/biz/ - Business & Finance

>>22265926
Once Raiden is out this DEX will take a lot people by surprise on how good it is. Then people will fomo hard at $1+
Last chance to buy this low.

There’s millions of timelines, and we were dropped in the one where CZ posts scams to his platform and xsn exist

>>22265926
Fuck lightning integration coming up this fast already? Thought it was gonna take the rest of this year at the least

Uniswap interface on l2. Sick

>>22266140
Raiden is next, already successful on Linux, building it on windows now

>>22266553
Yeah my bad I meant raiden lel

If this happens what kind of coins are we expecting to show up on the dex

>>22266596
Every token on ethereum, retard

>>22266133
It feels as if this is what I was born to experience. As if destiny is playing itself out, and we are the forerunners of the cypherpunk future. It truly is the best timeline.

>>22266877
$5 when then

>>22266907
i dunno why you guys think this dex will be the dex the rule them all. i really don't see it.

The only thing this will need to become successful is to post custom token contracts like on uniswap.
We can't have a binance like listing model where the devs decide what is a legit token and what's a shitcoin, this is the only way we will btfo of uniswap, scams and please sir x100 attract big volume.
But again even without this this will be successful, I had binance block my withdrawals a few weeks ago and I had to send them videos of me holding my passport and showing emails etc... and that was only after I spammed their subreddit, I had 200k sxp there worth 400k$ at the time, it was all I had since I swinged on sxp at 80c... The feeling when they block your withdrawals is crazy, it was like being completely powerless when you realize the thing you worked for 3 years is controlled by someone else and only they can decide for you to have it back, so I decided to never use binance or coinbase to sell anything. Sure will eventually have to use them to cashout to usd but it will be in small quantities each day, and will never be for trading everything.

>>22266962
Care to tell us why?

>>22266962
What are your concerns? That others will beat it to Lightening/Raiden Integration? That you will actually be able to trade from your wallet? That fees will be drastically less than Uniswap?

Which one of those things is making it hard for you to see?

>>22266962
It's built to destroy your favourite chinese cexes in such a way, it can't be fucked by hacks or spoofs unless the entire dev team is assassinated.

>>22266962
Show me a dex with instant transactions and no ethereum fees... that already has working demos linux for raiden and on both for lightning.

>>22266962
Was there even a CEX to rule them all? There will be many DEXes but this will probably be the best of them>>22267016

how does the raiden <-> lightning integration work, technically speaking? like channels are opened up on both networks and a btc <-> eth swap is initiated?
ive used lightning channels over the dex beta and it works fine i just dont get how that is supposed to work cross blockchain, or why it would be platform-specific (i.e. linux only for the time being)

>>22266962
>no kyc, ever
>fully decentralized, no single point of failure to get shut down like etherdelta or idex
>you own your keys
>your money never leaves your wallet until you execute a trade
>cross chain interoperability, near instant swaps with any lightning or raiden enabled chain
>fees are minimal in comparison to on chain TXs
>newb friendly features of uniswap
>professional features of trading view
>order book with equal or more liquidity than any other single exchange platform
>no wrapped tokens so no need to read solidity or trust a potential rug pull smart contract

>>22267206
>no wrapped tokens so no need to read solidity or trust a potential rug pull smart contract

I thought they ARE using wrapped tokens for now?

>>22267049
loopring is zk, almost done. dydx/snx are working on zk 'layer2'. i don't see how the fee prices are much different from zk/raiden. like it's 0.00001c or 0.00000001c fair enough is eth hits 50kusd that might be a deciding factor in someone that does 50 trades a day.

>>22267138
yeah fair enough, but the other dex's hardly get any volume. the reason uniswap get's all the volume it does, is cause any mongo can list any token they want their in 5 clicks. people don't even try to get listed on other dex's because there's no point.

>>22267206
>no kyc ever
you know as well as i do that's subject to change. who the fuck knows what laws cunts will put in place, and if they want to trade usdt, they might have to do kyc (if sec gets their way with usdt). if any country adopts a digital money system, then you'll have to do kyc if you're interacting with that currency

> no single point of failure to get shut down like etherdelta or idex
right, but not unlike every other dex out there right now. which is a real dex hosted on the ether network nodes.
>>you own your keys
>your money never leaves your wallet until you execute a trade
riiiight, so just like every other dex with a wallet extension (all of them)
>>cross chain interoperability, near instant swaps with any lightning or raiden enabled chain
only good selling point so far desu
>no wrapped tokens so no need to read solidity or trust a potential rug pull smart contract
right, cause wrapped tokens hosted by smart contracts on the ether network are susceptible to rug pulling.

dunno man, just seems lack luster. apart from the cross chain swaps. if uniswap goes sidechain/zk with uniswap 3 then it'll just be the defacto dex. it's so easy to list there, and is doing a billion almost in volume already

>>22267462
Only wETH, but that's only because ETH doesn't currently comply with it's own standards, once it becomes Eth 2.0 it won't have to be. The tokens themselves do, and don't need to be wrapped, I guess?

>>22265926

i fucking hate ETH and it's disgusting fees

>>22267518
That's a lot of cope condensed into one post. Ngl I'm impressed.

>>22267697
FLARE/SPARK is ETH2.0, RULE THE XRPL

>>22266962
thats because you're a retard. not everyone is supposed to make it

>>22268137
Confirmed

>>22266962
LOL dude.
You just pissed on a hornets nest with that dumb Q hahaha

>>22267518
“Almost done” “working on”

One thing I will give you is that stakenet needs to make it easy to add tokens/coins.

anyone got that chart showing how much a node will make depending on xsn mcap?

>>22268423
'working on' and 'almost done' is the same as stakenet though, it's in beta as is loopring. there's like fucking 6 others in development also. all of them, probably including stakenet, will be full releases in 2021.

>easy to add tokens/coins
i think it's quite clear to see that without that option, it'll get the same treatment as other dex's. plagued with low volume.

>>22268356
>dumb q
>stakenet will be the best dex ever and get 10 gorillion trading volume cause we all said so. do not ask questions. only positive group think allowed in our threads

>>22266133
This. Didn't cz deleted his post? Binance on suicide watch.

>>22268618
Monthly blockrewards

>>22268618
Monthly trading fees

friendly reminder crypto cant advance without effective layer 2 solutions and Stakenet is the leading layer 2 solution.

nothing comes close.

we are so fucking early.

>>22268423
did the team say anything about the process of adding new tokens?

>>22269130
>did the team say anything about the process of adding new tokens?
Masternode governance. Contrary to popular belief, devs didn't actually add the coins to the DEX but through masternode voting.

>>22269425
Yeah and my masternodes will only vote for coins that pay me off.

Binance strategy

>>22269441
>Binance strategy
It's more of a global strategy though, Binance just stole that strategy.

They really need to let hub/masternode owners sell ERC20 coin shittokens to normies when they put in the contract in the swap UI

>>22269710
I hope scam coins dont get listed.

I did it bros, I got a node. I am glad I got it during this dip too.

>>22269812
Agree, but if want to see mass adoption I think we need the ability to sell any ERC20 flavor of the month token. The end user should do their own research. CZ is right in one regard but people put a certain amount of trust when a CEX lists a coin, he should have put that coin through the rigors.

>>22269833
based