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RE: 🎉Native Bitcoin Liquidity Pools Have Launched on Magi Network - Hive Crosschain Future Starts Today ❗️

in #hivelast month (edited)

Let's hope we can actually get some traction outside Hive! That's something we've kinda been struggling with :)

Anyway, that rather poor exchange rate is down to low liquidity, right?

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Yes, thats just how AMMs work. With higher liquidity and arbitrageurs looking for opportunities it will balance itself out.

Neat! :)