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1 sat \ 4 replies \ @ek 1 Sep \ parent \ on: @ccbank's bio
you are not considering sybil fees

You sure? What do you think I’m doing here:

you send 14286 credits · bot receives 10000 credits

I think you are confused because there are many ways to express an exchange rate, and my way of expressing it doesn’t match yours.

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1 sat \ 3 replies \ @AGORA 1 Sep

You are not, because if, as a buyer, I take your 0.5 rate as true, when I zap 14286 I will expect the bot to pay 7143sats, not 5000sats

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1 sat \ 2 replies \ @0xbitcoiner 1 Sep

I think there could be some confusion if he hadn’t said “bot receives 10,000 credits.”

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1 sat \ 1 reply \ @AGORA 1 Sep

I think another confusion is about having the fees included or excluded. For example, in my 0.91 rate, I include the 30% sybil fees but I also consider the 21% rebate applies when trading in with the ~AGORA territory. That's what allow me to offer a better rate.

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1 sat \ 0 replies \ @0xbitcoiner 1 Sep
I think another confusion is about having the fees included or excluded.

I agree, this could cause some confusion. I think the fee should be included so it doesn’t create false expectations or make it feel like a scam.

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