/biz/ - Business & Finance

A lot of niggers have been shilling Rubic without knowing what it really is. A lot of pajeets have also been fudding it by lying and saying retarded stuff. So I will layout what Rubic is and isn't?

>What is Rubic

Rubic is a decentralized exchange where you scan swap coins on the Ethereum, Binance Smart Chain, or Polygon blockchains. It is run by Vladimir Tikhomirov, a computer science phd who has been in crypto for 6 years now. They are all white and there are no pajeets or niggers.

> Okay I heard Rubic was a pnd

This is retarded and I don't even think the nocoiner fudders spread this anymore. They literally are officially partnered with top players in the crypto game (DashPay, Binance Smart Chain, Polygon, etc) and have locked liquidity.

> I heard someone say x also does this?

In pretty much all cases, that is correct. All Rubic has as of now that is unique is one limit order pair (that is a proof of concept) and an interesting UI element that helps you pick out the cheapest ERC-20 instant swap.

> Okay so why buy Rubic then?

Rubic is an ambitious DEX in its infancy. Tare showing signs of what they will be. First, what are they not? They are not an AMM Dex yet ,they do not have farming or pools as of now. They don't have native L2 at this moment. However, Rubic is planning to have all the features of a regular DEX plus more. They will have their own AMM DEX on L2 as well as pools and farms. They have their own cross-chain swap between BSC and ETH and will add a variety of cross-chain swaps, including avalanche, tron, and polkadot. They plan to further flesh out their limit orders and add more pairs/ They plan to do a significant UI overhaul with night mode for the opticfags. They also plan to have an anonymizer for both L1 and L2 transactions, the essence of DeFI. No other DEX plans to do everything Rubic does, while, that doesn't mean Rubic will DOMINATE the DEX-sphere, it means they will carve out a strong, respectable niche and have sold case usage.

Rubic hosted a clubhouse talk- here are the key takeaways

-Will implement a vast net of cross-chain swaps. Were literally in contact about an ETH-AVAX bridge a few hours before the event

-ETH-BSC has good amount of volume- will work on adding more pairs and ability to handle more txs once more liquidity is poured in

- WRBC on Polygon already done and WRBC for BSC very soon- this was said in the context of a CEX listing

- Will NOT tap into liquidity for pancakeswap, they will relock it

- CEX listing applications already started, updates soon

- Metrics on exchange volume for instant swaps and order books looking very solid

- Has a separate team working on native L2. Will work with Polygon and Loopring in the meantime.

- Vlad and Alexandra both confirmed that Rubic stays Cubic

- WAGMI boys