It's another shitty "DEX" episode

[Anonymous No.24160426]

>uniswap killer/clone
>wrapped assets
>side-chains
>chink erc token dex
>Daily 'DEX' clone
Why is there no good layer 2 DEXs other than xsn/stakenet. Can not a single person on this board name a project that is working on a proper layer 2 DEX. It seems every other "DEX" is just another shitty rip off of uniswap or is crap on-chain garbage that used wrapped assets or sidechains.

[Anonymous No.24160442]

>>24160426
sir, have you heard of coinmetro?

[Anonymous No.24160517]

>>24160426
Stakenet isn't just a dex, the dex is just a dapp they are building.

[Anonymous No.24160533]

>>24160442
>Coinmetro
>Dex
Shoo shoo ranjeet.

[Anonymous No.24160625]

>>24160517
Cool but it's not finished yet, the real questions is where the fuck is the competition? Why can't anyone name a single project that is doing what they are doing?

[Anonymous No.24160638]

>>24160426
OP, you're literally talking about UNION and you don't even know it.

[Anonymous No.24160674]

>>24160638
>Union
Who?

[Anonymous No.24160811]

THORchain

[Anonymous No.24160813]

>>24160638
If you mean
>exchange union
Then let's see

>doesn't have working trades
>nothing to show
>pic related team member page
You can't seriously expect mean to think this is competition?

>latest twitter post
>nov 20
>**We just Shiped XUD 1.2.1**
>Flagship features Sports medal
>- xud now uses lnd's sendpaymentv2 call, >preparing for multi-channel trades
>add new currencies at runtime
>graceful shutdown improvements

>layer 3
>layer 3
They don't even have a working product to test let alone any demo videos showing what they are capable of.

[Anonymous No.24160835]

Falconswap is an order aggregator for uniswap/wherever to minimise fees, looks like they may have a release soon. If it works as well as it looks like it might it will be legitimately useful.

[Anonymous No.24160893]

>>24160811
>thorchain
Onchain. Not layer 2
>>24160835
>falcon swap
Not layer 2 either.

Can you faggots at least read the op.

[Anonymous No.24160951]

>>24160426
Why do you think there is a literal 24/7 baseless FUD campaign against XSN? There are interested parties who are motivated to suppress the price of one of the most important projects in crypto, so that they can accumulate as much as they can at the lowest price.

The two projects that matter in crypto are Chainlink and Stakenet, and only one of these you can still get in at the ground floor.

[Anonymous No.24160993]

>>24160811
Uses "pools"
>>24160835
Another erc token "solution".

Neither of these can swap btc to eth natively.

>>24160951
Cool, I still want to hear if there are any other projects that offer NATIVE BTC-ETH swaps.

[Anonymous No.24161107]

>>24160638
Ahahahahahahahahahahaha
>>24160811
>>24160835
>Buy my shitty solutions sirs

[Anonymous No.24161671]

Bump

[Anonymous No.24162047]

>>24160893
What’s wrong with being on chain? Seems more secure to me?
>>24160993
What’s wrong with pools?

[Anonymous No.24162070]

>>24160993
Btc to ETH will be achieved by THORchain writhin the next few months. The code is being audited as we speak

[Anonymous No.24162074]

>>24160426

[Anonymous No.24162111]

>>24162047
Onchain is shit. Do you like paying $40+ fees? Look at the recently defirun and the 2017 bullrun. The network gets too congested and too expensive for onchain dexs to be usable.

[Anonymous No.24162154]

>>24162070
BTC to ETH was already done by Stakenet DEX in July...

[Anonymous No.24162161]

Wanna see a real wrapped asset?
0xa2482ccff8432ee68b9a26a30fcdd2782bd81bed

[Anonymous No.24162169]

>>24162111
Checked. Sidechains and wrapped assets do nothing to solve on chain congestion. Layer 2 is the answer.

[Anonymous No.24162201]

>>24162154
That was a proof of concept test to show it's possible.
>>24162070
Your btc-eth swaps will be onchain....

[Anonymous No.24162202]

>>24162111
Yeah, but if you have a dedicated chain that does nothing but process trades/swaps and a small number of nodes (inb4 too centralized — they each have more RUNE bonded than the total value of liquidity)) you won’t deal with slow or expensive swaps. Look into it a little more, it’s a pretty smart solution once you dive into it.

[Anonymous No.24162244]

>>24162154
Didn’t know that, I’ve been blinded by only link gains all year. Just recently started re familiarizing myself with the present state of things

[Anonymous No.24162248]

>>24162202
A dedicated chain is a sidechain no? A sidechain is still on chain, which means it will eventually become congested.

[Anonymous No.24162278]

>>24162244
Checked based. Remember that
LINK RANK 1
XSN RANK 2

[Anonymous No.24162300]

>>24162248
No a side chain is something like lightning network and requires the main chain to operate I’m pretty sure (correct me if I’m wrong). THOR does nothing but process orders.

[Anonymous No.24162319]

>>24162278
This thread is blessed for some reason. Must be an important topic

[Anonymous No.24162373]

>>24162300
No lightning network is layer 2, it's not a side chain. It's a payment network not a blockchain.

[Anonymous No.24162470]

>>24162373
I guess I need to do some reading on the subject. But at a glance, it seems like a less secure solution. Help me out here

[Anonymous No.24162564]

>>24162470
Lightning network does have some issues, although a lot of the major ones got fixed in the recent upgrade to LND 11.

Honestly it was a struggle for me to find information on falconswap and thorchain. A lot of these "dexs" seem to have limited information on them.

A lot of projects use another chain for payments or trades but all that does it move the congestion else where, it's doesn't remove it because it's still technically onchain which would make major adoption difficult.

I recommend doing your own research into layer 2. A lot of people like that lightning is shit and can't scale but a lot of work has been done. See >>24162481

Also here is the latest news from lightning labs regarding bitcoin lightning pools.
>https://decrypt.co/46926/lightning-labs-defi-bitcoin-lightning-pool

[Anonymous No.24162572]

>>24162470
I will add that LND does plan on adding more privacy options in future releases.

[Anonymous No.24162663]

>>24162564
Thanks for that. I’ll read more about it.

Re: THORchain, if you’re interested at all, read these. They’re pretty simple and short to understand. I find the protocol to be prettt damn clever, but I’m just another lucky link pleb trying to figure out his next move:

>https://rebase.foundation/network/thorchain/specification-document-walkthrough/whitepaper
>https://rebase.foundation/network/thorchain/specification-document-walkthrough/economics-paper

[Anonymous No.24162712]

>>24162047
>What’s wrong with being on chain?
>Seems more secure to me?
>What’s wrong with pools?
The current state of /biz/.

[Anonymous No.24162738]

Check out $eye. One contract with individual token bonding curves. Saves on gas plus they have an underlying liquidity token $scx that burns quadratically.

[Anonymous No.24162836]

>>24162712
You don’t find it a little retarded that people are basically trying to move blockchain off the blockchain? To me the clear solution is FAST chains dedicated to one function. As for liquidity pools they’re a smart alternative to have in conjunction with traditional exchanges. They’re a relatively new thing so of course they’re not perfect. But once they’re secure and deep enough, you’ll be happy they exist.

[Anonymous No.24163409]

>>24160426
The only clone I recommend is penguin swap if you trade Buidl, arte or unifi. The pairs are random and fees are lower than uni

[Anonymous No.24163434]

>>24162836
Problem is bitcoin chain is slow as fuck and eth 2.0 is gonna take longer than what most people realise.

[Anonymous No.24163528]

>>24162738
>>24163409
>Buy my shitcoin please.

[Anonymous No.24163713]

>>24163434
Yeah that’s why I’m advocating for a solution like THORchain is using. Their own dedicated chain that does nothing but process orders and is interoperable (cross chain).

[Anonymous No.24163727]

>ctrl+f "Bancor"
>0 results
stay poor niggers

[Anonymous No.24164035]

DFOhub are working on one with native itemized batch transfers so you can send / trade heaps of erc20s at once for the gas price of a single tx, potentially saving you a shitton on gas

[Anonymous No.24164215]

>>24163727
>Bancor
Legit scam, does it even use chainlink oracles?

[Anonymous No.24164600]

Bump

[Anonymous No.24164637]

>>24160426
Honeyswap is pretty decent desu and with XDAI's OMNIBridge in beta you can buy Link on Honeyswap or send some of your link over to the XDAI chain on the bridge.

[Anonymous No.24164648]

>>24160426
someone needs to solve the bot problem or at least mitigate it

[Anonymous No.24164662]

>>24164637
Is this onchain? Does it use wrapped assets? Can it swap native btc-eth?
>>24164648
Kek

[Anonymous No.24164833]

>>24164662
WBTC and WETH are both on their default list so I'm gonna say yes. I haven't looked into Honeyswap as much as the XDAI chain in general

[Anonymous No.24164840]

>>24164833
Wrapped assets are a joke. Once again it's just another 'dex' solution.

[Anonymous No.24164878]

It is hard to find a good platform with crypto solutions to invest in.

Studied DuckDAO, read twi posts of crypto skilled users. Seems like it is a transparent platform with an investment system. Have you read/found anything about it?

[Anonymous No.24164887]

>>24164840
DYOR I'm no expert. Based on XDAI's omnibridge which can move assets onchain to the XDAI chain I'd assume theres more to whatevers going on than just 'wrap'

[Anonymous No.24164976]

>>24160426
Swop.fi is running and once gravityprotocol launches pools on waves using swop.fi than we are golden.

[Anonymous No.24165130]

>>24164878
I have not but it sounds like another DAO copy.
>>24164976
>it's another.....

[Anonymous No.24165354]

Great initiative OP. I've been trying ti find out about the greatest options in DeFi and I'm really struggling to find anything like Stakenet.

[Anonymous No.24165421]

>>24162201
To be fair it was a proof of concept back then and it involved running a full ETH node and Stakenet DEX simultaneosly on Linux. Lightning swaps with XSN also started out like that - hard swaps on Linux that were very involved..
Going with knex was smart

[Anonymous No.24165429]

>>24165354
Because there isn't. It's the only project with working lightning swaps. I can't will for eth testing to begin in the closed beta group.

[Anonymous No.24165468]

https://youtu.be/9SAZ-9OVt2M

[Anonymous No.24165620]

>>24165421
I wonder what it's like to do eth swaps now with connext, hopefully the stakenet team gives more information before December.

[Anonymous No.24166098]

Bump

[Anonymous No.24166550]

Bump

[Anonymous No.24167395]

Tomorrow we will get another 5 'dexs'.

[Anonymous No.24168253]

Blockkek is moving to l2 dex I thought

[Anonymous No.24168258]

>>24168253
They are extremely far behind.

[Anonymous No.24168795]

If you hold a wrapped asset, it is not yours. It is pegged to the real asset that is held by SOMEONE ELSE

[Anonymous No.24168920]

>>24168795
so it sounds like there is limited competition to stakekeks? Or am i missing someone with a working L2 exchange.

[Anonymous No.24169011]

>>24168920
At the moment I don't see anyone else doing what Stakekek is doing very specifically. Although there are certainly projects that are starting to see the benefits that Stakekek's vision have and will/are already beginning to work on L2 DEX tech

[Anonymous No.24169312]

>>24168920
There is basicly no competition, a few other projects like blocknet have stated they will move to layer 2 but they are so far behind that it's not even funny.

[Anonymous No.24169637]

DEXG

[Anonymous No.24169835]

>>24160951
jesus christ jopark stop peddling your broken scam dex, no ones falling for it. stakenet team had 3 years to come up with something, anything. not counting posw, they have failed to achieve 50% of every roadmap they've ever made. what happened to merlin? what happened to raiden? the same thing that will happen to connext. fuck off

[Anonymous No.24169856]

>>24169637
>Another 'dex'......
>>24169835
>jesus christ cz stop fudding your.....

[Anonymous No.24169890]

>>24169856
hahahaha calling me cz yeah didnt expect that. come on, update your script, you're boring

[Anonymous No.24169914]

>>24169890
>s-scam
>3 years no dev work fud
>posw
>roadmap fud
>raiden fud
>shitting on connext which is better than raiden (already works in windows)
>update your script, you're boring
Update your script, you're boring.

[Anonymous No.24169931]

>>24169890
>come on
Joe is that you?

[Anonymous No.24169999]

Someone post the hundred+ page technical document on how to achieve lightning swaps that the stakenet team made and eventually simplified down to a single button. Shit is insane, fucking space magic bullshit if I've ever seen it.

[Anonymous No.24170020]

>>24169999
Checked.
https://link.medium.com/f9N6jcE067

[Anonymous No.24170050]

>>24169914
it's all true tho, desu there is no need to fud this piece of shit anyways. just look at the value of this turk roach coin, and the typical pnd pattern it followed

[Anonymous No.24170074]

>>24170050
>it's all true tho,
No it's not fud.
>turk roach coin
>pnd
Kys.
>desu
Neck.
>no need to fud this piece of shit anyways.
>fuds

[Anonymous No.24170088]

>>24170074
>No it's not fud.
Whoops meant
>Not it's all fud.

[Anonymous No.24170101]

>>24169914
either the currynigger pajeet/turkroach dev team are incompetent, or its unironically a scam. pick one. based on the daily coordinated shill you guys pull, my money's on scam.
gonna leave future xsn threads unfiltered though, watching the team blame connext for not being able to deliver a functioning product before moving the goalposts again is inevitable

[Anonymous No.24170120]

>>24170101
>gonna leave future xsn threads unfiltered though,
Because you are an investor who wants to buy more. Imagine fudding xsn in 2020.

[Anonymous No.24170151]

>>24170074
quality refuting, draper really isnt paying you enough is he? back to the drawing board please, i want to see more scripted walls of text to laugh at

[Anonymous No.24170165]

>>24170151
>Responds to the same post
I wanted to see less scripted fud. Can you come up with any thing new?

[Anonymous No.24170169]

>>24170101
Alright thanks for letting us know that you are stupid and/or lying. Just buy it or leave it. Shitty fud is meaningless when this is a discussion about how Stakenet are ahead of all 'competition' in creating a L2 DEX.

[Anonymous No.24170179]

>>24170120
leaving it unfiltered because watching you go through the linguistic hoops of peddling this worthless shitcoin before i tear it down is funny to me

[Anonymous No.24170197]

>>24170179
>before I tear it down
NOOOOOOOO PLEASE ANON DON'T DESTROY MY STAKIES REEEEEEEEEEEE

[Anonymous No.24170208]

>>24170179
>I tear it down
Hahahahhahhahahhahahahahhahahahhahahahahahahhahahahahahahahahhahaahahhahahhahahahahahahhahahaha ahahahahahhahahahhahahahahhahahahahha hahahhahahahahahahah

[Anonymous No.24170232]

>>24170120
if this is your way of combatting fud you're really not doing yourself and your cult any favors. the thread speaks for itself, nobody will nor is buying this shit - which anybody can validate by looking at the volumes and price

[Anonymous No.24170303]

>>24170197
>>24170208
back to the drawing board now before you do any more damage to your scam. you're embarassing yourselves

[Anonymous No.24170354]

>>24170232
>The thread speaks for itself [...]
A reasonable discussion gets derailed by spastics. We all know what dedicated fudders means for a project, you lot make me want more.
>>24170303
lmao dude just relax, you are quite a lot more stupid than you realise and are making an utter fool of yourself

[Anonymous No.24170471]

>>24170232
>>24170303
Cz brought his friends today.
>>24170354
Based, honestly can't be fucked taking fud seriously anymore. Every time you give them a proper answer they ignore it and whine like babies.

[Anonymous No.24170629]

>>24170471
imagine unironically believing that cz personally considers these people his arch nemesis rofl

[Anonymous No.24170670]

>>24170471
you guys really should finish stop procrastinating and finish off ulyana's fictive bio, or is she just the pass-around girl at the warehouse office?

[Anonymous No.24171129]

>>24170629
>>24170670
'Yawn'

[Anonymous No.24171838]

Reminder microsoft literally almost word for word plagiarized then tried to copyright a concept that an x9 dev wrote up while bored in his spare time

[Anonymous No.24171960]

>>24171838
As far as I'm aware, Exertive Proof of Stake has been patented by Microsoft now, as you say with bits copied and pasted a week or so after the Medium article was published by Stakenet, but yeah.

[Anonymous No.24172001]

>>24170629
>tfw no ulyana gf

[Anonymous No.24172279]

>>24172001
>Tfw the camera lens would make her look worse.
>You'll never have a cute dev gf

[Anonymous No.24172759]

TDXP, look it up

[Anonymous No.24172763]

Can someone give me a QRD?
Did any L2 DEX top XSN?

[Anonymous No.24172854]

>>24172763
No. A bunch of people going "look up coin x" without detail, and the ones i've looked into have been trash tier.

[Anonymous No.24173019]

>unijeet poos cope about other dexes
when idiots want to create a single point of failure in a decentralized environment. Not a cex will trigger the bear market this cycle, rather the regulatory end of dexes and the eternal lock up in scs do to those regulations and aml concerns

[Anonymous No.24173429]

>>24172763
Nope. XSN is still No1 in the dex department.

[Anonymous No.24173696]

>>24172854
>>24173429
Thanks. Looked like an interesting thread that slowly devolved into one or two people flinging shit because they can't intelligently or elogantly explain why there aren't any better alternatives

[Anonymous No.24174128]

>>24173696
Welcome to XSN fudding