CRYPTO NEWS

JIXO

#JIXO #TheSupremeTeam
Artist Name: JIXO

Who are you?

im a man with respect that's i smile for this damage world

Where are you from?

hi im from palestine im trying to show my art to ppl and let them now im here cuz life is shot i would like to talk about my life and how this world be like you feel me

How can we follow you?

for now on soundcould cuz im new: https://soundcloud.com/jixo3/im-demion-love?utm_source=clipboard&utm_medium=text&utm_campaign=social_sharing

Song Title: IM DEMION LOVE

Listen to JIXO:

Source: https://supremepr.us/

How buyTokenPercentageFee is calculated in 0x

I am using a 0x Quote API to convert BUSD to USDC by exploring the feeRecipient and buyTokenPercentageFee but have confusion in the calculation. Initial Quote without buyTokenPercentageFee Request https://bsc.api.0x.org/swap/v1/price?buyToken=USDC&sellToken=BUSD&sellAmount=100000000000000000000 Response { "chainId": 56, "price": "0.9997365742860093", "estimatedPriceImpact": "0", "value": "0", "gasPrice": "5000000000", "gas": "250000", "estimatedGas": "250000", "protocolFee": "0", "minimumProtocolFee": "0", "buyTokenAddress": "0x8ac76a51cc950d9822d68b83fe1ad97b32cd580d", "buyAmount": "99973657428600930000", "sellTokenAddress":::Listen

I am using a 0x Quote API to convert BUSD to USDC by exploring the feeRecipient and buyTokenPercentageFee but have confusion in the calculation.

Initial Quote without buyTokenPercentageFee

Request

https://bsc.api.0x.org/swap/v1/price?buyToken=USDC&sellToken=BUSD&sellAmount=100000000000000000000 

Response

  {     "chainId": 56,     "price": "0.9997365742860093",     "estimatedPriceImpact": "0",     "value": "0",     "gasPrice": "5000000000",     "gas": "250000",     "estimatedGas": "250000",     "protocolFee": "0",     "minimumProtocolFee": "0",     "buyTokenAddress": "0x8ac76a51cc950d9822d68b83fe1ad97b32cd580d",     "buyAmount": "99973657428600930000",     "sellTokenAddress": "0xe9e7cea3dedca5984780bafc599bd69add087d56",     "sellAmount": "100000000000000000000",     } 

The buyAmount am receiving is 99973657428600930000 (99.97 in ether)

For the same quote if I apply buyTokenPercentageFee as 1 the quote I receive is

Request

https://bsc.api.0x.org/swap/v1/price?buyToken=USDC&sellToken=BUSD&sellAmount=100000000000000000000&feeRecipient=0xa8aac589a67ecfade31efde49a062cc21d68a64e&buyTokenPercentageFee=1 

Response

{     "chainId": 56,     "price": "0.009996",     "estimatedPriceImpact": "98.9299",     "value": "0",     "gasPrice": "5000000000",     "gas": "255000",     "estimatedGas": "255000",     "protocolFee": "0",     "minimumProtocolFee": "0",     "buyTokenAddress": "0x8ac76a51cc950d9822d68b83fe1ad97b32cd580d",     "buyAmount": "50479800000000000000",     "sellTokenAddress": "0xe9e7cea3dedca5984780bafc599bd69add087d56",     "sellAmount": "100000000000000000000"    } 

The buyAmount am receiving is 50479800000000000000 (50.47 in ether). Which does not look like 1% of buyAmount. The percentage its applying is nearly ~50%.

So if anyone can explain how its been calculated will be great.

Thank you

JIXO

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