Hey folks,
Today I was really surprised when traders are willing to pay nearly 12% transaction fee to get slot to buy token of SpiderDAO.
As far as I know the way to join SpiderDAO's Presale is first come first serve, only 100 fastest people are chosen to buy tokens. So traders must choose Gas price more than 500 wei to scramble for slots.
Here's a picture I gathered from a member of SpiderDAO Presale's participation
What do you think about Defi's hype this time? Why are people willing to pay such a large fee like that ?