/biz/ - Business & Finance

[Anonymous No.27213945]

Staking is over, so we're allowed to talk about DEXG on /biz/ again, right? Just one more month before lift-off, and a lot of people dumped their gains from that staking round so we have a pretty good discount right now. Do your own research as usual, but this is your promising low-marketcap DeFi project. Working beta, special AMM that reduces slippage to near zero, single token liquidity pools to eliminate impermanent loss. In layman's terms, it's an exchange that solves the two biggest problems with Uniswap. And token holders will get a (yet undisclosed) cut of transaction fees.

There are a lot of undervalued projects in crypto, but this is one that is both highly undervalued and imminently about to see a significant price increase sometime in the following weeks leading up to launch. You're early to this, but not TOO early like you are with some other projects (like PNK for instance). Please read the white paper, learn about the team behind the project, and decide whether you want in on this. I'm sure glad I did and I'm feeling very optimistic about the near future. I would love to share this with you guys.

[Anonymous No.27214693]

>>27213945
Perfect time to buy, its not going lower and there is a lot of news coming. DEXG fee rewards, exchange mainnet launch, secondary token airdrop etc.

This will be over $10,000 a token EOY, its basically YFI all over again.

[Anonymous No.27215246]

I bought

[Anonymous No.27215490]

Is staking done? No more tokens issued? What's supply? What's mcap?

[Anonymous No.27215977]

55k supply, no IL on staking, hugely reduced slippage due to sAMM bringing in arbitrage - you would actually be retarded to not buy at these prices.

[Anonymous No.27216066]

>>27215490
Supply is capped at 55k so the mcap is around 12m.

[Anonymous No.27216303]

Where do i stake and is it worth it with 4.3 dexg baby?

[Anonymous No.27216511]

>>27213945
Does it address gas fees at all? Layer 2 integration in their roadmap somewhere?

Tried using rubic today, god fucking awful, transaction failed twice and the fees were hardly different from uniswap.

[Anonymous No.27217513]

>>27216303
Staking ended already

[Anonymous No.27218019]

>>27216511
the big features are it's new speculative AMM and and reducing impermanent loss.
I don't think it tackles gas issues.

[Sage No.27218585]

>>27216511
It is addressing gas issues according to the white paper it plans to take transactions off chain to reduce gas cost

[Anonymous No.27218752]

Didn't mean to sage so bumping, dont sleep in this cheap defi coin, I k how biz is hungry for the next moon mission and this has all the potential to be a 1b+ market cap this year.

[Anonymous No.27219034]

lads, you realise that when this does a X50 from here it will STILL only have 10% of Uniswaps marketcap and dexgs product is objectively far better?

The potential here is frightening.

[Anonymous No.27219080]

>>27219034
yeah, even if this is disappointing there is nothing but room for growth

[Anonymous No.27219726]

With 1inch (dex aggregator) and Uniswap (undisputed king of defi) absolutely pumping, there is no reason not to speculate on a 10m market cap contender that will be indexed by the former and offer up some serious questions to the latter.

[Anonymous No.27219727]

feel like pure shite, just want sub $100 dexg back

[Anonymous No.27220004]

$1000 end of march.
$10,000 end of year.

[Anonymous No.27220046]

$1M EOY
$1T EOD
$1Q EOC

[Anonymous No.27220295]

>>27220046
sounds about right

[Anonymous No.27220624]

>>27220004
if the platform launches end of feb and the marketing is decent leading up to that we may see $1000 a lot sooner.

[Anonymous No.27220626]

>>27220046
wtf is it real?

[Anonymous No.27221148]

>>27220626
Yes it's going to one quintillion per dexg at the end of the century, all the ingrates and plebians on biz will be shaking their virtual fists in anger.

[Anonymous No.27221302]

Fuck anons, this has to be the easiest 100x there has ever been. Can't these tards see what Dexg has achieved and will do to the market?
- State of the art sAMM
- Reduces IL and slippage
- Single sided pools for Liquidity providers ( barely any risk)

The sAMM alone is so fucking sick that it will smoke unishit out of the air and take #2 dex spot very quickly.

Dexg token swap will take #2 spot before MAY 2021, SCREENSHOT THIS FAGGOTS, STAY POOR

[Anonymous No.27221351]

>>27221302
wow anon I like DEXG too but there's no need to be all aggressive

[Anonymous No.27221565]

>>27221351
Scared money doesnt make money anon.

[Anonymous No.27221596]

>>27213945
OK, so where do I go buy this

[Anonymous No.27221627]

>>27221596
unicef sir

[Anonymous No.27221732]

I wonder how long it will be before the supply on Uniswap goes under 1000 again

[Anonymous No.27222006]

>>27221732
The only reason this isnt 300+ is because one whale holds so much and he dumped 800 at once. When he's done dumping there's only upside. In a way he's being extremely generous because it let's you ape in before 10k

[Anonymous No.27222086]

>>27221596
UNIswap or balancer mate. Does anyone else feel that with the supply capped so low at 55,000 that once this actually gets noticed it will snowball fast? YFI went from 0 to 1 Billion in a few months and this is far more impressive.

[Anonymous No.27222766]

It’s pushing and just waiting to blast past ATH, first stop $1000.

[Anonymous No.27222921]

>>27222006
I picked up more on the drop to $200, just topped up the stacks a little.

[Anonymous No.27222995]

What's a make it stack? what's a suicide stack? 10?

[Anonymous No.27223159]

>>27222995
suicide 20 which will be worth 200,000 when it hits a 500M market cap.

make it 100 which will be worth 1,000,000 when it hits a 500M market cap.

500M isn’t far fetched at all when you look at uni and sushi.

[Anonymous No.27223197]

>theoretical max supply 200,000

Aw hell naw

[Anonymous No.27223272]

>>27220004
Yep!

[Anonymous No.27223318]

>>27223197
they decided on 55k in the end.

[Anonymous No.27223327]

>>27221351
hahah

[Anonymous No.27223423]

Best place to buy?

[Anonymous No.27223499]

>>27223318
They didn't "decide" on 55k, they carried out staking rounds as outlined in the whitepaper to distribute the tokens to the community. The final supply according to their criteria for each round ended up being 55,000. capped. forever.

[Anonymous No.27223500]

its back, thanks guiyz!! lets hold to 10k

[Anonymous No.27223584]

>>27223423
https://info.uniswap.org/pair/0x0555f052da0a50d39369b0f634855edc858baa18

[Anonymous No.27223586]

>>27223499
Based, I’ve got .02% of the total supply, that’s like having 80k LINK

[Anonymous No.27223897]

>>27223586
another 8 bro I see

[Anonymous No.27224242]

>>27222766
that chart is unbelievably bullish

[Anonymous No.27224306]

compare the market caps of uniswap, sushiswap, bancor, even pancakeswap with dexg and work out where this is going.

[Anonymous No.27224374]

bump

[Anonymous No.27224505]

Fuck I put off buying when it was $90 and i’ve been waiting for it to fall back ever since, it’s never going to...is it anons?

[Anonymous No.27225002]

>>27224505
its not too late to buy, tho i doubt were going sub 150 again

[Anonymous No.27225194]

>>27225002
I can't see sub $200 in all honesty dexgbro, and so it begins.

[Anonymous No.27225394]

>>27225194
>whale wakes up

[Anonymous No.27225702]

>>27225394
I'll harpoon that cunt

[Anonymous No.27226036]

>>27223500
With they way defi is pumping, it's not crazy to see 20k plus in the coming year.

[Anonymous No.27226850]

Yeah, seeing yesterday and today run on Dexs, you can see centralized exchanges their death on the horizon. All things decentralized will have a great future, this whole Gamestop shitshow will only fuel adoption, say whatever you want about dexg but that shit is bullish af, just by market sentiment alone. If it works as promised, we buying islands.

[Anonymous No.27227343]

Told ya once. New DEXG floor is around 90$ so you should wait for bigger dump.
Im sure we will see this price in February/March

[Anonymous No.27227582]

>>27227343
weak fud

[Anonymous No.27227597]

bumping so you faggots don't miss out on these prices

[Anonymous No.27227667]

>>27227582
I guess they dex have a billions volume, but only you see this xD

good luck shillers :*

[Anonymous No.27227697]

>>27227343
you are going to get so fucking wrecked cunt, remember this comment.

[Anonymous No.27227895]

>>27227697
It's gonna be so fun ! Hang out guys ! February will shake your poor hands :)

[Anonymous No.27228821]

Holding 10DEXG, will buy more tomorrow, fuck I'm excited

[Anonymous No.27229237]

>>27228821
same

[Anonymous No.27229465]

>250 bucks
>Was 120 less than a month ago
Looks very much like ATH to me.

[Anonymous No.27229642]

I’ve just bought a bag, with the way DEXs are pumping at the moment this is too good an opportunity to miss.

[Anonymous No.27229680]

>>27229465
Only 12m market cap

[Anonymous No.27229792]

>>27229680
I'm learning as I go but I come from stocks and when something moons like this, it has no where to go but down. I could be wrong but I ain't gonna risk 250 bucks a pop on the words of anons.

I do hate gas prices being so high though just not seeing why this thing at this price can help with that.

[Anonymous No.27229920]

>>27229792
In terms of price there is almost zero comparison with the way many coins move. Uniswap which operates the same kind of service as DEXG has a market cap worth 500x this.

[Anonymous No.27230306]

>>27229792
Wait, what? It has a market cap of twelve million dollars? If you think that's "mooning" how do projects gets to market caps of one billion dollars like sushi?

[Anonymous No.27230484]

I just upped my stack to 20DEXGies, feels comfy. Does anybody know if the mainnet is still scheduled for February?

[Anonymous No.27230778]

>>27230484
Yes end of February apparently, I'm still playing around with the beta desu

[Anonymous No.27230816]

>>27230484
It’s supposed to be. More info coming from the team tomorrow. The telegram which you can find on their site is pretty active

[Anonymous No.27230880]

>>27230778
>>27230816
Thank you for the info anons.

[Anonymous No.27231335]

dexg is next up

[Anonymous No.27231904]

New wallets turning up on etherscan, interesting.

[Anonymous No.27232011]

I can’t fucking abide using uniswap, I’ve had so many failed transactions that I really hope this is as good as you all say. I don’t hold any but i’ll indubitably use the swap.

[Anonymous No.27232267]

>>27232011
It will be, the beta is already working great. Try it out. Easily best project with highest potential in 2021.

[Anonymous No.27232745]

>>27223159
500m is actually likely when you consider that sushiswap has just passed 1 billion dollar market cap and it’s a bog standard uni clone founded by a hype man.

When people start using the dexg swap and see the effects on IL and slippage for themselves, coupled with the low supply (55,000), transaction free rewards and momentum, this will appreciate in price rapidly.

[Anonymous No.27232958]

>>27232745
Agreed, what's your stack and price targets anon?

[Anonymous No.27233220]

Dexgbros are they going to tell us what the transaction fee reward percentages are on Monday?

[Anonymous No.27233296]

I got 13 during the recent dips. Is this enough to make it frens?

[Anonymous No.27233407]

>>27232958
Accumulated 420 from buying in September and then staking, Unironically hoping this will be worth $4 million by EOY.

[Anonymous No.27233509]

>>27233296
It'll be worth $13,000 In a few weeks

[Anonymous No.27233533]

>>27233407
Yeah you're all set bro, damn

[Anonymous No.27233761]

>>27218585
uhhh so CEX?

[Anonymous No.27234102]

>>27233761
No thanks

[Anonymous No.27234295]

>>27213945
I’m aping in, always looking for doxxed moonshots.

[Anonymous No.27234301]

>>27234102
i read the white paper. i see that it isn't centralized taking them off-chain. interesting.

hope i'm understanding this right. about to throw $25k at this...

[Anonymous No.27234670]

>>27216511
Not on L2 yet but due to better code and their secondary gas token it will be cheaper than uniswap

[Anonymous No.27234706]

>>27234301
Yes they have the capability to take transactions and mint assets off chain, governed by an on-chain smart contract, it's really quite revolutionary when you look at it in more depth. Single asset pools to combat impermanent loss as well which is something conman cronje and the others are just starting to look at.

[Anonymous No.27235416]

>>27234301
You can already see proof here (posted in their official telegram channel) that it will be a lot cheaper to add liquidity on DEXG. ~ 6$

[Anonymous No.27235533]

3.13 eth or all in this?

[Anonymous No.27235851]

>>27235533
all in for maximum returns

[Anonymous No.27236548]

>>27232958
675 and 10k eoy, its just 10% of unis mc so very optimistic

[Anonymous No.27236651]

>>27236548
multi millionaire status soon fren, comfy.

[Anonymous No.27237094]

Got a stack. Is biz actually this early this time? Will the team pull this shit off?

[Anonymous No.27237147]

A shame that I missed staking. I wonder if now is still a good time to buy

[Anonymous No.27237188]

>>27237094
I can't believe that biz would bring me an actual gem, thus I am cautiously optimistic

[Anonymous No.27237481]

>>27237147
Yeah I'm not gonna lie anon, staking was good, but don't forget we had to hold from like 250 down to 40 and then watch it crab along for a while, weak hands or people who didn't understand what this can be will have sold out, it's still ridiculously early though.

[Anonymous No.27238028]

>>27237094
>Got a stack. Is biz actually this early this time?
yes
>Will the team pull this shit off?
that's the only question. beta looks good though

[Anonymous No.27238058]

>>27237188
Believe it.

[Anonymous No.27238759]

>>27238028
yeah I was very impressed with the beta

[Anonymous No.27238846]

Am I early if I fomo in now?

[Anonymous No.27238996]

>>27238846
Just look at the market cap anon, and compare it to its peers. Even if this does not become the n1 or n2 exchange, it's still siting at a measly 12m mkt cap. 50m-100m should be more than reasonable in the short term.

[Anonymous No.27239651]

UNIslip is now about a X550 from here, fucking hell this could get silly.

[Anonymous No.27239664]

The DEX narrative is super bullish right now & pumping across the board. DEXG's offering is a legitimate evolution within the DEX space. All coded in house from the ground up, some of which will be be protected IP. Launching in Feb. With low supply & real teeth this won't be a 12mln MC for much longer. Genuine opportunity right now to get into a YFI type run. 55K dexg is fixed supply forever.

[Anonymous No.27239694]

>>27238996
Just needs to get attention. The team are holding off on marketing before things go live at the end of February - hopefully people become more aware and it gets more attention. There are so many total shitcoins without a working product at a mkt cap in the $100millions - this does and its 12m

[Anonymous No.27239750]

>>27239651
Really fucking hope so. If it does wagmi

[Anonymous No.27239992]

I have a stack of 150 but I plan on selling off around 10 if we hit 1k so I have enough to cover living expenses for the rest of the year

[Anonymous No.27240131]

>>27239651
I think the best approximation though is to look at the smallest released Dex for a realistic range. It's over optimistic to think it would overtake uni in just a few years.

[Anonymous No.27240403]

>>27240131
real talk; what other dexes are there sitting above DEXG? They're making a pretty sick run atm

[Anonymous No.27240416]

>>27240131
I agree. Though I think DEXG has potential to become stronger than Uniswap, the fact that Uniswap will try to respond with more versions, the fact people have grown fairly accustomed to using Uniswap due to it being first, and the potential things might go wrong with DEXG, are things that cant be entirely ignored. I think if the DEX is functional the "worst case scenario" short of it getting hacked or it ending up as a scam, is 2.5k by EOY

[Anonymous No.27240543]

>>27240131
Sushi hit 1 billion in a few months, and is inferior to what Jollen has produced. I can't envisage a scenario where this isn't in the hundreds of millions marketcap this year. Fair enough overtaking Uniswap isn't going to happen soon.

[Anonymous No.27240585]

>>27240543
Just needs awareness - it's running really below the radar right now except for on these boards

[Anonymous No.27240723]

>>27240543
A lot can happen, but even the less known DEXes typically can hit at least 100-200 million pretty easily if the product works so I consider 100 million a bit of a baseline. I just pray I make a lot of money between DEXG and RBC this year

[Anonymous No.27240751]

CHINK SCAM

[Anonymous No.27240786]

>>27240585
Devs are talking to Coingecko about listing it. Since it has a unique AMM, this will drive some traffic to the exchange to pick up tokens at different prices. Arbitrage is going to drive a lot of traffic on the exchange.

This article is what got me so bullish on DEXG in the first place, worth a read:
https://steemit.com/cryptocurrency/@fajar.purnama/can-dexg-speculative-amm-minimize-price-manipulation-and-distribute-ownerships

[Anonymous No.27241168]

>>27240786
Isn't it listed on coingecko already? That said, more information in the coming weeks combined with a launch will hopefully bring us some good gains

[Anonymous No.27241230]

>>27241168
This part of Coingecko

[Anonymous No.27241297]

>>27240751
Can someone explain to the comedian that Taiwan isn't China, and that Singapore where the business is based is legit.

[Anonymous No.27241366]

>>27241230
Oh whoops, im dumb. Yeah that would help definitely. I think that alone could bump it to around a 300m market cap

[Anonymous No.27241576]

They won't list dexg under the decentralised exchange section until it releases out of beta in a couple of weeks.

[Anonymous No.27241810]

>>27240751
>SCAM
No scam sir, legit doxxed team

[Anonymous No.27241835]

>>27241810
the censored arms lmfao

[Anonymous No.27242024]

>>27241810
kek that actually made me laugh out loud, I'll buy more now.

[Anonymous No.27242729]

>>27239664
Couldn’t agree with this more

[Anonymous No.27243079]

Reading the wp now, hope someone is willing to discuss. I'm trying to figure out how exactly this speculative AMM works. It seems they are trying to set the price based on some fundamental properties of the coin which they can read on-chain, such as
>user base (# addresses, I assume)
>aggregated transaction needs (# txs, I assume)
>total token supply (obvious)
>platform productivity (no idea what they mean exactly tho it seems that they just assume it's always 1)
Besides that they mention the Volatility Effect Function of which I can't find a precise definition anywhere so if anyone knows that, please tell me.

[Anonymous No.27243518]

>>27243079
I’m not sure how easy it is to simplify extremely complex mathematics in to layman’s terms. Have you had a look at the beta?

[Anonymous No.27243628]

>>27243079
>AXYW54EQ
The mathamatic model of the sAMM and the volatility pricing system leading up to the formula outlined in the whitepaper can be reviewed in the research paper: https://dl.acm.org/doi/pdf/10.1145/3341105.3373891.. Alternatively you can consult the github to see the implementation of the outlined formula in the smart contract code: https://github.com/Dextoken/dextoken-core.. All these resources can be found via the website and medium.

[Anonymous No.27243769]

>>27243518
>extremely complex mathematics
Haven't seen any of that so far, the wp is pretty clear and simple so far. I just want to make sure I'm not missing anything. But it seems that the "volatility effect function" is just another name for what I already mentioned, some kind of fundamental analysis pricing model.

[Anonymous No.27243916]

>>27243628
Thanks, yeah I found that one.
I wonder now, what happens when the market price diverges from the mathematical model? Is my assumption correct that the price in the pool would eventually adjust through arbitrage, but the more the real price diverges from the modeled price, the greater the impermanent loss or slippage?

[Anonymous No.27244222]

>>27243916
is not easy since it's all mathematical formulas. Most AMMs are inspired by what's already exisitng, which are token-pair contracts to build pools. The sAMM has been built to handle single token contracts instead. Instead of interacting with one pool when you exchange token X for token Y, the sAMM interacts with two pools allowing the pooled assets to be independent from each other. In turn the negative effects of pooling a token-pair can be removed from the equation.

[Anonymous No.27244493]

Pricing on DEXG Swap works quite different than on other decentralised exchanges with the following base assumptions:

— The price depends on the circulating supply and the amount of pledged coins in the DEXToken liquidity pool.
— The transaction price is converted from the above-mentioned circulating volume and the amount of pledged coins. The order quantity is not the main factor affecting the price.

All exchanges are deeply connected by arbitrageurs, DEXG Swap will be no different, utilising internal and external arbitrage as a core principle. Outliers in pricing will therefore be exploited by arbitrageurs to create a leveled price again on both sides, internal arbitrage will arbitrage tokens between pools. A bank run on the single-token pool will effectively lead to tokens from another DEX being sold into the pool again, refilling it.

[Anonymous No.27244744]

>>27244493
Ok, thanks Jollen

[Anonymous No.27245010]

>>27244744
Wouldn't surprise me fren

[Anonymous No.27245127]

I will be transparent guys. I own 30+ low cap potential pajeet scams, DEXG is one of the few I think can honestly make it. DYOR, check the team behind and what they are solving, if they deliver 10% of what is expected this is a 20x. If they deliver as described on the whitepaper, we are talking lifechanging money here

[Anonymous No.27245307]

>>27245127
>30+ low cap potential pajeet scams
post them

[Anonymous No.27246011]

Glad to see actual discussion around the mechanics of the white paper. Genuine discussion that isn't just hype and moon posting.

[Anonymous No.27246030]

Tomorrow we will get news about the secondary token, will be interested to see how much it will bring gas prices down, seeing what they have been able to bring to the table I have high hopes. Very bullish about dexg

[Anonymous No.27246235]

This is one of the best threads i’ve seen for any coin on /biz, I have to ask though, why such a low market cap? Most shitcoins with anon devs have much higher caps.

[Anonymous No.27246454]

>>27246235
if I had to speculate it's because while staking was on, people who knew about this were paranoid it was going to blow up and cause them IL in the staking rounds (90/10 DEXG/USDT pair), so they weren't shilling it. Also the marketing team is pretty low-key since the product is still in beta. So there hasn't been aggressive shilling either on the part of the official team or the people who know about it. It's a very good question though, I was honestly reluctant about this project because the market cap was suspiciously low. It checks out though.

[Anonymous No.27246470]

>>27245127
INJ does it all but better and faster

Fuck with INJ you can create your own derivatives from scratch.

Example, A pornstar could float her pussy in the market. Simps then can literally own a fraction of pussy, and be shareholders.

Plus, pretty much every other stock on the planet will be able to be traded.

This is the real game changer. A globalised 24/7 decentralised wall street.

[Anonymous No.27246719]

bought 4.3
let's goooo!!!

[Anonymous No.27246864]

>>27246454
Thanks anon, I’ve bought far bigger projects with much weaker fundamentals than this so I’m getting in.

[Anonymous No.27246932]

>>27246235
So you can get rich. There is a 10x without any effort. A high probable 20x. And with just a bit of luck, not much mind you, a 50x.

[Anonymous No.27246933]

>>27213945
This is a Chinese knock off of INJ

[Anonymous No.27246935]

>>27246030
I hope they only distribute a portion of the secondary token to stakers. The majority should be distributed to LPs in my opinion, that will be the fastest way to attract them when we launch

>>27246470
fucking retard INJ has nothing to do with DEXG.

[Anonymous No.27246973]

>>27246933
INJ is for derivatives, DEXG is just a all-around DEX. Fuck off

[Anonymous No.27247318]

>>27246235
Half of biz doesn't understand how market cap works so won't buy this simply because
>price high
its simple psychology that applies to a lot of people here because, let's face it, the army of poor fags who lurk here would rather buy shitcoins where 300 bucks can get then a few thousand tokens instead of just 1. Funny but true.

[Anonymous No.27247392]

how much to stake?

[Anonymous No.27247461]

>>27247392
staking is finished, you've missed it.

[Anonymous No.27247552]

>>27247461
so they're not doing any more rounds? that was it?

[Anonymous No.27247595]

>>27247552
yup, 55k capped forever

[Anonymous No.27247784]

>>27247552
Im afraid so, soiboi ID.

[Anonymous No.27247845]

>>27247595
well thank god, the Bao max supply gives me a fucking heart attack whenever I look on etherscan

[Anonymous No.27247944]

>>27246470
Is INJ synthetic assets? If so, fuck all that shit. Fuck synths. We want real tokenized stocks not collateral based bullshit

[Anonymous No.27248135]

>>27247595
>>27247784
...so what's the point of holding? just speculative investment?

[Anonymous No.27248431]

>>27248135
Holders get a % of the fees generated on the DEX.

[Anonymous No.27248504]

>>27248135
The value of your coins will undoubtedly increase massively but you'll also get transaction fee rewards for holders.

[Anonymous No.27248641]

>>27248135
unironically read the whitepaper or even this thread dude lol

[Anonymous No.27248685]

>>27248641
i am and six pages of it are dedicated to staking which is irrelevant to me as a potential investor now that staking is done with.

[Anonymous No.27248970]

>>27248685
that's fair, I can't remember if the holding fees are even mentioned in the white paper, it's something that has been mentioned in official updates and channels

[Anonymous No.27249638]

U turds better not be shitting me, I’m about to secure a bag

[Anonymous No.27249800]

>>27249638
The info is all out there for you to verify anon, no empty promises no stupid shilling. Everything mentioned in this thread is legit (aside from the 50x, 100x which are just predictions)

[Anonymous No.27249889]

>>27248970
it's not. on the holding fees i can't find anything other than an ama where they just say they will exist.

[Anonymous No.27250047]

>>27249889
It's been alluded to, we're expecting between 0.05% and 0.15% for both liquidity providers and dexg holders

[Anonymous No.27250129]

>>27249889
They will be announced very soon through a medium article. You should expect something aligned with current standard practice in the decentralised exchanges ecosystem. With a supply of 55k tokens that will be massive anyway you want to think of it.

[Anonymous No.27251204]

Better to buy on Balancer or Uniswap?

[Anonymous No.27251391]

just looking at the fees gives me anxiety

[Anonymous No.27251573]

>>27251391
You need to invest money to make money anon. Or you could just keep it in eth and maybe, just maybe that 0.5 is going to be worth 2k EOY

[Anonymous No.27251609]

>>27251391
those 2.5 dexg will be worth 25,000 soon enough

[Anonymous No.27251830]

Hope this kills shitswap, fuck their 50 dollar fees

[Anonymous No.27252139]

Read the whitepaper, read the thread, thinking about it, but I've never done anything requiring the wallet. I understand that I buy eth -> uniswap into dexg and then hold it. What's the best wallet to use and besides there being physical versions of wallets on like, flashdrives, what's the difference in wallets?

[Anonymous No.27252385]

>>27252139
Metamask is a good one, and it's pretty secure. You can also connect Metamask with a hardware wallet like Trezor and Ledger. There's inherent risk in storing coins in a "hot wallet" since your private keys are being stored in your computer's memory. But as hot wallets go Metamask has never been hacked and is considered relatively safe.

[Anonymous No.27252787]

>>27252385
Thank you, Anon.

[Anonymous No.27252858]

>>27252385
Yea I have metamask connected to my ledger. Very comfy combination

[Anonymous No.27253118]

>>27252858
Just bought some and stored on metamask, let’s go.

[Anonymous No.27253828]

>>27253118
Congrats my man. Hopefully you'll make it.

[Anonymous No.27254246]

>>27253118
>>27253828
WAGMI

[Anonymous No.27254773]

DEXIES

[Anonymous No.27254997]

It's crazy to think that only 550 people can own 100 dexgs, and even that would never happen. Anyone who has managed to get over 100, congratulations you will be VERY rich

[Anonymous No.27255158]

>>27254997
it's always possible some of the whales will still dump it more. with something this low-MC anything can happen

[Anonymous No.27255208]

Can you explain to a smooth brain how to acquire this coin? I only have a binance acc. I need this asap

[Anonymous No.27255436]

>>27255208
1. Install a Metamask wallet. It just goes in your browser.
2. Send Ethereum from your Binance account to your Metamask using your Metamask ETH address.
3. Now your Metamask wallet has ETH in it. So go to Uniswap and "swap" ETH for DEXG. I think you still have to add the token manually on Uniswap (can't remember), if so here is the contract address: 0xB81D70802a816B5DacBA06D708B5acF19DcD436D

[Anonymous No.27255502]

>>27251391
What are you using?
I don't recognize it

[Anonymous No.27255674]

>>27255436
thank you

[Anonymous No.27255881]

>>27255436
>>27255674
I don't think it's on the uniswap token list but if your switch to the coingecko list it should be there

[Anonymous No.27256961]

>>27251830
it's hard to say how much better the gas fees will be, but they do have a unique token that might be related to gas fees, announcement tomorrow

[Anonymous No.27257770]

>>27255881
It's been added to the list on uniswap now?

[Anonymous No.27258466]

Doubt it will do everything they’re saying. It basically solves almost every problem that existing dexes have. Even with it still being in beta this would be worth far more than this.

[Anonymous No.27259105]

>>27258466
Pretty exciting huh?

[Anonymous No.27259501]

>>27258466
I mean, it doesn't *really* solve IL
just slippage, which is something else
if you are in a pool and someone buys from you, naturally you sell, then if it goes up any further you miss out, that's IL.

[Anonymous No.27260640]

>>27259105
massively bullish

[Anonymous No.27261339]

>>27259501
It does when every asset pool is backed by it's only individual pool of wETH

[Anonymous No.27262591]

>>27261339
similar to bancor then, intriguing, it will be interesting to see how well it works.

[Anonymous No.27263374]

Our father who art in crypto, Jollen be thy name...

[Anonymous No.27263511]

Thy dex will come, thy trades be done

[Anonymous No.27264223]

>>27262591
bancor sucks, it's nothing like dexg.

Also if dexg had bnts mc that's a 20x from here lmao

[Anonymous No.27264845]

>>27261339
>It does when every asset pool is backed by it's only individual pool of wETH
How does that work then? E.g. if you have a Link<>Eth pair then that eth is also an individual pool for that link, far as I can see.

[Anonymous No.27264927]

Even looking at any of the other Dex coins recently, they're all higher than dexg. This looks like a guaranteed ROI. Alright, I'm in. You guys are good.

Gonna give this till March.

[Anonymous No.27266209]

>>27264845
Yes the link is a single asset pool but there is a corresponding individual pool of weth for that asset.

>>27264927
You've made a wise choice, although the Dex only launches at the mid to end Feb so the biggest gains will be march onwards I feel.

[Anonymous No.27267077]

>>27264927
Won’t regret it anon.

[Anonymous No.27267464]

Math never lied

[Anonymous No.27267983]

>>27266209
>Yes the link is a single asset pool but there is a corresponding individual pool of weth for that asset.
I don't know what you are trying to say anon. How does having a corresponding pool of weth for the link mitigate impermanent loss? The whitepaper doesn't even talk about mitigating impermanent loss, just reducing it by having a unique pricing mechanism. If you claim IL is reduced through some configuration of pools over and above what's claimed by the wp, you're gonna have to explain it more clearly.

[Anonymous No.27268531]

okay, i did my research.
the one and only thing keeping me from squeezing the trigger on this is the lack of clarity on rewards for holding. all the news and shit is about staking. don't care. want to know about how they plan to incentivize holding. can't find shit.

[Anonymous No.27268558]

>>27267983
It works like this:

- Pool has amount of token Y
- Pool collects WETH and token Y
- Token Y gets drained completely and there is no arbitrage opportunity or market action to fill withdrawal requests of LPs
- People get WETH from the pool
- WETH isn’t ‘stolen’ from another pool to fulfil withdrawal requests, each asset has its own WETH pool.
- Even by draining the asset pool you leave the corresponding WETH in the pool.

Of course this is an extreme scenario as arbitrage would usually occur to stop the weth pool being necessary.

[Anonymous No.27268685]

>>27267983
Interesting, I am not sure if it's even in the white paper, but they have talked about it on their Telegram. Read up on their blog and you will find them referring to it.

[Anonymous No.27269393]

>>27268558
>- Even by draining the asset pool you leave the corresponding WETH in the pool.
Yes, but it is the "corresponding" WETH at the time each individual transaction was made. That means if 100 link = 1 eth, someone buys 100 link from the pool for 1 eth, then you can say that the 1 eth is the corresponding eth for that link. But then, link moons to 100 link = 2 eth, and the person who was staking their link misses out on that gain. I don't see how it can be any other way.

[Anonymous No.27269528]

>>27268531
It's because they havn't revelead it yet.
Many people are guessing for competetive fees of maybe 0.1%. But if we get an underwhelming reveal (like 0.01%) we'll most definitely dump.
0.05% is another possibility.

[Anonymous No.27270513]

>>27269528
So then it's riskier than the rest of the thread would have people believe

[Anonymous No.27270878]

>>27270513
Well I wouldn't say it's risky if you invest and plan to sell in march. I'd say it's as close to a guaranteed 3x-5x as you can get in crypto. But bad news always gets a dump, so I think you can get a better entry if the fee is lower then 0.05%. But I am not risking it, if the fee turns out great and they deliver the rest you won't have time to jump back in.
Also I believe it's undervalued anyway, so I am 99% sure of a 3x until march at least. But it's crypto anything can happen.

[Anonymous No.27271163]

>>27270878
Oh, I see what you mean. That makes a lot of sense, actually.

[Anonymous No.27271269]

>>27270513
No, it will be 0.1

[Anonymous No.27272166]

>>27271269
Pretty sure yes.

[Anonymous No.27272512]

oh shit boys we mooning

[Anonymous No.27273032]

>>27272512
Tbh a lot of the rise today is no doubt down to this thread. It’s been going all fucking day.

[Anonymous No.27273935]

>>27272512
Isnt it because staking ended?

[Anonymous No.27274151]

>>27273935
There was a nice pump as staking was ending but then a huge whale dumped like 800 dexies

[Anonymous No.27275173]

>>27272512
wew lad

[Anonymous No.27275202]

we’re about to breach $300, next up $1000

[Anonymous No.27275597]

Newfag here, just bought in recently

How does the end of staking help with the price? Shouldn't it drive it down because of the release of the staked tokens into the circulation? What am I missing?

[Anonymous No.27276204]

>>27275597
staking rewards for the last rounds were very small
stakers wanted to keep price down during staking in order to minimze IL (balancer 90/10 pool)
however, it does seem we have to wait for the exchange launch until end of Feb or early March

[Anonymous No.27276476]

>>27275597
The community said not to shill because the supply was based on staking rewards, and the fear of Impermanent loss was getting to some people the last 3 rounds after the price kept shooting up. Now no one minds the price shooting up. Mainet soon and medium article detailing the GEL token reward for stakers is dropping tomorrow. This really is some of you anons' last chance to grab a 100x. 1 bil market cap is achievable with these defi pumps and all the innovations DEXG team will bring to defi.

[Anonymous No.27276658]

>>27276204
>>27276476
got ya, thanks

[Anonymous No.27277063]

ended up panic selling mine but good luck anons

[Anonymous No.27277835]

>>27277063
It's still time my friend

[Anonymous No.27277980]

>>27277835
Mental block prevents me from doing that I guess. I feel retarded for selling low as a relative newfag.

[Anonymous No.27277995]

>>27277063
Just buy the minimum amount that can be justified with the current gas fees so you don't feel horrible when we moon

[Anonymous No.27278258]

>>27277995
Yeah 500usd is usually my initial buy in for anything shilled on /biz/. Any less and the gas fees and small potential gains aren't worth it. If I see something has momentum AND a good project I buy more.

[Anonymous No.27278568]

LETSSS GOOOOO!!!!

[Anonymous No.27278831]

>>27277995
Maybe I will. I just feel retarded for losing some money already. Not enough to ruin my life or anything but the mental block is real. I might buy 1 DEXG and not look at it again for a few months. The whale dumping faked me out. I failed the test I know

[Anonymous No.27279126]

>>27278831
It's important to never panic sell my man, if you ever feel like panic selling consider doing the opposite.

[Anonymous No.27279269]

>>27279126
This. In fact, don't panic buy either. Take emotion out of it. ANALYSE. DYOR.

[Anonymous No.27279379]

>>27279269
Harness your inner Michael Burry autism.

[Anonymous No.27279621]

>>27279379
>>27279269
Will whales dump again? I'll probably buy back in for one DEXG.