Why the DEX fees are so high?? Can anyone explain?

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DeFiChain - International

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Why the DEX fees are so high?? Can anyone explain?

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#blockchain #cryptocurrency #defichain #english

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28.01.2023

3 ответов

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DcShel Shelton

DanieL BaptistA
Dex fees are quite low, likely the lowest ones you...

Where is this posted where we can share it with others so they don't have to take my word for it. (About the 30% DEX fee reduction amount and that it begins when we reach $1 )

0

29.01.2023

Kassius84

DcShel Shelton
Where is this posted where we can share it with ot...

Check https://www.defichainwiki.com/docs/auto/DEX_Fee_Structure https://twitter.com/tickercouncil/status/1577191446607966208?t=txKlunw9cnit6g85IsKUKA&s=19

0

29.01.2023

DanieL BaptistA · Accepted Answer

Dex fees are quite low, likely the lowest ones you will find anywere. There are even proposals to lower them even more! The only fee that is high is the stab fee on dusd->crypto that is currently on 30%. This dex fee exists due to the currently fixings undergoing on the dusd. Once it reaches 1$ as intended, the fee will be reduced at 0.5% each day at 1$ until reaches 0%, only usual fees will be applied after that. If you use services solely based in dCrypto or dStocks, this is not applied, only when you want to swap dStocks to dCrypto, then it's applied. As said, once dusd reaches 1$ this fee will start it's reduction. Currently, dusd is already higher than 90c.

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Why the DEX fees are so high?? Can anyone explain?

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