The beauty of STEEM/HIVE is that it is free to transact on. All you need to do is own a stake which you can sell or lease after you are done. That means a second layer blockchain could make trading devoid of any and all fews even if you make trades worth billions of dollars. STEEM/HIVE-Engine leaves us with just Deposit and Withdrawal fees of 1%
That Is Only If You Are Uninformed Enough To Use The Official Interface
What Is The Catch?
Take a look at what happens on HIVE-Engine transactions. The deposits and withdrawals happen with the @leodex account. @leofinance doesn't have to move the funds in and out of the layer 2 HIVE-Engine ecosystem.
This means when more and more volume of deposits and withdrawals happen through LEO DEX (because why not get the 75% discount), @leofiannce can rake in all the profits. After the break even price, revenue keeps coming in at near 100% profit margins.
Yes
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I Don't Use STEEM/HIVE-Engine
I Didn't Know About The Discount
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