that's a lot lower than the fees I'm hearing quoted, specifically for the BTC:HBD pool with $43.10 in fees earned with $1,703.34 volume, which comes out to around 2.5%. I honestly haven't been paying attention, but it has come up a few times.
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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.
I'll pass that on.
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.
This is what was brought up.
"swapspace is cheaper for HIVE>BTC and only 1 transaction.
Altera is 2.75% and 2 transactions."
Where was it brought up?