🟣 on Nostr: Using #SideSwap (sideswap.io) as an example, they charge a 0.1% fee to peg in from & ...

Using #SideSwap (sideswap.io) as an example, they charge a 0.1% fee to peg in from & peg out to the main chain. They provide a swap market for things like liquid tether, and along with this an instant swap service where they take the other side for ~0.75% spread. These fees likely provide proper incentive. Transaction fees currently seem insignificant in comparison.

I'm looking forward to learning about & appreciate #Mutiny Wallet's hard work to integrate #fedimints. But also appreciate #Blockstream's great work with liquid and the use cases it fills now. I really hope Fedi & Mutiny teams take advantage when appropriate of the knowledge, technology, & research Blockstream has provided with liquid.