/biz/ - Business & Finance

>>23958571
Great system. Works perfectly. The only problem is the token isn't needed, and the team admit that freely. They can try to add fees and give those fees to token holders, but then people will just move to all the new AAVE clones which don't have those fees. Plenty of clones have popped up trying to pump their own tokens, like mainframe. AAVE (the token) is a victim of the success of the platform.

>>23958544
>realized that it would be cheaper for BTC arbitrage between cexes, which really can't be duplicated with any other dex that doesn't support cross chain native exchange.
True, until you realise that arbitrable cross-chain escrow is here. Once it becomes widespread and automated XSN won't really have an advantage over bigger dexs.
>SWAP
Good idea but suffers from the token being a ponzi. You can have cross-chain escrow without the ponzi element shoehorned it. The wrapping element is also good, if they can implement it, but other people offer the same product so it's nothing new. I would read up on kleros's (rather primitive) arbitrable cross-chain escrow. It's a bit shit now but once people begin using trustless escrow without middleman fees, services like SWAP will be largely redundant. https://escrow.kleros.io/
The crystal ball appreciates the effortposting though. Too many people in this tent are getting too emotional about their investments.