How does moonbean benefit from MRL? Is there a transaction

Question

Moonbeam & Moonriver Official

Dylan

How does moonbean benefit from MRL? Is there a transaction

fee to move the Liquidity that wormhole and moonbeam get?

#blockchain #cryptocurrency #english #moonbeam

0

27.09.2023

6 ответов

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Dylan Автор вопроса

SvPatrik | NEVER DM YOU FIRST
Moonbeam benefits from the MRL program by acting a...

Is there a breakdown on the fee structure? How much wormhole gets and how much moonbeam does? Could we get an example of the fees accumulated from the 5 million liquidity hydra did through MRL? And what happens with the fees? Do they go to buying glmr and burning, treasury, something else?

0

27.09.2023

Jose Crypto

Is only a tx that pass on Moonbeam, only that now the user dont need to stay on Moonbeam and to the xcm manually

0

27.09.2023

Dylan Автор вопроса

SvPatrik | NEVER DM YOU FIRST
Moonbeam benefits from the MRL program by acting a...

Is there a breakdown of the fee structure? How much Moonbeam gets. How much wormhole gets. Maybe an example could be how much fees accumulated from hydra with the 5 million liquidity it accessed through MRL

0

27.09.2023

Kevin | Moonbeam

Dylan
Is there a breakdown of the fee structure? How muc...

Great question. Moonbeam takes no fee on MRL, there is just the typical network fee. Wormhole charges less than a penny for bridge transactions (the majority of the fee that you see is gas fee)

0

27.09.2023

Jose Crypto

Dylan
Is there a breakdown of the fee structure? How muc...

and for those behind other parachains, they will have a precompile that enables the direct path to their parachain, in a simple way It is a win-win, both for users (fewer clicks) and for parachains (use Moonbeam like gateway and not need to create a bridge and automatic mostly)

0

27.09.2023

SvPatrik | NEVER DM YOU FIRST · Accepted Answer

SvPatrik | NEVER DM YOU FIRST

Moonbeam benefits from the MRL program by acting as a port parachain for liquidity from origin chains into other Polkadot parachains. Transaction fees are charged. https://moonbeam.network/announcements/moonbeam-unlocks-billions-wormhole-liquidity-solving-fragmentation-polkadot-ecosystem/

0

27.09.2023

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How does moonbean benefit from MRL? Is there a transaction

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