/biz/ - Business & Finance

Ok. I'm going be good today

bancor is changing the game as much as aave is on their end. Bancor is the aave of AMM. I would say Bancor is even bigger than aave because lend projects will mitigate differences against each other. You'll see dozens of crypto projects cannibalizing aave short-term but amm is a different beast. You can see how uniswap, which is pretty much the same fucking thing as almost any other dex (besides having more tokens), is able to capture almost 35% of the market. WHy? Because volume brings more volume. More liquidity, means less slippage, means more trading, means more fees which means...more liquidity. It's an endless cycle. There is a change that a couple of dexes are liquidity vortex that capture all the volume.

This is where bancor shows up. Bancor pretty much solved the biggest problem of any dex. Their solution is elegant and not as easy to replicate because it requires massive changes of tokenomics on a lot of projects. They are also always one step ahead of the others. They need to be smarter in making certain choices and clean up the fucking ui but make no mistake, as of now there is Bancor and there is everything else.

The good thing? Bancor is undervalued by almost x10-x20 compared to others. Be smart and bet on innovation. Bancor will end up capturing the dex market. They are the next Aave.

MOOOM, WE ARE MOONING! BARK FOR ARK
https://www.forbes.com/sites/haroldstark/2017/12/12/keep-an-eye-on-these-blockchain-startups-throughout-2018/#4b4f911f13e6