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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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50310661 No.50310661 [Reply] [Original]

GNS or GMX?

>> No.50310728

>>50310661
I have a make it of GNS, and a sui of GMX. so...I guess gns?

>> No.50310808

>>50310661
Gns

>> No.50310816
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50310816

>>50310661
>LIMINAL SPACES

>> No.50310828
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50310828

>>50310661
Trade on gTrade, buy both coins. Simple as.

>> No.50310832

Arthur Hayes is shilling GXM, that's all I know

>> No.50310903
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50310903

>>50310661
GNS.
Polygon is trying to pump them and they have been making huge moves lately.

>> No.50313079

>>50310903

GNS is going to have great momentum in the next few weeks to months. Normies who feel prices out of GMX can buy a thousand GNS and get a sui easily.

>> No.50313310

>>50310816
what the fuck does "liminal" even mean?

>> No.50313370

>>50313079
normies have never heard of either of these projects

>> No.50313504

gmx captures fees
gns does nothing
gmx, if the synthetics product is good, is pretty much what snx wanted to be 3 years ago and failed miserably.

>> No.50314466
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50314466

>>50310903
we gonna make it gaybros

>> No.50314502

>>50310661
>>50310808
>>50310828
>>50310903
>>50313079
>thinking your dead shitcoin ponzis are gonna do anything worthwhile next cycle
never ever ever ever ever gonna make it

>> No.50314681

>>50313504
Wrong. GMX is garbage compared to GNS.

>> No.50314742

>>50313370
which is exactly why it is time to buy NOW

>> No.50314790

gmx, when it dips, they are the king of defi on arb and other protocols are integrating with them.
They are essentially a more profitable uniswap

>> No.50315940
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50315940

gnsbros...no one is using our fucking website...

>> No.50317300

>>50310728
what are the stacks my biz bro?

>> No.50317308

>>50313079
whats the sui brother?

>> No.50317332

>>50310728
>>50314790
I plan to sell some of my gns, the slow development kills this project.
What's the sui of gmx?

>> No.50317434 [DELETED] 

>>50310661
GMX

>> No.50317653

>>50310661
Let's see.
GFARM/GNS started in Jan 2021, GMX started around the same time (GNS started 1-2 months earlier btw).

In that same span of time:
- GMX has implemented partial TP (GNS discussed this since Aug 2021, still no implementation).
- GMX has already gone into multi-chain (GNS is still stuck in one chain, citing no resource for that for now).
- GMX has implemented single staking (GNS is still implementing).
- GMX has 10-20x daily volume more than GNS.
- GNS UI is buggy (trades periodically disappear, need backend to be restarted lmao).

All in all, GNS is just too slow. The team feels... too amateurish, and seems oblivious to what traders need (Seb said trading competition in bear market is worthless(lol !?) meanwhile if you're in any TG trading group, nowadays many CEX are heavily doing trading competition).

I still have GNS bag (just for diversification), but clearly GNS is losing hard.
My biggest bag is in GMX, then SNX, then Premia, GNS bag is the smallest.

>> No.50317777

>>50317300
132.5 gmx
2600 gns
but I just used coingecko max supply to calculate. I know gns is still printing...

>> No.50317798
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50317798

>>50317777
fucking wasted KYS

>> No.50317814

>>50317653
I think GMX still has less pairs though. I haven't done enough research but do they offer lower leverage?

>> No.50317876

>>50317653
Tbh I think sebs autism is kind of getting in the way here. He just wants to improve the trading platform even if nobody is using it, and can’t see the bigger picture that GNS is clearly behind here

>> No.50317922

>>50317777
checked and ultra based

>> No.50317988

>>50317814
Yeah, that's the only advantage of GNS. For now. Once GMX release x4 (Synth) then it is game over for GNS.

But then again, more trading pairs doesn't mean anything if nobody uses it (see how many traders are complaining about spread & fees on smaller pairs on GNS?)
Think about it, Polygon has waaaaay more users/address/volume compared to Arbi and GNS provides waaay much more trading pairs but somehow GNS has way lower volume than GMX? Clearly there's something very wrong here.

>> No.50319076
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50319076

GNS whale just dumped a ton. I bought the dip.

>> No.50319420

>>50319076
Sold just before the dump to buy gmx, bought back 50% immediately at the bottom kek.

>> No.50319493

>>50319420
jesus, seb's cult has some fucking funds to be able to eat that whale's sell so fast.

>> No.50319581

>>50319493
I'm still going to buy gmx to diversify, but even then I know that gns is too undervalued atm.