still burned 60% of fees? Where does other 40% go?
I am confirming with the team.. Would update you shortly.
Yes, the 60% is always burned. As for the 40%, it depends, they can choose their own relayer and basically get 40% discount on the fees
So api cinnect to one of relayers not with chain itself?
now band's ibc enable vote has gone through - how long can we expect until we can start proposing markets with the band oracle?
Basically, when you are using the API you can modify the order object before sending the transaction to use your own address as fee_recipient and the 40% will be distributed there.
We have to make a proposal to grant band oracle privileges on our chain and once that passes it will be ready for usage.
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