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Thomas 'Coyote'-Baxter

Right okay so if im understanding tho the exchanges will

be l1? So to transfer out ud need to bridge and transfer. But at some point will this not involve the normal ethereum fees?

#cryptocurrency #ecomi #english
0

17 ответов

17 просмотров
Cynthia AmaZix-

Exchanges are on L1 you can transfer to your wallet directly. Veve is layer 2 you can only send to L2 wallets. There’ll be a bridge to switch between both layers.

0
02.02.2022
Thomas 'Coyote'-Baxter Автор вопроса
Cynthia AmaZix
Exchanges are on L1 you can transfer to your walle...

Yeh ok im gonna go off and read this just my understanding is that if u want to turn omi into fiat ull need to sell on an exchange which is l1. When we bridge to l1 we need to send for normal ethereum fees. Im gonna go read more tbh.

0
02.02.2022
Cynthia AmaZix-
Thomas 'Coyote' Baxter
Yeh ok im gonna go off and read this just my under...

Correct on all points. OMI was on GoChain which has faster and cheaper transactions. Eth has a bigger blockchain community Easier to integrate with other platforms Immutable x has no fees, Etc

0
02.02.2022
Thomas 'Coyote'-Baxter Автор вопроса
Cynthia AmaZix
Correct on all points. OMI was on GoChain which ha...

Immutable x is only l2 tho? And we need l1 to send to exchange. L1 has the horrible fees?

0
02.02.2022
Thomas 'Coyote'-Baxter Автор вопроса
Cynthia AmaZix
Yes, imx is L2 which is in the veve app

Yeh but my point is that u need to send L1 to an exchange. Sending L1 to an exchange = huge fees. if we have to send L1 to sell for fiat, u cant escape the huge fees

0
02.02.2022
Ben-
Thomas 'Coyote' Baxter
Immutable x is only l2 tho? And we need l1 to send...

They always cared about the NFT and GEM from FIAT and a traditional app business. OMI is just extra free money for them.

0
02.02.2022
Cynthia AmaZix-

You’ll be able to buy nft with OMI.

0
02.02.2022
Ben-
Cynthia AmaZix
You’ll be able to buy nft with OMI.

I wanted to do that when i first invested in 20M tokens. Still waiting and starting to have my own theory.Not really happy untill now..

0
02.02.2022
Essa AmaZix-
Ben
I wanted to do that when i first invested in 20M t...

Migration has done. Please remain patient as the team works on this plan.

0
02.02.2022
Essa AmaZix-
Cynthia AmaZix
That will be possible soon.

+1 Migration has done. Please remain patient as the team works on this plan.

0
02.02.2022
Isaac-AmaZix
Cynthia AmaZix
Exchanges are on L1 you can transfer to your walle...

Veve is layer 2 you can only send to L2 wallets. Exchange are layer 1. There’ll be a bridge to switch between both layers.

0
04.02.2022
AidiVerse-Nusantara
Isaac AmaZix
Veve is layer 2 you can only send to L2 wallets. E...

If I just hold in metamask, i don't need to do anything?

0
04.02.2022

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