Wu said that Meteora community member gosha questioned the main reason behind the largest Prop AMM, HumidiFi, conducting an ICO, stating that the team isn’t making money. According to gosha, although HumidiFi accounts for nearly 50% of Solana DEX trading volume, they charge extremely low fees, such as 0.001% or even less. gosha mentioned that as an LP, even a 0.04% fee rate is hard to maintain profitability, and HumidiFi’s much lower fees cannot offset hedging costs or rebalancing losses. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=52940