HoneySwap needs to attract more liquidity providers!
Without LP-s HoneySwap is useless!
Because of impermanent loss the LP-s are leaving the system for better places.
HoneySwap should increase the swap fee to make it worth to be an LP on honeyswap! I think at least double fee: 0.6%!
When you create good APY for LP-s they will come!
Swap fee would be still low for the users compared to Mainnet! They wouldn’t even notice the increased fees.
In return users can benefit from less slippage and choosing from more tokens.
It’s a joke how high is the slippage on most of the tokens on Honeswap because of the extremely low liquidity. It scares away the new users!