CRYPTO X MEDIA ZONE
Degens Gone Viral
@uhonyn
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a1lon9 posted this screenshot; I shared a similar one weeks ago. People need to do the math: 5 daily $500 trades can cost you 6 figures/year in fees on stock pairs. When you run your onchain tax app this year, don't pretend you are shocked when you see the fees paid pic.x.com/AaeiuZ5KIL x.com/uhonyn/status/…
Trader Tom showed how just a ~1.5 bps gap on the FTSE between two brokers can cost a high-volume trader hundreds of thousands of dollars a year on 5 daily $300 trades.
Now look at the gap between Solana's solana:BPxx…jPCy and RH on tokenized stocks:
$100–$1k trades: 32 bps gap (2.7 vs. 34.7)
$1–$100 trades: 418 bps gap (11 vs. 429)
So how is RHC not an extraction scheme? What exactly will TradFi get out of using this chain, other than giving Vlad the opportunity to take the other side?
