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Gomadosnitro-

Can anyone explain the differences between USDC and USDC-hts in

Sauce Swap
both are Hedera tokens Right?

#cryptocurrency #english #hbar
0

10 ответов

26 просмотров
Joe-

@Gomadosnitro this is correct - USDC is the native hts token - currently the only way I know to get it, aside from swapping on ss, is to pay like a 6% premium through banxa. The USDC[hts] token is the eth version of USDC ported through hashport to become an hts token that way.

0
06.08.2022
Joe-
DMN MNN
6% , who uses something like that?

Well there’s now a demand for the native usdc hts token due to ss, because there are pools incentivized with farming rewards that require it. Before ss, I don’t know if anyone was using banxa much.

0
06.08.2022
DMN-MNN

Still, i wouldn’t touch it with a ten foot pole, the fees in the conventional market are a main reason why crypto exists. 6% is way too high.

0
06.08.2022
Joe-
DMN MNN
Still, i wouldn’t touch it with a ten foot pole, t...

I agree, we need an on ramp for the hedera native usdc token that costs less.

0
06.08.2022
Nube-

USDC[hts] is bridged from Ethereum via Hashport USDC is native to Hedera (https://www.circle.com/en/usdc-multichain/hedera)

0
06.08.2022
DMN-MNN
Joe
I agree, we need an on ramp for the hedera native ...

Do you know what the fee is with hashport bridge?

0
06.08.2022
Nube-
Joe
I agree, we need an on ramp for the hedera native ...

ideally an exchange such as Bitrue, which already supports and has listed HTS tokens should support hUSDC.

0
06.08.2022
Joe-
DMN MNN
Do you know what the fee is with hashport bridge?

It’s relatively low, I did it once. Hashport uses hedera for as much as possible to keep the fees down, so all you need to pay in eth gas fees is like maybe a dollar-ish per port, but it seems like you need at least maybe $200 of eth sitting in metamask just to get hashport to try to make it work. Hashport is admirable, but eth is still eth. Also when you bridge the erc-20 usdc and bring it over, it’s a different token than the native usdc token.

0
06.08.2022

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