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RE: LeoDex: A True Decentralized Exchange

in LeoFinancelast year

wow there's no fee how come the output is greater than your input O.o how does that wrok.

not bad hope we can see 1 million in volume O.O

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It is essentially an arbitrage on the two pools.

dont the bot sclear those tho

Nope. Essentially, there is a built-in arbitrage mechanism between the LEO:SWAP.HIVE and LEO:CACAO pools

When a user swaps using the LeoDex interface, the HIVE swap arbitrage is automatically passed on to the user

Sometimes this is a profit, sometimes this is a loss. I’ve found that it’s a profit at least 20% of the time. Which means that instead of paying fees, you’re actually getting paid to make your swap because the pools are imbalanced

hmmmmm I'm not that technical lol i always thought there were arbitrage bots that made it so they could always take advantage of that situation? and they balance the price until same?