3 ms·
They get a cut in both directions.
by cbm-vic-20 4y ago
They get a cut in both directions.
- mertd 4y agoThat's why the parent emphasized "trading stops", as in there is no trading in any direction.
- dwater 4y agoBoth directions meaning buying and selling, not active market and dead market like the parent comment is talking about. What's their cut of trades on Terra today?
- dpbriggs 4y agoTheir revenue is proportional to volume. Which we can expect to eventually plummet as people are skittish to enter and happy to exit.
- ineedasername 4y agoAnd their revenue is dollar denominated. Even if the volume of coins traded remained the same, if the dollar-denominated value of those coins drop then so does revenue.