I think this is basically advertisement. It is very likely that those app are paying a lot of money to appear in the "discover " tab
Most probably, yes. Ledger isn't running a charitable organization, so if you want your name mentioned in their app, you most certainly have to pay for it. That's how advertising works. Do you remember that 1xBit at one point appeared on Bitcointalk? Theymos quickly rectified the mistake and wrote that he wasn't aware of the casino's reputation. And why would he be, if he isn't a gambler himself? The point is, no one thinks any less of theymos for selling 1xBit ad space, and I wouldn't do that in this particular case either.
Personally, I think this is bad for Ledger. They are endorsing (indirectly) those projects, which some may turn out to be unsuccessful or just scams.
I agree, and it would be interesting to keep an eye on the brands that appear there and what happens with them in the future. Honestly, this is the first time I hear about ParaSwap and some of the other names that are mentioned to be included in the future. I wonder how quickly Ledger would end their partnership with that particular brank if they turn into a scam?
But, I don't like to see all those ads in my wallet ui
I don't think you will see them unless you enter the Discover section of Ledger Live.
I was interested in checking the rates you get from ParaSwap through Ledger Live and the ones shown when you visit the official app at
https://paraswap.io/. The reddit link above was true regarding the rates on LL being worse.
At the moment when I took the screenshot, the official website showed that for 1 ETH you would get 2798 USDT.
Ledger Live had an exchange rate of 1 ETH = 2771 USDT.
That's a difference of $27 and a nice earner for Ledger
I am not sure if those are the hidden fees that one user mentioned on reddit. You will lose plenty of money exchanging through LL, but if they show you the correct sum and you agree to it, I don't consider that to be a hidden fee.