Welp, considering the only option for those people is to do their transactions on the ETH side for huge fees or just sit on their tokens, I don't see what the concern is. They either stay where they are and pay huge fees or they find a way over to BSC and pay much less. The easiest way to get to BSC will be one-click on the LeoBridge. The easiest way back will be one-click on the LeoBridge.
You also have to remember that many of the transactions taking place on ETH are either large transactions involving ETH or ERC-20 tokens, or they are profits moving into and out of alts that have gone 2x, 3x, 10x, whatever. I've had more than a handful of those over the last couple months and as much as it sucks, the fees are not a huge consideration for when I need to move and where. They're just the cost of doing business unfortunately. Once the LeoBridge is operational, I fully plan on moving a few of the ones I have left over.
Posted Using LeoFinance Beta
Yea I guess it will give people a way out of ETH. If you are earning profit then the fees aren't that bad. I guess there could also some people who take advantage of arbitrage to send coins from BSC to ETH to earn money as well.
Posted Using LeoFinance Beta
You summed it up.
Posted Using LeoFinance Beta