Jump to content

XRP provides a discount using ILP?


 Share

Recommended Posts

10 hours ago, cryptoclub said:

Just a quick question, the design of ILP offers a discount for payments if they opt to use XRP, is this correct, and if so how much of a discount? Thank you.

ILP doesn't offer any "discounts". Market makers/connectors *could* (in theory) offer better exchange rates/lower fees if banks decide to use XRPs.

Edited by T8493
Link to comment
Share on other sites

5 hours ago, cryptoclub said:

Just a quick question, the design of ILP offers a discount for payments if they opt to use XRP, is this correct, and if so how much of a discount? Thank you.

By having ILP nodes, you could earn only from fees. 

Link to comment
Share on other sites

13 hours ago, cryptoclub said:

the design of ILP

Technically, I think the answer is no, there is nothing in the outright design to offer some sort of "kickback" or "discount".  Anybody else feel free to correct me on that!  (It would be a welcome surprise)

However, there are inherent value propositions to using XRP:

5 hours ago, RedDragon said:

Yes!  @RedDragon

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.