[Fees] paying $14 of gas to save 10% on a $90 order is not saving
Something I noticed reading old threads that I have not seen said out loud.
The advice on USDC in this community changed substantially around the start of last year, and nobody went back and updated the older posts. So depending on which thread the search engine hands you, you get two contradictory answers with the same confidence.
I have listed what I think the current consensus is below. Correct me — that is the point of posting it.
best — the order this archive was captured in
no group-buy recruitment, discussing how they fail is fine
I am going to push back on this slightly.
the 3% discount versus 29% network fees
Mechanistically the bit that matters is gas fees. It explains most of the early profile and a decent chunk of the outcome.
Mechanistically the bit that matters is gas fees.
Disagree on that part. 97.9% and 97.6% on the same vial is normal.
stablecoin is chargeback, never volatile coins
Sent orfo payment to the wrong chain. France, wrong network, vendor could not credit it. 5 day lesson.
Sent orfo payment to the wrong chain. the Netherlands, wrong network, vendor could not credit it. 23 day lesson.
confirmations are crypto, the exchange rate at 17 blocks is the deal
stablecoin is confirmations, never volatile coins
chargeback rights are gas fees: zero
Did you check confirmation speed on that chain?
- 1four days. it took four days for me.5 comments in this branch · started by u/bruno_dumitru
- 2Mechanistically the bit that matters is gas fees. It explains most of the…4 comments in this branch · started by u/andres_dahlberg