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Currently we define a 5% fee for Mykobo in order to calculate the final amount the user will receive. This is incorrect.
TODO
the actual fee is 1.25% instead
currently the absolute fee is calculated by rounding down, instead it needs to be rounded to the closest cent value (e.g., the fee for an input value of 1000.4 is 12.51, not 12.5).
The text was updated successfully, but these errors were encountered:
@TorstenStueber For the implementation of this fix, we should do it in a way that is not fixed for all off ramping currencies but different for each as each anchor that is off ramping the asset is expected to have a different fee.
Currently we define a 5% fee for Mykobo in order to calculate the final amount the user will receive. This is incorrect.
TODO
The text was updated successfully, but these errors were encountered: