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RE: Leo Talk 1/16/2021 -Come Join Our Chat by jfang003

View this thread on: hive.blogpeakd.comecency.com

Viewing a response to: @taskmaster4450le/re-leomarkettalk-2rufmk

· @jfang003 ·
Well I am also looking forward to LeoFI. I think the crypto run will continue for a while so I don't think we will be too late. However, we might lose some of the initial captial.

What type of gas fees with LeoFi have? Is it just RCs? Will it be used to put Defi on existing HIVE tokens or tokens from all markets?

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-taskmaster4450le-6qfwkd)
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@taskmaster4450le ·
Hard to tell at this time without knowing.  From what I understand about the system @disregardfiat is building, that uses RCs so no gas fee.  

But there might end up being a small fee at the app level like what Uniswap does.  However, the biggest fees, GAS, are gone with this system.

We will have to see what unfolds but it all will be very interesting.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-jfang003-4cx93u)
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@disregardfiat ·
This is correct. At the app level we can charge 0.25% and also a small fee for listing a buy order with hive/hbd(as these require collateral to hold open). Of course anybody who forks our DEX software can lower or raise these feeds to meet their needs. 
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