stablecoins in(to) Waves eco without losing too much on fees/slippage?
Situation:
I want to buy some stablecoins, selling 500 WAVES.
Current price on Bybit WAVES/USDT 1.10
Price on Waves chain: 1.0468
Alternative, I can sell it on CEX:
1. send WAVES to CEX,
2. buy some ETH (not going to make a $5 withdrawal, at least $200)
3. buy USDC
4. withdraw ETH, fee $2.10
5. withdraw USDC, fee $2.10
6. PPT bridge USDC to Waves wallet fee $4.50
*And ETH fees are even quite low now, easily 2-5x oftenly.
There is no solution and yeah thats not good
maybe consider bridging from different chain than eth and swap to erc20 version on waves? polygon should be cheap, or bnb maybe (depends on what your cex support) it could save at least few bucks
There’s only one problem, you don’t pump liquidity pools, but you want there to be no slippage)
Thx, I have thought about it, it does require 2 more trades, probably save some bucks.
Sorry, I don't understand you
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