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Trading Fees explained
Given that El Dorado Exchange is not a primary market maker, but rather leverages off of existing price discovery, there are several risks that we are exposed to. To protect liquidity providers from forms of manipulation that manipulate oracles from trading on CEXs and then take the counter position on our exchange, EDE has several different fee mechanisms in order to prevent liquidity providers from manipulative behavior & opportunistic traders.
There are 5 different layers of protection we have that ward off traders