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

in #hive • last month (edited)

Thats because the team tested the BTC pool with a higher % of the pool reserve to test the CLP fee. That was a few early Txs.
CLP fee is derived from swap size vs pool reserve.

The actual Fees are this:

0.08% + CLP + 0.25% service fee for HBD->BTC
0.16% + CLP + 0.25% service fee for HIVE->HBD->BTC
0.08% + CLP + 0% service fee for BTC->HBD
0.16% + CLP + 0% service fee for BTC->HBD->HIVE

Inleo for example charges 0.4% and Thorswap 0.5% on top of the protocol fees. So Altera plus our pools are cheaper than aynthing else.

last month in #hive by
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     last month  

    I'll pass that on.

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     last month  

    I know you will. That was never in question. 😅

    I just wanted you to have the correct information as 2.5% is false info, whoever told you that.

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       last month (edited) 

      This is what was brought up.

      image.png

      "swapspace is cheaper for HIVE>BTC and only 1 transaction.
      Altera is 2.75% and 2 transactions."

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       last month  

      Where was it brought up?

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