calebdame on Nostr: Thanks, that's also what ive found to be cheapest so far at 0.1% I was hoping to find ...
Thanks, that's also what ive found to be cheapest so far at 0.1%
I was hoping to find smaller or a flat fee based solution, but it works for now. 0.1% is much less than any trading fees / premiums.
One of the downsides of peg-outs being limited to federation members may be a decreased incentive to drive those fees down. There is no reason they *need* to be fractional fees since they are the ones that ensure the 1:1 peg (no need to provide liquidity), but there are only so many people in the market that can step in to provide such a service
I was hoping to find smaller or a flat fee based solution, but it works for now. 0.1% is much less than any trading fees / premiums.
One of the downsides of peg-outs being limited to federation members may be a decreased incentive to drive those fees down. There is no reason they *need* to be fractional fees since they are the ones that ensure the 1:1 peg (no need to provide liquidity), but there are only so many people in the market that can step in to provide such a service