npub1d0…xxdvf 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.
Published at
2023-12-31 14:19:07Event JSON
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"content": "Using #SideSwap (sideswap.io) as an example, they charge a 0.1% fee to peg in from \u0026 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.\n\nI'm looking forward to learning about \u0026 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 \u0026 Mutiny teams take advantage when appropriate of the knowledge, technology, \u0026 research Blockstream has provided with liquid.",
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