Surprisingly it doesn't! High fees are mainly meant for arb bots who are arbing between different exchanges. They take the trade even if there's a small profit. This happens so fast, it won't even affect retail traders, by the time the action is over pool is back to normal.
Toxic flow because the pool is selling an asset that's mispriced, dynamic fee fixes it.
@blockabyte@SolidlyLabs Well, which? It ranges from 0.15% to 1.4% in this chart, depending on the market situation. It perfectly fits the market as you see arbitrage bots (toxic flow) taking the trades.
Solidly has pioneered and perfected dynamic fee algorithms since 2023 ๐ ๐ง
VolaSenseโข is now live on our first #Sonic pool: $S/USDC โ
First concentrated liquidity AMM in the world to offer this feature, protecting LPs from toxic flow โ๏ธ
Chart: Fee modifications (24h) ๐ ๐
Slipstream V2 arrives this month.
It will combine DeFiโs most performant pools with fees that adjust dynamically based on volatility.
Finally delivering an onchain order book like experience that delivers maximum rewards back to users.
@fantomfamilio @MemeboxFi If your plan is to lock or burn liquidity, it should be the main liquidity because it'll allow you to earn fees while it's burned/locked. Not sure of your plans but Memebox is the only DEX on any EVM chain that offers this.
Superflow campaigns are back and now live on #Sonic ๐ฅ ๐
Any coin on #Memebox and their communities can now create arbitrage and buyback campaigns to DCA into their favorite coin(s) while boosting volume with arbitrage incentives ๐ง
โก๏ธ Head over to https://t.co/gx0LbAft6R โจ
2 hours until #Solidly's first epoch on #Sonic $S ๐
Make sure to get your vote in! ๐ณ๏ธ โ๏ธ
$GOGLZ is the #1 yield pool on all of Sonic, additional bribes have been deposited ๐ซถ ๐ฐ
Use https://t.co/4szYSxKgWD to bridge in bluechips, https://t.co/4wT08R5T3Q for $SOLID & veSOLID โ๏ธ
@TheRekter_2042@DgenGoat I can assist if there's some emergency case like there was in Silver, otherwise I'd like to take a "hands off" approach, busy with many things rn.
@DgenGoat no im actually not in cto team, just actively helping during this migration phase then focusing on solidly/memebox development again, but ill be there if anything is needed