Viewpoint: The LP set by YZY developers allows traders to have implicit fee rates of 4-5%, due to excessive step sizes.

BlockBeats news, on August 21, according to crypto KOL @0xBiZzy, the LP set by YZY developers gained nearly 10 million dollars in fees in just a few hours. More notably, the LP Bin Step (price range) they set was excessive (100 instead of the usual 50), which caused the implicit fee rate for traders to reach 4-5%. This means that the total cost for traders to fully enter and exit amounts to about 10%.