Hello! I'D like to understand something better on the platform as

Question

Hello! I'D like to understand something better on the platform as

I dont understand the price shift.
let's say I buy 200 kava with 1000usdx at 5usdx each...if then try to do the opposite at the same price the 200 kava are worth less than 1000usdx... how come?

#blockchain #cryptocurrency #english #kava

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12.01.2022

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CryptoDaz (Darren) · Accepted Answer

CryptoDaz (Darren)

If this is on KavaSwap then it is likely to be the Swap fee of 0.15% Example Swap 1000 USDX for for Kava when the price if 5 USDX per Kava 1.50 USDX will go to the pool as a swap fee the other 998.50 USDX will be swapped for Kava giving you 199.7 Kava. When you swap back the swap fee is 0.3 Kava so 199.4 Kava would be swapped back for 997 USDX. This 3 USDX difference is 0.3% of the 1000 USDX which is 2 x 0.15% swap fees

0

12.01.2022

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