on screen vs binance pricing this morning. I do a spot check before new buys
Discussion
Binance is an exchange, they are executing their own book
not sure thats relevant here jack.
LPs are sourcing pricing from exchanges like binance, coinbase, bybit
You have to factor in free withdrawals. Not everyone does that
liquidity providers don't bake withdrawals costs into their streaming pricing. its deminimus and baked into an aggregated daily settlement.
I’m talking about the users pov. If you buy $20 and withdraw on chain as orange pillers do, then having free withdrawals vs ~$2 mining fee is not nothing.
That's not the point here Dre.
My POV isn't relevant here.
I asked Jack if he would lean on his LPs a bit. I work for one, sometimes they get a little lazy on pricing.
The LPs POV matters here.