Hi Geovanio007 👋
Appreciate the feedback! Withdrawal and deposit fees actually exist because of our own layer 2 solution.
The options with our Ethereum based protocol:
1) Run on Ethereum: Pay gas fees on every single trade or action. Only pay ETH transfer gas fees on deposit withdraw.
2) Layer 2 Chain: Pay 0 fees 99% of the time, including 0 fees on trades. Pay gas fees on withdrawal or mainchain deposit (credit card deposits don’t cost gas).
We chose and prefer option 2 because just like you said, we thought a normal user would not appreciate needing ETH all the time, especially for trades.
As for Loopring, great project, but we’re not an orderbook based dex. We’re not even a dex. Our protocol is unique in having no counterparty or order matching whatsoever.
I’m quite proud of our layer 2 plasma sidechain, it’s based on a paper from Vitalik and took us several months to perfect. We have a small blurb on it in the Whitepaper on page 11.