Alright so I have been checking out 1inch and I must say, I am absolutely loving the interface. However, when I compare swaps with 1inch and myetherwallet (which uses 1inch as one of their swapping partners), I get two wildly different rates. Why exactly is this? Is someone trying to make a pretty penny by being a bit too greedy or is this something else?
Seeing as 1inch is one of the rates provided by myetherwallet swaps, shouldn't this be almost the same rate? Is MEW getting a worse deal because 1inch wants to funnel the defi crowd towards their own website?
If I were to go on pancakeswap, I would see a liquidity fee of about 7 busd. Still not that bad. Not as good as 1inch but still. I would love to know what everyone thinks of these practices, especially those who understand Defi much better than me. How can MEW possibly demand (secretly) over 80 BUSD on a swap on the bsc blockchain?