RE: Steady 30% Gain over Ether: Incredible!? {Long Term Staking Opportunity}
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Just a question I been trading eth myself and its one thing ive been wondering. I believe they'll do something about the gas fees just wondering how they could do that. You think them burning eth is helping with the pricw too as well with btc at its ath
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The Liquidity Pool swal fees usually goes to the one who provides liquidity. If you provide liquidity to a pool, then you get a percentage of the swap fees. In case of WISE its the smart contract that provded the liquidity to the WISE/ETHG pool, and recieves the swap fees. This income is put back into the pool again. How exactly, I don't know to be honest. Must be somewhere int he whitepaper.
I was not talking about the ETH/GAS fees :)
I know at first I thought it would effect demand since some people aren't too happy about the fees
So with the gas the pool gets bigger so does the interest
Nope. GAS fees go whereever they go. The Uniswap Swap fees goes into the WISE/ETH liquidity pool.