2024.11.18 - 2024.11.24
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Galaxy @willnuelle shared a post explaining the economic mechanism of BitVM:
The post focuses on the impact of three economic factors on user fees: transaction fees, BTC risk-free interest rates, and operator earnings.
The conclusion is that due to the challenge period, the staking yield of the operator becomes the primary factor influencing user fees.
For example, assuming a 14-day challenge period and a 10% annualized staking yield, the user fee would be approximately 0.38%.