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29870859 No.29870859 [Reply] [Original]

Can someone please tell me why anyone in their right mind would pay more than double the fees of Binance? I'm pretty sure serious HFT traders don't have ethical dilemmas about 'muh centralization'.

>> No.29870926

Too bad there are no dexes out that have hft

>> No.29871016

>>29870859
>Double fees
Anon are you retarded?
>>29870926
Stakenet....

>> No.29871109

>>29871016
vaporware

>> No.29871230
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29871230

>>29871016
>Trading Fees

>When the DEX is launched, we will initially charge a 0.25% trading fee though this is subject to change, especially as more trading volume flows into the DEX.

>> No.29871254

>>29871109
How is it vapourware?

>> No.29871310

>>29870859
Stakenet doesn't have double fees... Not to mention the fee structure pays you to trade (negative fees).....
>>29870926
Stakenet can do HFT..... Stress tests have already proved this.

>> No.29871323

>>29871254
I am an insider and the dex is in shambles. Team funding is only there to keep our mouths shut

>> No.29871451

>>29871230
>Our plan is to operate with a Taker pays Maker structure so market orders pay 0.25% and limit orders have negative fees. This is done by a 0% fee for Makers and 0.25% for Takers. The Maker will be paid between 45–67.5% of the fees from each trade made with them depending on the total DEX volume. This essentially makes negative trading rates for Makers, compared to at best 0% on a spot exchange giving a very strong incentive to trade on our DEX and provide liquidity over anywhere else.

This is expected to go live with Prometheus note it's already 75% done.

>> No.29871477
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29871477

>>29871451

>> No.29871502

>>29871323
Im in the closed beta. The dex is fine faggot. You have less than 2 months,. NOw get back to your cagie wagie. You need shekels for. Ore stakies.

>> No.29871552

>>29871477
Checked. Do you understand now?

Also read this if you haven't already
https://medium.com/stakenet/hydra-dex-network-upgrade-proposal-4b00a3a3fb8

Taker/maker fee structure comes before hydra so just fyi.

>> No.29871614

>>29871477
Checked. Grant is that you?

>> No.29871859

>>29870926
>>29871109
>Too bad there are no dexes out that have hft
>vapourware

>https://orderbook.stakenet.io/monitor/xsn_btc
>$ 2,938,500.55 USD volume this month
>188 236 trades this month

>https://orderbook.stakenet.io/monitor/ltc_btc
>$ 1,139,110.21 USD volume this month
>62 647 trades this month

>https://orderbook.stakenet.io/monitor/btc_usdt
>$ 19,977.70 USD volume this month
>5105 trades this month

All this was stress testing done this month and the BTC/USDT tests have only just begun a week/2weeks ago.

>> No.29871956

>>29871323
I'm in closed beta and still a few bugs to go. I think it can be finished in April. Maybe March. It's making decent progress.

>> No.29872230
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29872230

>>29870859

>> No.29872392

>>29871859
Extremely based and fudders btfo.

>> No.29873519
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29873519

>>29871859
Very based sir now delete

>> No.29873758

>>29871230
XSN has taker pays maker fee structure, so you can have negative fees as well.
Binance has fees on both sides of the trade so real fee is 0.2%

>> No.29875121
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29875121

>>29873519
No

>> No.29875260
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29875260

>WBTC
Kek, they have no idea what's coming.

>> No.29875822

>>29871230
Lol ok now we know you're a holder. No one followed the optoelectronics this closely just to provide misleading statements that leave out key facts.

Fees are 0.25% but makers get paid by takers, as stated by >>29871451.

Stop the games you schizo shitbag.

>> No.29875903

>>29871859
>https://orderbook.stakenet.io/monitor/xsn_btc
it's live? Do I need to run a node to trade?