Home
Forums
New posts
What's new
New posts
Latest activity
Log in
Register
What's new
New posts
Menu
Log in
Register
Install the app
Install
Home
Forums
Living
Money
Crypto lounge thread
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Coja Petrus Uscan" data-source="post: 1414617" data-attributes="member: 12967"><p>I think you'd have to say Uniswap is number one. Uniswap is the biggest decentralised exchange (DEX) by some margin:</p><p></p><p>[URL unfurl="true"]https://coinmarketcap.com/rankings/exchanges/dex/[/URL]</p><p></p><p>Curve is primarily a DEX for stablecoins, and its token is undervalued, so I'd put that at no. 2.</p><p></p><p>Sushi's token is more of a ponzi, which is probably a bonus in this space, at this time.</p><p></p><p>Balancer may be more of an outside bet, as they have lower rates than other pools.</p><p></p><p>DeFi has had a big bubble this year and is now mostly languishing. I can't see DeFi not eventually amounting to over 50% of real trades and it's a lot more substantial that what otherwise dives crypto - low information, greed, religious thinking and speculation. Whenever we get to a crash, Uniswap will probably be one of my biggest buys.</p><p></p><p>Most of these tokens are just governance tokens though, so why they should he any value is debatable. The Uniswap token grants you voting rights on Uniswap's governance. You can also be paid the token for providing liquidity. Ultimately I see little point in these tokens, but that doesn't stop bubbles being blown up on the buzz. What is interesting is to see billion flow into decentralised platforms in just a few months. If you want to make profit, investigating providing liquidity.</p><p></p><p></p><p></p><p></p><p>Is everything traded on SNX naked? i.e. there are no assets to back them up?</p><p></p><p>I like Aave's interest bearing tokens. Just hold the token, refresh your balance a few hours later and you've got more.</p></blockquote><p></p>
[QUOTE="Coja Petrus Uscan, post: 1414617, member: 12967"] I think you'd have to say Uniswap is number one. Uniswap is the biggest decentralised exchange (DEX) by some margin: [URL unfurl="true"]https://coinmarketcap.com/rankings/exchanges/dex/[/URL] Curve is primarily a DEX for stablecoins, and its token is undervalued, so I'd put that at no. 2. Sushi's token is more of a ponzi, which is probably a bonus in this space, at this time. Balancer may be more of an outside bet, as they have lower rates than other pools. DeFi has had a big bubble this year and is now mostly languishing. I can't see DeFi not eventually amounting to over 50% of real trades and it's a lot more substantial that what otherwise dives crypto - low information, greed, religious thinking and speculation. Whenever we get to a crash, Uniswap will probably be one of my biggest buys. Most of these tokens are just governance tokens though, so why they should he any value is debatable. The Uniswap token grants you voting rights on Uniswap's governance. You can also be paid the token for providing liquidity. Ultimately I see little point in these tokens, but that doesn't stop bubbles being blown up on the buzz. What is interesting is to see billion flow into decentralised platforms in just a few months. If you want to make profit, investigating providing liquidity. Is everything traded on SNX naked? i.e. there are no assets to back them up? I like Aave's interest bearing tokens. Just hold the token, refresh your balance a few hours later and you've got more. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Living
Money
Crypto lounge thread
Top