RE: DSwap is coming - HIVE-ENGINE.COM powering DEFI on HIVE

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(Edited)

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Please consider changing the fees system - I've got a feeling that 1% deposit and 1% withdraw fees are kinda holding back the service :)



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I do agree with this !

In addition you hinted at 5% fees for swap, did I get this correctly ? It seems a lot even for the convenience. But oh well, people might still use the service for convenience 😉

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I can't guarantee the fee, because a good portion of it is based on the spread available on the exchange. If there are lots of market makers it should be 2-3% total.

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Understood ! I thought this was a fee you charged in addition to the already wide spread. Makes absolute sense then.

Thank you 🙏 for the quick answer.

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(Edited)

Now we're talking! Although hive-engine alone could also get some love in this matter :)

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The fee has been my #1 gripe for a while now, with #2 being that the site only works sometimes.

Posted using Dapplr

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Use leodex (leodex.io). As long as they have a balance, the fee is 0.25%. Only problem is that they might not always have the balance for large deposits/withdrawls.

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A truer statement has never been uttered.

The 1% in / out HE tax is a big issue.

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I don't think the 1% in and out fee is a problem, people can plan to deposit HIVE and have it "in" for a very long time... I have another issue I think is very important and that is to make HE, the tokens native (like on a SMT or similar) if that happened, then I think value would explode!

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this is not true ... This is infact Making the service stronger if you look at it from a traders point of view... aka the ppl who bring the steady volume. Imagine u want to do a swap on unidex... that will cost you god knows how much now a days i donteven fathm . and if you are doing them consecutivly then your kind of getting burried.

Even a normal dex... with an order book is killing you when your doing more then 1 trade.

trade volume fees turn into WAY MORE then 1% withdrawal.

No hate to the king but yea its one of the only reasons i trade on hive-engine

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