Reduce/remove ''trade-in'' fees
C
CS
Since the introduction of trade-in fees, there has been a drastic decrease of swaps on the platform. We can see it on Ovols, there has been no swap for 24 hours. This was the competitive advantage over Hadeswap, free swaps allowing arbitrage between the rarities too. Maybe a temporary reduction to see if swaps goes back up?
Jaidha
There’s actually been 5 trade ins in last 24 hours. They just show up as a sell/buy in the activity
The trade in model is better for LPs and has dramatically boosted our volume since it’s release
We don’t have plans to revert back to exchange
C
CS
Jaidha: Isn't the volume boosted by sales instead? Because the spread is slightly better now than the other AMMs, sellers quickly choose between Elixir and the others platforms. At the level of swaps and fees generated, you do not have a drop ? Genuinely asking because it would be interesting for you to compare income related to fees of swaps before and after. With a ratio number of swaps/fees generated in both cases.