Topic: World's Highest Fixed APY — Moox Protocol (Read 96 times)
Awesome Project, I think the high sell fees is why slippage is high as well and i'll consider that as an anti-dump mechanism, other than that every other thing is awesome and with time the rebase would cover up for the high sell fees. BTC
Sorry, I don't think I understand correctly. A slippage is a difference between the expected amount and the real amount earned on each transaction due to the volatility of crypto price. For example, I want to sell 1,000 MOOX at 0.1 BUSD each, the expected total amount will be 100 BUSD. However, due to the price volatility, my token's rate is valued at average 0.095, which gave me around 95 BUSD, and the slippage is around 5%.
The point here is, if my understanding is correct, slippage happened due to a price volatility and its rate is rather not fixed. So how do you exactly determine that your slippage is 15%? Wasn't it like fixing a price to be 15% higher and lower than what the investors buy and sell?
The point here is, if my understanding is correct, slippage happened due to a price volatility and its rate is rather not fixed. So how do you exactly determine that your slippage is 15%? Wasn't it like fixing a price to be 15% higher and lower than what the investors buy and sell?
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