Compared to the statistics of
first month, Poorbot is growing quickly. That's a huge achievement in just 4 months. The exchange fee was 0.3% when you launched your exchanger. When and why have you increased it to 1.2%? Wasn't the 0.3% fee rate enough to generate revenue? Anyway, you have to update the image in your main post with the current fee rate.
Thanks! Yes, we launched with 0.3% and after a while it was announced on the website it would go up to 1.2% on 6 March
0.3% was a great way to reach more users, but it wasn't sustainable in the long run because of the constant need of liquidity and rains sent
I think it's still pretty good, compared to other instant swap services
Also thanks for reminding me about the image, I have updated it now!
Understandable enough to increase your exchange fee, you started it with 0.3% can be considered as promotion to gain customers and of course you will not give you enough profit if you keep the 0.3% forever because I'm sure you need to pay some things for operation of your exchange bot.
1.2% is still good, at least it is still smaller than your competitor and hopefully you can keep this for long time so you can gain more customers (at least to invite the customers from your competitor LOL).
Maybe you can also offer a bonus for your loyal customers, bonus such as free exchange fee after 10x transactions or free exchange fee after a total XXX$ transactions.