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RE: Gauntlet's report on Thorchains use of slip-based fees.

in LeoFinance5 years ago

The key is making this higher profitability for LP's sustainable. I think that will be a big difference between Thorchain and some of the defi copy-paste projects popping up. A "governance" token that shows a short term massive APR, but is practically worthless in a short time due to huge inflation is a very unsustainable model.

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True. Traders will have to “Buy-in” to the importance of security in cross chain swaps and Investors in Rune coin will have to believe the project has a future and as you say, is sustainable. I am unsure if just favoring the Liquidity Providers will be enough, but it’s going to be an interesting experiment.

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