/biz/ - Business & Finance

Not link though. Down even more in sats and eth.

>>50835962
The tokenomics are mostly useless. The rewards don't make sense and aren't sustainable. It will get rugged just like they rugged locked APY from 69% to 15% like fucking assholes.
It does not look good and it does not work well.
it's literally just a shitty dex, but it has ponzinomics that make people think they're gonna be rich even when all it does is inflate the tokens, where by the way, kaddex are the biggest insider whales so it helps make them even more centralized, and they defend it anyways because it's an illusion of riches. The reality is that if you slap on a bunch of APY without creating more value then you just inflate the token and it dumps to mcap parity anyways making literally zero impact.
The ONLY good thing about Kaddex is that you can make a proportion of fees on the dex by staking, but you will not only get fucked by impermanent loss (no, they don't have protection, its just temproary inflation until they remove it), you'll also get fucked by any dex launching that doesn't punish LPs by giving a portion of fees to KDX stakers instead of the LPs. Why on earth would you as a project liquidity provider chose the one where you earn less money in the long run?
The winning dex is that which has the best UX and the lowest fees. DAOs and earning rewards are a scam. Why do you think Uniswap still has no token usecase? Because if they rug their LPs and traders by introducing more fees or taking from LP fees they'll all move to Sushiswap, which is by the way the only dex where wrapped KDA is listed and traded.

Kaddex entire usecase is literally an illusion. It's basically retarded, fraudulent, useless, scam. The ONLY thing that makes them better than other dexes is the one that actually just makes them worse.

>>50836004
Even if I was, which I'm not, it wouldn't matter. I assure you I'm not though, s6DEiyoF can back this up though it probably wouldn't mean much.

>>50688068
What does Kaddex do that KDSwap doesn't?
See >>50672579

>>50688074
There's more to life than just lolis and teenagers anone. I'm a boomer you know? Soon I'll be an older woman myself. She has other charms, look at her face. Very cute. Also see >>50658642 super cute.

>>50688089
>pact is a new language. it doesnt matter how big the team is, productivity will be delayed by a fixed time since devs need to train and discover the problem space
I agree in terms of Pact, but they need literally just one of them to fix the frontend. It should not be this hard to make a responsive frontend.
Do they forbid criticism? Surely ONE of those team members must have tried it and said "we need to make this more responsive"?
>bakascript is incredibly tiresome. at least they tried something
>at least they tried
>at least they tried
That's... One defense I guess.
>a single immature and childish actor within kaddex governance can cause such behaviors but it doesnt speak much about rest of devs nor product
It's hard to believe it doesn't represent the team.
>governance is a hard problem
It shouldn't be a governance issue.

All in all Kaddex has accomplished more than what I would be able to, but it's still a joke of a valuation for a project that is worse than KDS. It's all marketing which is just sad.