️New swap limit mechanics️. Dear community,.
14 Jan 2023, 10:07
❗️New swap limit mechanics❗️
Dear community,
This week the Neutrino team has been closely monitoring the new USDN->WAVES swap limit mechanics and we figured out that it does not fully meet our expectations. We also received a few reports from the community claiming that with the new mechanics implemented it is still possible to make fairly high percentage of arbitrage profit.
We decided to reduce minCoefficient from 0.6 to 0.2. From now on the arbitrage profit will be limited to 15% while the peg value is not less than 0.2.
Same news in other sources
1
14 Jan 2023, 10:19
❗️ATTN
We decided to reduce minCoefficient from 0.6 to 0.2. From now on the arbitrage profit will be limited to 15% while the peg value is not less than 0.2.
We have been monitoring the new USDN->WAVES swap limit mechanics and figured out that it doesn’t meet our expectations.
️ATTN. We decided to reduce minCoefficient from 0. 6 to 0.
❗️ATTN
We decided to reduce minCoefficient from 0.6 to 0.2. From now on the arbitrage profit will be limited to 15% while the peg value is not less than 0.2.
We have been monitoring the new USDN->WAVES swap limit mechanics and figured out that it doesn’t meet our expectations.