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If you are retail and have 0 staked $LIT and just want to trade for free, you will have slower orders (around 200 millisecond latency).
Hedge funds or high frequency trading firms don't like being slow / employ strategies based on speed. If they want to trade on Lighter where retail traders are, they will need to stake 500,000 $LIT.
Right now, that's around $575k USD worth of $LIT (current price $1.15). It will get more expensive as $LIT bottoms out.
gLighter 🕯️
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