In a growing discussion among liquidity providers, many are seeking cheaper solutions for setting up liquidity pools amid dissatisfaction with rates like the $50 charged for Raydium v2 on Solana. Users are exploring alternatives as the crypto landscape evolves.
Several providers have pointed out that lower-cost options exist on Solana. One user noted, "around 0.3 SOL is pretty standard if you use the right tools." This indicates that while Raydiumβs fees may seem steep, other methods can offer significant savings.
Participants in the forums are sharing valuable insights:
Meteora, Orca, and Raydium's AMMv4 are highlighted as platforms offering concentrated liquidity pools with either no setup costs or very low fees.
Many users are finding platforms that streamline the process of launching tokens, claiming to save both time and costs. One commenter mentioned, "been using a platform that simplifies all of this β launch, trade, and manage wallets β all in one place."
Discussions also hint that some providers might feel "spoiled or cheap" expecting zero fees, reflecting the broader range of expectations across different blockchain environments.
"Yeah, totally get what you mean. $50+ feels like a lot" said one user who examined the costs critically, indicating a shared concern among users who are often testing new projects with smaller budgets.
Overall, there is a mixed sentiment regarding fees charged by liquidity platforms:
Participants appreciate the competitive landscape emerging on Solana, yet many express frustration over high initial expenses.
Users are optimistic about available alternatives that cater to varying project sizes and budgets.
πΉ Affordable Setup: Options like Meteora and Orca are gaining traction for their low costs.
π» Raydium Criticized: The $50 fee continues to draw ire from liquidity providers.
β User Support for Alternatives: Many users are excited to try new platforms that promise efficiency and lower costs.
As the year advances, the competition amongst liquidity services is heating up. Will major platforms like Raydium adapt to this evolving dynamic to keep their user base intact? Expect to see ongoing developments as liquidity providers explore a broadened range of cost-effective solutions.