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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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File: 21 KB, 400x400, dexg.jpg [View same] [iqdb] [saucenao] [google]
25082141 No.25082141 [Reply] [Original]

I watched you post about it at $40 and didn't buy.
I watched you post about it at $60 and didn't buy.
I watched you post about it at $80 and bought a bag.

I'm watching it hit $120 knowing I'm already up over 40% in a few days and that there's much more coming.

Thanks lads.

>> No.25082195

>>25082141
How do i buy dexg

>> No.25082207

>>25082141
I bought at $40, sold for a profit at $60 and then aped back in when it hit $80. Very glad I did.
>>25082195
Uniswap.

>> No.25082321

Redpill me innit OP?

>> No.25082411

>>25082141
Bought a stack when it dropped on uni in the summer, staked every round and I’m not selling any until at least $50 million market cap.

>> No.25082502

>>25082321
Easier to just copy pasta from their recent AMA...

At the core of the Protocol is the 'speculative AMM' which is the heart of the project and our upcoming decentralised exchange. We spent months researching this new AMM with two partner universities in Taiwan and their departments of mathematics and quantitive finance. The sAMM prices assets on the exchange more efficiently and executes trades more smoothly than existing AMMs do. This reduces the slippage and costs for trader by a great margin.

At the same time, the sAMM is able to handle Off-chain tokens, which locks in with what the Flowchain Foundation has built the past three years - Their powerful Flowchain IoT technology. This allows the sAMM to mint and handles off-chain tokens which run on the IoT network.

This creates a lot of possibilities for enterprises to efficiently outsource and monetize IoT processes or tokenize assets. For us, it creates a lot of possibilities for advanced trading features on our decentralised exchange.

>> No.25082522

>>25082141
Check staking contract. A few whales who did all the staking rounds hold most of the coins and gonna dump as soon as this 2-3x.
Don't get fooled by the shillers on biz. Check the contracts and price chart, people are farming this now for months and waiting to sell their stacks.

AVOID AVOID AVOID AVOID AVOID AVOID AVOID AVOID AVOID AVOID AVOID AVOID AVOID AVOID AVOID AVOID AVOID AVOID AVOID AVOID AVOID AVOID AVOID AVOID AVOID AVOID AVOID

>> No.25082609

>>25082522
People are not waiting to sell their stacks but to have a nice stack to get a nice fee share from the exchange. Imbecile.

.t one of the top 3 wallets.

>> No.25082704

>>25082522
You're actually wrong (or lying) about there being whales who hold most of the coins - people can verify this by looking at etherscan.

With the extra tokens taken in to account from staking there won't be many people left that aren't already in good profit and it hasn't dumped. Why would holders dump on people at a market cap of what, $10,000,000 (X2 from here), when I know for a fact that the majority expect this to hit $50,000,000 and a lot higher pretty quickly?

>> No.25082734

>>25082522
If you’re going to FUD at least say something that isn’t easily disproved.

>> No.25082782

>>25082522
Except there is a massive incentive to hold as you will receive a percentage of the exchange fees.. the bigger stack the higher the percentage, so if this blows up and even just becomes a top 10 exchange then... getting hard just thinking bout it.

>> No.25082790

exciting times with the beta launching today dexgbros

>> No.25082791
File: 40 KB, 230x300, 7hsmg.230u66.gif [View same] [iqdb] [saucenao] [google]
25082791

In the end of the day it doesn't matter if /biz/ buys this or not. This thing will organically increase in value over time as the exchange and protocol finds usage.

/biz/ wanna miss out on this great opportunity? Fine by me. Keep fudding. Nobody of the holders is interested to sell this thing now anyways. Way too early.

I understand that /biz/ can't comprehend this peoejct though. They are used to PnD shits and rugs. Let them rot.

>> No.25082892

Don't tell me I'm late again?

>> No.25082899

>>25082502
I'm going to ape in wish me luck.

>> No.25082937

>>25082141
okay i like the idea of the smoother price volatility on an exchange. but how does the dextoken achieve this? what is it used for

>> No.25083188

>>25082937
The slippage is reduced because Jollen’s speculative AMM allows for the asset price to be worked out on-chain without oracles, much more efficiently and with much less slippage than outdated market makers like Uniswap’s. The DEXG token will be a governance token for the DeFi infrastructure and holders will also get a direct share of the exchange fees.

>> No.25083193
File: 12 KB, 258x245, 35467h65437n.jpg [View same] [iqdb] [saucenao] [google]
25083193

>>25082609
>>25082704
>>25082734
>>25082782

> https://etherscan.io/tokentxns?a=0xe1469af5d26ce64e404e4288d5546d7a41097715
That's the latest staking contract filtered by recent transactions. 1 BPT is rougly equal to 1 DEXG.
Note how many wallets are holding 200-2000 BPTs. These are the people who were farming this for months. They couldn't sell much in that time because liquidity is too low, so they keep accumulating waiting for more dumb bizlets to buy in.
You would be unbelievable stupid to buy into this right now seeing how few people are holding this and waiting to dump.The dump will probably start as soon as the current staking round is over, so in 2 days. Since the liquidity is kinda scarce, they can't market sell and this will dump over a few days and weeks slowly bleeding to 20-30$.

I know I am right and you can't argue against it because you can see in the link above that a few people are holding most of the coins and since these are not team members with vesting contracts, they are free to dump their stacks as soon as this 2-4x. Yeah sure they will say that "i won't sell because muh fees", but you would be Indian to believe this.

I hope I could save atleast one white person from this obvious scam.

> pic related this is me laughing at people who are falling for this

>> No.25083208

>>25082892
With a market cap of five million dollars currently, you’re definitely not late, still very early. Not the earliest, but very early.

>> No.25083452

>>25083193
gonna wait it out a few days and see if it dumps. but this project looks promising. it's about time uniswap gets replaced by a smoother exchange

>> No.25083512

>>25083193
Absolutely based ty

>> No.25083517

>>25083193
>dump after the staking round in two days
>price didn't budge in the slightest after the last two staking rounds
>whales continue to accumulate
>considers 200 BPT a whale stack

Whatever mate.

>> No.25083561
File: 79 KB, 744x364, dexg.jpg [View same] [iqdb] [saucenao] [google]
25083561

>>25083193
retard detected

whales will not sell this goldmine at 4.5m marketcap when they will receive large amount of daily % of exchange fees

>> No.25083574

>>25083512
Not based in the slightest mate, 200 BPT is less than 0.5% of the current supply, b.b.b.but muh whales going to dump, get fucking real brainlet.

>> No.25083625

>>25083193
yeah, smart money kept it quiet to accumulate during staking rounds especially while there was no news, now the beta dex is coming out and there will be new shit constantly its coming out of stealth phase. noone is going to dump their whale stack at $300, I think $1000 is the first target and most will want to hold to get exchange fees.

>> No.25083692

>>25083193
Top 15 wallet here
never selling
get fucked cunt

>> No.25083700

>>25083574
who is that wallet that has 99% of the BPT tokens?

>> No.25083728

>>25083700
its the staking contract

>> No.25083736

>>25083700
Do you mean the staking contract? kek, brilliant mate.

>> No.25083788

>>25083728
>>25083736
oh that makes sense.

>> No.25083891

>>25082141
>>25083561
holy...
568 wallets.
https://etherscan.io/token/0xb81d70802a816b5dacba06d708b5acf19dcd436d
could it dip just a little for me please? lmao.

>> No.25083958

Why are there like a dozen memecoin exchanges and what makes this one better than the others?
Somebody give me the qrd.

>> No.25083993

>>25083958
Scammers organise big pumps by raiding Discord, Reddit, /biz/, Twitter, Facebook & dump their memecoin when they make a quick buck

>> No.25084018

>>25083958
Less slippage, eventually will have adv shit like limit order and stop limit, dexg hodlers earn % of trading fees forever.

>> No.25084118

>>25083958
That’s like asking what made binance better than the others originally? We shouldn’t have to fucking spoonfeed people desu.

>> No.25084282

>>25083512
No problem. You can check nobody is actually disagreeing with my assessment because they literally can't, it's all in the Etherscan I posted. Here, I make it even more obvious. These 13 wallets hold more than 20% of all coins:

https://etherscan.io/address/0x8578d9831bb04ab95767c8c8347a7e0e703cfb80#tokentxns
https://etherscan.io/address/0xd6cb7115e945d0d9e11f45ea47fc0e1a37e218bf#tokentxns
https://etherscan.io/address/0x465540e1bb3836dc234dbd6d35a3ec9c13736b26#tokentxns
https://etherscan.io/address/0x3bf022dd1d74817e41676f6977d04a42613593c5#tokentxns
https://etherscan.io/address/0x82bdae0d4a8eb91be0b17c42e424c27140df6a4e#tokentxns
https://etherscan.io/address/0xb1ac758f4901f2d2c992e115eb595c841c979882#tokentxns
https://etherscan.io/address/0xd87828aa80bf7baa6cbf48d1a931e2bc3ab5314f#tokentxns
https://etherscan.io/address/0xa0f39111d7d1124aca553e53883ea4d991a80675#tokentxns
https://etherscan.io/address/0x08f96356987658303928ed8da0d93e09ff2518b1#tokentxns
https://etherscan.io/address/0x3bf022dd1d74817e41676f6977d04a42613593c5#tokentxns
https://etherscan.io/address/0x82bdae0d4a8eb91be0b17c42e424c27140df6a4e#tokentxns
https://etherscan.io/address/0x09bd92d4055fcac03ffd6b2617143ad44e0da01b#tokentxns

Remember, they are not team members but people who got into staking in August before everyone else, hence accumulating most of the supply. They are not team members with vesting contracts so they will 100% dump if liquidity is high enough after the staking ends. Don't get fooled by them saying they'll hold for "muh long term", there is 0 incentive to hold any when you got them for free in the early staking rounds.

>>25083517
200BPT? These wallets are holding 500-2000. They couldn't dump during earlier rounds because liquidity was too low.
Check the liquidity curve here:https://pools.balancer.exchange/#/pool/0x5b18df96d3c8b9f1d1b9e38752498f92d1e2d490/

>>25083561
>>25083625
>>25083692
Obvious brownskins shilling this shit in every thread. Disregard.

>> No.25084474

Very excited for the beta release today, can't wait to see the swap and start testing and hunting for those bounties before v1.0 release during Q1 2021

>> No.25084489

>>25084282
20% of the supply divide by 13 people? Mathematics isn't my forte anon, but does this mean that each wallet holds approximately 1.5% of supply? Wow that's scary.

So let's now hypothesize that those 13 wallets all create a little telegram group, and try to decide when to dump (which would be difficult because they would want to out-dump each other), this would still only have a moderate impact on the price.

"there is 0 incentive to hold any" So transaction fee rewards from a DEX that is absolutely superior to uniswap in many ways, isn't an incentive? What about an airdrop of secondary tokens when staking is finished?

I also refute your claim that I am in any way a brownskin, in fact I suspect I am a much purer form of Caucasian than you.

Sounds to me that some tiny minded faggot is salty because he watched this go from $30 to $120 and sat there having a pot noodle and a wank?

>> No.25084519

>>25084282
Why would any of that matter. All coins have whales, what makes you think the whales for dexg will sell for a pathetic 2x? Why didn't the link whales sell at 2x?
These 13 wallets might even have accumulated at higher than current prices. Why bother staking if you don't want to hold for long term.

>> No.25084548

>>25084282
>People own large amounts of DEXG! THIS BAD! NO NO! I

You are truly a retard. You fud every project, since whales are in the game everywhere, or you have a special agenda against DEXG? ;-)

>> No.25084614

>>25084282
you'll never have a trad blond waifu and blue-eyed children, kek

>> No.25084638

>>25084282
whew. you saved my life anon. you're so smart. omg. thank god you were here or else i would have bought this brownskin-shilled shitcoin. omg.

>> No.25084747
File: 59 KB, 900x596, A376EC00-C459-46DE-957F-EEB304AA693D.jpg [View same] [iqdb] [saucenao] [google]
25084747

>>25084282
What a shame this absolute fucking 4chan hero wasn’t here to save people from buying this at $40 a couple of weeks ago, they would all be here thanking him now.

>> No.25084793

>>25084747
Based and redpilled

>> No.25084839

>>25084489
>>25084519
>>25084548
>>25084614
>>25084638
It's actually around 35-40%. The average whale wallet holds 1-2k which is 3-4% of the circulating supply.

I'm done here. People can decide for themselves if it is worth investing into something where 40% of the supply belongs to 13 wallets with not vesting contracts that could dump anytime to cash in their free 5-10x.

Also remember that no one here could disagree with the facts that I have presented. The only rebutal they gave is that "sure these whales will not cash in their 5-10x but will wait for 100x". Yeah, sounds realistic.

Merry Christmas.

>> No.25084891
File: 8 KB, 94x90, tenor.gif [View same] [iqdb] [saucenao] [google]
25084891

>>25084282
you just confirmed you are total retard showing normal wallets that bought dexg from free market and accumulated for months and staked early

muh whales will dump at 2x project that have high potential to be worth 50-100m market cap in next 3 to 6 months

>there is 0 incentive to hold
oh yeah like fee % of every trade that will be made on exchange is not a good reason to hold. If dexg dex will make 10-20m daily volume which is not that hard these 'whales' will make a bank daily on fees holding dexg. Why would they want to sell now at silly 2x explain

If you want bring some fud you need do better anon
you sounds like pajeet which didnt jumped earlier on dexg and now is salty

>> No.25084970

>>25084839
Please for the love of god, don't dump your 3% on me Mr. whale. Nobody is disagreeing that there are big holders, which is true in every small project, it's obviously easier to accumulate a project when it has $1M market cap.

This is true in every single project ever, yet you are trying to imply it is somehow different for DEXG. But they didn't dump at $50, they didn't dump at $100, so I can just as easily assert to you that they, like all of us, are waiting for this to realise it's true potential. Either that or in the long term they want a share of staking fees and never work again.

Anyway, I'll never convince you, have a good Christmas anon.

>> No.25085141

can we get back to discussing why this is going to do a X25 at least next year?

>> No.25085265
File: 72 KB, 400x333, 1608396215323.png [View same] [iqdb] [saucenao] [google]
25085265

Beta coming out today, sell the news incoming

>> No.25085313

https://dextoken.medium.com/dextoken-first-public-beta-announcement-8478bcb8b1aa

>> No.25085361
File: 150 KB, 1920x1360, 0F053A37-9BB0-4DE9-9A63-6382187581B5.jpg [View same] [iqdb] [saucenao] [google]
25085361

>>25085265
No dump incoming

>> No.25085676

DEXG Swap: Public Beta announcement

We are excited to announce the release of the DEXG Swap public beta. We invite all developers, white-hat hackers and everyone interested in the platform to test and review the deployed smart contracts.

Before accessing the public beta platform, please make sure to read the full announcement on medium and check the Ropsten beta guide.

Keep in mind that the objective of the DEXG Swap public beta is not to deliver a fully deployed and optimised exchange, but to test the involved contracts for bugs and vulnerabilities.

To report any issues or vulnerabilites, or to submit your general feedback and opinion please message the following accounts:

We will review all messages. Please don't delete the conversations after sending the messages, since we might contact you for more details.

We are excited to hear back from you and want to take the chance to thank you in advance for your support and the participation in the public beta!

>> No.25085885

Whales dumping should not matter if the exchange itself is proven to work and be good conceptually.

>> No.25086018

>>25084839
>Free 5-10x
You don't even know that they are in profit. Some of them could be barely breaking even. The price was a lot higher during the initial hype when staking started.

>> No.25086133
File: 224 KB, 999x1000, dexler.jpg [View same] [iqdb] [saucenao] [google]
25086133

>>25085313
Drop the beta dex the day that they promised to drop it, it’s almost like we’re dealing with a professional team here even at a 5 milly market cap, holy fuck.

>> No.25086216

exchange is looking sick

https://ropsten.exchange.dextoken.io/#/

>> No.25086217

I hope that the beta holds promise. Too lazy to use this shit myself honestly but the UI doesnt seem like a total mess maybe

>> No.25086850

>>25086217
Go and have a look big man

>> No.25086951

anyone know when we will actually get to test the trading? looks like its live but no pairs up yet?

>> No.25086963

tfw only bought 3 @ 40$

>> No.25086984

good to see the team delivered when they said, bodes well for the future

>> No.25087056

>>25086951
this is ropsten beta
there are few pairs for swap like dexg, yfi, aave

>> No.25087078

>>25086850
Again cant be assed, im a dumb wagie, it seems like its holds some promise though. The fact they launched at on time with a projected Q1 2021 release is a good sign

>> No.25087340

Public beta is live! Team has never missed a goal. Things are just getting started!

>> No.25088040

>>25083993
Except this project is legit. I'm not gonna spoon feed you though I honestly dont care if you buy, and you're not wrong about organized shilling.

>> No.25088154

>>25085265
I'm never selling faggot. Free trading fees FOR EVER

>> No.25088846

>>25088154
No chance I'm selling any

>> No.25089468

Mad I didn’t buy last night now the gas fees are so fucking high I can’t swap my shit API for it

>> No.25089538

>>25089468
i'm mad I fell for fucking wcres absolute shitcoin, lost like 20% and dumped my eth from there into dexg two days ago and already made it back.

>> No.25089650

>>25088154
Can someone explain this more? You are entitled to trading feed simply by holding DEXG? Do you get payed out with the secondary token that they are going to have?

>> No.25089687

>>25089650
I read in the telegram its paid out in eth

>> No.25089695

>>25083958
Jollen Chen

>> No.25089748

>>25089650
Yeah with dexg capped, It will have to be a secondary token or weth.

>> No.25089838

>>25089687
>>25089748
Nice. Well this is a comfy hold.

>> No.25089962

>>25089650
Yes, that is correct. The fees are going to make holders insane amounts of money if exchange can reach just 10m in daily volume, now imagine 100m a day..unreal

>> No.25090084

>>25089962
I saw it worked out that at 10% of Unislips volume it could be $15 per month for each dexg you hold! Shits crazy if true.

>> No.25090228
File: 67 KB, 1200x500, evolution.jpg [View same] [iqdb] [saucenao] [google]
25090228

The scenes when this is does a X50 from here as rapid as fuck.

>> No.25090597

>>25089650
holding dexg you will be paid % of all trading fees from exchange
it will be paid in wETH

>> No.25090915

Any early thoughts on the beta release yet?

>> No.25091468

>>25090915
It looks good so far, but it's more about checking the contract and that there is no bugs. Just good that the team delivered on the date that they said they would.

>> No.25092023

>>25089962
Not fudding my comfy hold but there hasn't been an official announcement regarding how the fee redemption will be distributed, however, we can look at the current market and make some conservative estimates and get a ball park figure of what DEXG holders can expect.

Uniswap had a 325 million dollar volume day yesterday, capturing just 10 percent of that volume, should slippage be greatly reduced, should be a walk in the park, so let's use that figure.
At 10% of 325 million let's round to 33 million daily volume on DEX. Now what would fee distribution look like? Uniswap has an as of yet unlocked .3% fee distribution to holders. Let's say we get half of that at .15%, 35 million in volume equates to just shy of one dollar per DEXG per day per coin. Anyone holding even just 10 of these would make 10 dollars a day at 10 percent of UNIs volume. And at unis volume, 100 dollars a day.

Again this is ball park and not yet clear, but these tokenomics I've roughed out are competitive with other tokens in the market already and aren't out of the realm of possibility or even outlandish.
Feel free to fud this post I'm not trying to get anons over hyped for a solid project and all projects should be scrutinized in order to get an idea of what you're really dealing with.
I however am extremely bullish on this token and especially bullish on it in a bull market

>> No.25092372
File: 35 KB, 494x640, dexgprinter.jpg [View same] [iqdb] [saucenao] [google]
25092372

>Sell the news they said
>It will dump they said

Beta release, price stays rock solid and even creeps up slightly. Everyone who understands anything knows this is massively undervalued.

>> No.25093458
File: 2.44 MB, 680x331, 1586497364812.gif [View same] [iqdb] [saucenao] [google]
25093458

>> No.25094114

>>25092023
bullish af

>> No.25094250

>>25092023
DEXG $500 EOY

>> No.25094571

>>25094250
Yes 500 is reasonable in a speculative way but once the main exchange is launched we should see if the sAMM will deliver on its promise. And should it succeed, we will probably see a rapid growth on DEX in terms of trading volume and by extension the value of holding dexg will rise and of course with it, the price.

>> No.25095062

Why has this crypto taken such a long period to boom, Tech is fantastic and far superior to the competition.
I have made some crypto investment mistakes like all of us but the potential for this token and platform is next level

>> No.25095188
File: 226 KB, 700x1001, 43EFD5CA-F070-4B6E-9D18-4252477F8FFF.jpg [View same] [iqdb] [saucenao] [google]
25095188

>>25094250
haha love the optimism but I can’t see that, $200 being realistic and $1500 by end of 2021.

>> No.25095281

>>25095062
I remember when link was 10c and people couldn't understand the potential, it happens, people sleep on projects and in particular biz is more about gambling on absolute trash shit coins for quick flips and dopamine hits. This token is more like a long term hold with explosive potential. Just look at the FUD in this thread from the one anon who explains that a whale could dump on you, and probably will as they wait for more liquidity to cash out, but that's literally just describing a market cycle, so for short term flippers this one might not be ideal, but for Anons with a bigger brain and a low time preference, this one is for you.

>> No.25095984

>>25095281
based summary

>> No.25096029

I'm a complete newfag /biz/, I bought 500 dollars worth of this and it's my first crypto related purchase ever (well, aside from the ETH I bought so I could buy this)

You better not disappoint

>> No.25096043

I'm seeing really positive things about the beta, seriously positive dexgbros

>> No.25096101

>>25096029
In the next six months you will definitely multiply that 500 dollars a few times, it's as close to a guarantee as I can give, especially after getting hands on the beta, I'm more bullish than before.

>> No.25096263

>>25096029
Dont expect a massive overnight fortune but end of 2021, if the project delivers even half of its goals, you're gonna be happy you held.

>> No.25096324 [DELETED] 

>>25094571
>>25095281
I'm seriously looking at this as a new yearn.fi or btc level in terms of market cap

>> No.25096382

>>25096101
Did you try the beta? Works well?

>> No.25096427

>>25096101
>>25096263
Thanks bros, checked my account and have enough disposable to invest another 500, currently doing that. I'm not new to investing: I also invest 1200 a month into a ETF similar to S&P500, but am new to crypto

>> No.25096876

>>25096382
yeah, some pretty interesting stuff, It doesn't seem to have impermanent loss as the pools aren't pegged to one another.

>> No.25096919

>>25096876
Sounds pretty fucking great, even if I am too brainlet to understand how they can eliminate impermanent loss

>> No.25097503

>>25096919
Yeah i’ve had a play on it and it’s technically excellent

>> No.25097619

>>25097503
limit orders?

>> No.25097921

>>25097619
Not on the beta version, they’ll be implemented when it’s taken on to the mainnet early next year

>> No.25098627

Nice to see a legitimate project shilled on biz for once instead of some of the usual .finance scams.

I’ve been holding this since September and it’s nice to see the project coming to fruition.

>> No.25099149

>>25089650
I dont 100% believe it yet, but wETH would be what you are paid out in should things come to pass

>> No.25099254
File: 30 KB, 1462x400, liq.png [View same] [iqdb] [saucenao] [google]
25099254

can anyone tell me why we have like 0 eth liquidity like all the liquidity is usdt?

>> No.25099356

LETS GET RICH BOYS

>> No.25099428

Dexg, the hype train is real

Although its been higher than this before! I
Retards investing in other s$#* coins and wanting quick return

This will be the most hyped token next year no doubt

>> No.25099472

>>25099254
The team locked the liquidity for two years in the usdt pair so it's just always been the pair that people use

>> No.25099628

>>25099472
OH i'm stupid lol, thanks