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When does the fish pond pay (When does the fish pond feed)?

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When does the fish pond pay? When does the fish pond pay? After users purchase E

When does the fish pond pay (When does the fish pond feed)?

When does the fish pond pay? When does the fish pond pay? After users purchase ETH, they will receive the corresponding amount of ETH.

According to the official announcement from Binance, trading on the Ethereum blockchain requires locking up 32 ETH before the trading can begin. This means that the assets in the wallet can only enter the funding account of the fish pond through locking up. Therefore, when there are problems with the exchange or insufficient liquidity, the assets need to be frozen for a certain period of time before payment can be made to the miners. If there is no such time point, miners can sell it directly for fiat currency or USDT to obtain profits, but this cannot meet the demand for large-scale exchanges (i.e. price drops), which may affect the miners due to network congestion, and these losses will also be borne by the miners themselves.

When does the fish pond feed

When does the fish pond feed? At block height 10,500 (approximately around 8 am UTC), users send their assets to the specified address, and the address will charge a certain fee based on the trading pair. If there is enough trading volume and it is not consumed, users need to pay about 3 ETH as a transaction fee. In this way, users can earn a lot of money because they can earn more profits. When a newly added pool starts generating income, these users’ deposits will be added to another new pool, which means that they will be traded on different exchanges to increase liquidity and attractiveness. (Cointelegraph)

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