Should we trade on the Sonic chain, how do we choose?
Tonight, Binance Wallet announced the reward pool for trading on the Sonic chain. Since it was previously mentioned that there would be corresponding airdrops for the Sonic chain, I have been consistently trading, about 200 USD daily. Based on my past transactions on this chain, the typical transaction fee is around 0.4-0.8 USD, but after this announcement, the fees will definitely increase. So how do we determine if we can continue trading?
1. Firstly, the trading depth on the Sonic chain is very shallow, which leads to high slippage. As more people trade, the depth will deepen.
2. Secondly, as more people trade, the network fees will increase. Just like when the BSC chain introduced double transaction amounts, the fees skyrocketed from 0.6 to around 1.
In summary, based on these two points, if the subsequent fees increase by 0.1-0.2 USD from the current level, I will continue trading on this chain, and all transactions will be conducted on this chain.
If you have any better insights, please leave a message.
#最近的一笔交易 #币安Alpha空投 #SONIC
