0 sats \ 2 replies \ @bitmatrix OP 27 Sep 2022 \ parent \ on: Bitmatrix AMA 🌊 bitcoin
The current L-BTC<>USDt pool has an LP fee tier of 0.25%. When creating a new liquidity pool, the default fee tier is set to 0.25% by default, although it can be adjusted to as high as 1% or as low as 0.01%. Note LP fee tiers are immutable, and thus cannot be modified once a pool is deployed. Multiple liquidity pools could exit with the same pair (such as L-BTC<>USDt ) but with different LP fee tiers. The swap page in the Bitmatrix web interface algorithmically picks the liquidity pool based on the best price.
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1 sat \ 1 reply \ @om 27 Sep 2022
OK great but I see this:
  • Volume: $128.00
  • Fees: $0.00
Shouldn't the fees be $0.32 (= $128 * 0.25%)?
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10 sats \ 0 replies \ @bitmatrix OP 27 Sep 2022
That appears to be a UI bug. 24h fees must be $0.32 indeed.
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