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Our wallet currently does not account for the bonder fee, which results in the following discrepancies:
1. Incorrect Calculation of Maximum Amount: The maximum amount available for transfer is inaccurately displayed, leading to confusion for users.
2. Misleading Final Value(which has higher priority): The final amount received by users is not accurately reflected, particularly in transactions involving smaller amounts. For instance, when sending 0.5 DAI from Optimism to Arbitrum, users are shown that the receiver will receive 0.497 DAI. However, the actual amount received is only 0.23642046 DAI due to the bonder fee deducted by the Hop bridge (so on small amount it can easily be more 50% of the initial value)
While this discrepancy may be less noticeable in larger transactions, it misleads users and undermines their trust in our platform.
Steps:
Perform transaction which includes bridging. For example: send 0.5 DAI from Optimism to Arbitrum
Before Signing the transaction pay attention what final receiver amount is shown on Confirmation screen in Status App
Compare the actual received amount to the amount shown on confirmation screen after transaction is completed.
Actual result:
0,497 DAI is shown in Receiver gets
Actual amount received by receiver is 0.23426246 DAI
churik
changed the title
Wallet does not account boundary fee in transactions which include Hop bridging
Wallet does not account bonder fee in transactions which include Hop bridging
Aug 21, 2024
Our wallet currently does not account for the bonder fee, which results in the following discrepancies:
1. Incorrect Calculation of Maximum Amount: The maximum amount available for transfer is inaccurately displayed, leading to confusion for users.
2. Misleading Final Value(which has higher priority): The final amount received by users is not accurately reflected, particularly in transactions involving smaller amounts. For instance, when sending 0.5 DAI from Optimism to Arbitrum, users are shown that the receiver will receive 0.497 DAI. However, the actual amount received is only 0.23642046 DAI due to the bonder fee deducted by the Hop bridge (so on small amount it can easily be more 50% of the initial value)
While this discrepancy may be less noticeable in larger transactions, it misleads users and undermines their trust in our platform.
Steps:
Actual result:
Receiver gets
Link to transaction at hop explorer https://explorer.hop.exchange/?transferId=0x86e020584d98b600cde1f2d284b90162de2b2e773229adccfe6126b7ac9c5a29
Status-debug-logs - 2024-08-21T101234.382.zip
Additional Information
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