don't quite understand it and would like to understand why?
But to me $151 of cub burned during an entire month does not seem like it will make any noticeable impact on the inflation of $20k+ cub a day (aka $604k cub a month)
I guess i never understood the big push for the bridge because it seems to be a one time thing. I for example used the FREE binance bridge with a VPN and ever since using it at the beginning there is now nothing else to use it on. The sub segment that are US citizens, big into crypto and who are unwilling to use a VPN and are going to move enough to make a $20 eth fee worth it and yet not enough they don't try to figure out how to use a VPN system to get the free bridge to work... anyway that seems like a small market to hit. And the issue is where to find that group of people who have ETH who don't care about the fees? Seems like a hard job to find that sub-segment.
Maybe the best way to approach it is to advertise to people who don't want to trade out of their small ETH/BSC tokens into eth to do a binance bridge move because of TAXES. They want to show they never sold these tokens or something. Anyway maybe that's the pitch... find the really really law conscious individuals who won't use a VPN (even though it's not illegal) and who don't want to be shown as ever leaving their random project token.
Best of luck... i obviously want this feature to do well and maybe there's somethign I'm not seeing. I have made many many many features that not many people use however right now 600k a month is being printed and very little burned.
Next it would be interesting to see how much kingdoms will be burning.
or maybe who don't want to trade in and out of their tokens for tax reasons so
I must admit I haven't used the bridge because I don't have any ERC tokens. But I have used binance bridge to convert EOS to BSC. I'm not a US citizen so no problems there I don't need a VPN. However I did have to wait 8 hours for the transaction to process and I was nervous about where my money was in that time. The Leo bridge however is transparent, you can see the code, you can see where it's upto on the blockchain, and essentially it's trustless and I believe that's the true benefit. Admittedly you need to be well versed in blockchain to be able to see this, and that's why there are 3rd party audits essentially for those to trust a 3rd party as opposed to binace which might be slightly conflicted. For the record I have trusted binance in the past so I don't have a particular issue with the company, it's just better not to have to trust.
Overall I think it's still a worthwhile service, and 0.25% is not too much to pay, I pay more than that converting fiat into crypto. The real problem is the gas fees.
the .25% fee isn't too bad... but there's lots of slippage also happening on those LEO pools. I would be very interested to see how it impacts some actual trades.