Then if the eth side hex is more expensive than

Question

Then if the eth side hex is more expensive than

the pc side, why on earth would anyone bridge it over to the cheaper side and stake from there with the sum total of both hexs? Makes no sense. the diff in gas fees we avoid for end staking on eth side maybe?

#cryptocurrency #english #hex-crypto

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17.04.2022

14 ответов

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laurengottagato Автор вопроса

my dm = scam clones will message you 🌌🧠 ⬣
End stake is expensive

yes. looks like 10K to end stake a largeish 8 yr stake.

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17.04.2022

Nenad [I won't dm you]

Please learn what bridging tokens means and see why your question doesn't make sense.

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17.04.2022

Nenad [I won't dm you]

laurengottagato
yes. looks like 10K to end stake a largeish 8 yr s...

You can't predict how much you will pay for a fee in the future, because you can't know how much you will bid for the g a s price and how much the Ethereum foundation will change the g a s cost over years.

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17.04.2022

laurengottagato Автор вопроса

Nenad [I won't dm you]
Please learn what bridging tokens means and see wh...

my Q was a bit testy i deserved that!

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17.04.2022

laurengottagato Автор вопроса

Nenad [I won't dm you]
Please learn what bridging tokens means and see wh...

Ok i looked it up and still have the same Q. I cannot find information on this. Thats why im asking here. The value of 1000 hex on Eth side might be .10 and on p side .05. I would bridge over the 1000 ehex to the p side. and now they would be worth half. what am i missing? thanks.

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17.04.2022

Tezz ⬣⎔ Hex ⎔⬣ [I won't DM you]

laurengottagato
Ok i looked it up and still have the same Q. I can...

Bridging transfers the value from one chain to another. Bridging 1000 eHEX would get you 1000 wrapped eHEX on PulseChain

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17.04.2022

Don Julio

laurengottagato
Ok i looked it up and still have the same Q. I can...

I think if you bridge in 1000 eHex at .10 cents , worth $100 , if the price on pulsechain is .05 you’ll receive 2000 wrapped eHex

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17.04.2022

Nenad [I won't dm you]

laurengottagato
Ok i looked it up and still have the same Q. I can...

I'm a bit confused on why you think that bridging eHEX on Pulsechain would make the value just disappear given that bridged tokens are redeemable for the originals. Does value disappear if you wrap ETH to WETH, or if you swap USD for USDC?

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17.04.2022

Nenad [I won't dm you]

Don Julio
I think if you bridge in 1000 eHex at .10 cents , ...

That makes no sense whatsoever. If you bridge tokens you get the same exact amount of bridged tokens.

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17.04.2022

Don Julio

Wouldn’t you get the exact amount USD ? Not tokens?

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17.04.2022

Nenad [I won't dm you]

Don Julio
Wouldn’t you get the exact amount USD ? Not tokens...

How would a token know what its market value is and how would that value be relevant for bridging or wrapping? Value of any asset redeemable for another asset is set trough redeemability, because whenever it deviates, arbitragers just grab the free money. Sometimes, minor deviations do occur, as for example when certain fees are involved, but we are talking about a percent or two, not 50%.

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17.04.2022

laurengottagato Автор вопроса

Nenad [I won't dm you]
I'm a bit confused on why you think that bridging ...

You mean arnt? Thanks for sticking with me. I will get this! lol.

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17.04.2022

laurengottagato Автор вопроса

Tezz ⬣⎔ Hex ⎔⬣ [I won't DM you]
Bridging transfers the value from one chain to ano...

👍 thank you

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17.04.2022