You are viewing a single comment's thread from:

RE: Need some help with testing @swap.app :)

in LeoFinance4 years ago (edited)

im pretty sure for small transactions of 0.01hive/steem ur making a loss, while the spread is too high for me to make a profit from ur swap transactions.....
https://hiveblocks.com/tx/9bf29af7768a6860fb2bace6640ddf7fa99e555a
https://hiveblocks.com/tx/188cda42a82be3c83899dd00ac3be9791de9cd4c
https://hiveblocks.com/tx/af9c71cb457741d36b276ea4bd33e645a5b3b0e0

at least for smaller spread i would be able to build a bot to exploit the loss you make and profit. but i could always lower the spread manually by placing trade orders on the steem engine making the swapbot trade with me while i profit...

Sort:  

Increased to 1 steem/hive, feel free to test it :) Thanks for the feedback!

dont think i can find an exploit when you are charging 0.7% fee and only giving me 0.1% for free :/

0.1% for free?

yes 0.001 steem out of 1steem is 0.1%. the reason why 0.01 was profitable was because i was trading back and forth 0.01 was gatting after 1 cycle 0.09 hive + 0.001hive + 0.001steem

Got it :)