Xinhuo Technology researcher 0xLoki posted on the , friend.tech does not encourage holding keys, all actions are to encourage transactions and earn higher handling fees for itself. The reason why friend.tech is a scam rather than a revolutionary product is that it charges a bilateral 5% + 5% Rake (actually equivalent to 22%), and Opensea transactions only charge 2.5% + 2.5% per side, which is equivalent to 4.4 times the wear and tear of NFT." Based on the 22% data calculation, 0xLoki explained: "Buy one 1eth The key requires 1.1e, and if you sell it immediately, you can only get 0.9e, 1.1/0.9=1.22.”
Researcher: friend.techThe latest updates are all about earning high fees, rather than encouraging key holdings
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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