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29652010 No.29652010 [Reply] [Original]

My friend has invested a lot in it and won't shut up about IT. Wondering what you guys think of it?

>> No.29652104

Given the competition and what it brings to the table, I don't see a way this doesn't at least 10x from here, if not 50x.

>> No.29652659

>>29652104
Why?
What does it do?

>> No.29652676

I'm holding 21 DEXG in minecraft and I think next month were going to see some big movement. In minecraft.

>> No.29653043

>>29652104
Could you develop? I'd by happy to hear it

>> No.29653115

Given it's entirely on Layer 1, and Layer 1 gas fees are here to stay, I don't think it's going to reach any meaningful degree of adoption. Probably still undervalued, but not the Uni killer that its proponents consider it to be.

>> No.29653796

>>29653115
The people using dexg (whales) don't give a fuck about gas fees

>> No.29653839

>>29652010
easy $10,000 coin

>> No.29654160

>>29653839
How long term are we talking?

>> No.29654286

>>29652659
>>29653043
From what I understand, two main innovations. First, they have a unique token pooling mechanism that backs every liquidity pool with a single wrapped ethereum pool that dynamically adjusts itself, so you don't have to add pairs to provide liquidity. More importantly, this mitigates (or eliminates) impermanent loss because when you withdraw liquidity you will be reimbursed in weth for any adverse change in token value. It's a pretty interesting concept and one that's hard to explain (they spend a lot of time trying to explain it in their telegram).

Another one is that it has an on-chain pricing system that isn't reliant on oracles. So the price of a token on the DEXG exchange won't be as easily impacted by whale activity and will be "smoother" or so they claim. This also reduces slippage to near zero, and in theory will attract a lot of arbitrage to the exchange since it will have a different token price based on different factors. Kind of like "calling the bluff" of price oracles when they have sharp fluctuations even though actual market conditions haven't changed.

>> No.29654331

A token backed by developer treasuries
ParaState pioneers an innovative model for sustainable and decentralized open source software development.

>>>>>parastateio

>> No.29654358

A token backed by developer treasuries
ParaState pioneers an innovative model for sustainable and decentralized open source software development.


>>>>>>parastate.io

>> No.29654446

>>29654286
Alright thanks man

>> No.29654664

Waiting for the trade fee %

>> No.29654744

>>29654160
For it to reach $10,000, that's a 550 million dollar market cap, which puts it jut in the late 90s in terms of rank. Since other clear forks of uni and aggregators have hundreds of millions in market cap, it provides a case for an original solution to grow in a major way.

In terms of how long to hold, it's supposed to provide dividends of the daily trading volume to the holders, so its essentially passive income. How long you want to hold really is balancing the future of the product vs the immediate gains of selling it all.