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by cbm-vic-20 1466 days ago
They get a cut in both directions.
3 comments

Both directions meaning buying and selling, not active market and dead market like the parent comment is talking about. What's their cut of trades on Terra today?
Their revenue is proportional to volume. Which we can expect to eventually plummet as people are skittish to enter and happy to exit.
And their revenue is dollar denominated. Even if the volume of coins traded remained the same, if the dollar-denominated value of those coins drop then so does revenue.
That's why the parent emphasized "trading stops", as in there is no trading in any direction.