See More CryptosHome

DEX

dexIRA

Show Trading View Graph

Mentions (24Hr)

14

75.00% Today

Reddit Posts

MetaWarfare - NFT game - 7k MC - Liquidity Locked - Owner renounced- 100% safu - staking available - Beta soon

Blue Flask | Solid Team | Own Ecosystem | KYC verified by PinkSale | Dual Token mechanism | Stake & Yield Farming | Earn Passive Income | High APR % | 0% Tax fee | Powered by Labswap

Blue Flask | Safu | Own Ecosystem | KYC verified by PinkSale | Dual Token mechanism | Stake & Yield Farming | Earn Passive Income | High APR % | 0% Tax fee | Powered by Labswap

Y5 Trader Token Private Sale Now Live!!

The Web3 Project — Dual Rebase, The Jackpot, Miners & The WUSD Stable Coin. 12x ROI in a year. 1% rebase buyback daily! Quantum Investing! The hottest project in DeFi right now.

Regulation: two birds, one stone. My dark maximalism.

MetaWarfare | FPS | Beta leaked | doxxed | audited | based

Blue Flask | Safu | Own Ecosystem | KYC verified by PinkSale | Dual Token mechanism | Stake & Yield Farming | Earn Passive Income | High APR % | 0% Tax fee | Powered by Labswap Decentralized

Crafty Metaverse (CMETA) V2 | bridged contracts |just launched | Staking platform | NFTs | P2e game| Virtual art studio

DecentraWorld [$DEWO] | Ecosystem of DApps w/ Privacy protocols by default | Privacy Layer 2 Block Chain & DEX launch incoming | Huge Marketing Push | 4 CEX set to list | Launched 72 hours ago | Over 17k TG | $4M Market Cap | Doxxed & Audit

DecentraWorld [$DEWO] | Ecosystem of DApps w/ Privacy protocols by default | Privacy Layer 2 Block Chain & DEX launch incoming | Huge Marketing Push | 4 CEX set to list | Launched 72 hours ago | Over 17k TG | $4M Market Cap | Doxxed & Audit through PinkSale | Amazing layer 2 blockchain at Low MC

DecentraWorld [$DEWO] | Ecosystem of DApps w/ Privacy protocols by default | Privacy Layer 2 Block Chain & DEX launch incoming | Huge Marketing Push | 4 CEX set to list | Launched 72 hours ago | Over 17k TG | $4M Market Cap | Doxxed & Audit through PinkSale | Amazing layer 2 blockchain at Low MC

Yumi Token | The future of decentralized finance | x1000 Potential KYC Verified Team & Contract Source Code Verified | Dont miss this rocket to the moon!!

The Web3 Project — The hottest project in DeFi right now. The WUSD Stable Coin. Biggest Buy Daily! Miners are Live! Dual Rebase. Point Shop Live Today! Jackpot Daily! 12x ROI in a year. 1% rebase buyback daily! Live AMAs!

Polygon launches DEX aggregator Odos with multi-currency exchange

Check it out!: Labswap V2 $LAB | Own Ecosystem | Stake & Yield Farming | Earn Passive Income | High APR % | Dual Token Mechanism | Low Market Cap | 0,1% Slippage | 0% Tax fee | Organic Grow | Solid Project | Don’t miss it! Be tuned

Blue Flask | $FLASK | KYC verified by PinkSale | Own Ecosystem | Dual Token mechanism | Stake & Yield Farming | Earn Passive Income | High APR % | 0% Tax fee | Powered by Labswap Decentralized

The Web3 Project — Dual Rebase = Price Rebase + Balance Rebase Highest APY = 1M Sustainable APY + 475.65% APR Fastest APY = Rebase happens every 3 seconds. Certik Audit Almost Complete! Oshies Club! Community Involvement! AMAs Live!

Labswap V2 $LAB | Own Ecosystem | Stake & Yield Farming | Earn Passive Income | High APR % | Dual Token Mechanism | Low Market Cap | 0,1% Slippage | 0% Tax fee | Organic Grow | Solid Project | Be tuned!!

#blockchain#DEX#smartcontract#KYC#rugdog You are looking for a perfect plug for your smart contract analysis and audits, for your dex and even your KYC Procedures. This team of personnels are well trained and tested in doing it perfectly well and this is not an opportunity you would want to miss G

The Web3 Project — Dual Rebase = Price Rebase + Balance Rebase Highest APY = 1,171,619.74% Sustainable APY + 475.65% APR Fastest APY = Rebase happens every 3 seconds 12x ROI in a year. Miners, Governance, NFTs! Certik Audit Final Review! Oshies Club! Jackpot Daily! Live AMAs!

Umbreum Token ($UMBC)| [$214.39K market cap] | [1 day old] | Coin of The Dark Nexus Metaverse | Doxxed Developers from Ivy Leagues |

Can you suggest a DEX token to invest?

r/BitcoinSee Post

Institutional DeFi Enabler? Data Firm Kaiko Probes DEX Liquidity With New Product

Uniswap Explained

SPEED-Fi | Next Generation multi-network DEX Development - 15+ Cross-Chain Support | Live Video Chat and Voice Chat | Mass Adoption of Ecosystem | Lottery / Betting License | Staking Platform Development Completed Before Presale| Presale on first week of June 2022

| Hero Cheebs | Fair Launch In 10 Minutes | Building an open marketplace where you can buy and sell NFT's | Low Tax | Big Marketing Plans |

The Web3 Project — Certik Audit Final Review! Oshies Club! Jackpot Daily! Live AMAs! 12x ROI in a year. Miners, Governance, NFTs! Dual Rebase = Price Rebase + Balance Rebase Highest APY = 1,171,619.74% Sustainable APY + 475.65% APR Fastest APY = Rebase happens every 3 seconds

r/CryptoCurrencySee Post

Phoenix Finance on Twitter

Labswap V2 $LAB | Own Ecosystem | Stake & Yield Farming | Earn Passive Income | High APR % | Dual Token Mechanism | Low Market Cap | 0,1% Slippage | 0% Tax fee | Organic Grow | Solid Project | Don’t miss it!

What do you think about my portfolio and strategy?

I just tried using Orion Protocol, lost some money on fees and hated it. Am I to blame?

Labswap V2 |$LAB | Own Ecosystem | Dual Token Mechanism| Stake & Yield Farming | Earn Passive Income | High APR % | Dual Token Mechanism | Low Market Cap | 0,1% Slippage | 0% Tax fee | Organic Grow | Solid Project | Don’t miss it!

What's Your Preferred Decentralized Exchange (DEX)?

Proposal to Significantly Increase Rocket Pool's On Chain Liquidity and Capital Efficiency

Lunchowswap dex live

Crush - [$2k MC] - stealth launched NOW! BSCs finest rewards+utility token with 6% USDT reflections! CrushSwap, CrushCasino dApp!

Crush - stealth launching NOW! BSCs finest rewards+utility token with 6% USDT reflections! CrushSwap, CrushCasino dApp! Stealth launching now!

r/CryptoMoonShotsSee Post

Umbreum Token ($UMBC) | Coin of The Dark Nexus Metaverse | Doxxed Developers from Ivy Leagues | 2CHAINZ Launch Concert |

r/CryptoMoonShotsSee Post

The Web3 Project — Dual Rebase = Price Rebase + Balance Rebase Highest APY = 1,171,619.74% Sustainable APY + 475.65% APR Fastest APY = Rebase happens every 3 seconds Certik Audit Final Review! Jackpot Daily! Live AMAs! 12x ROI in a year. Dual Rebase. Point Shop, Miners, Governance, NFTs!

Blue Flask | $FLASK | Solid Team KYC verified | Own Ecosystem | Dual Token mechanism | Stake & Yield Farming | Earn Passive Income | High APR % | 0% Tax fee | Powered by Labswap

UST is still salvagable!

Crush - Battling the market volatility and beating the odds! BSCs finest rewards token with 6% USDT reflections! CrushSwap, CrushCasino dApps! Stealth launching now!

r/CryptoMoonShotsSee Post

The Web3 Project — 103.8B% APY + 475% 12x ROI in a year. Certik Audit Final Review! Fastest APY = Rebase every 3 seconds! Live AMAs! Point Shop, NFTs! Miners, Jackpot Daily! Governance. Dual Rebase. Best =Highest APY & APR! Defi project right now

Stake Protocol | Pinksale Fair Launch | We combine the best elements of Titano, Drip and Olympus Dao | Defi Lottery - Huge Earns | Faucet and Rebase Rewards up 3% Daily utilizing our unique Net Elastic Rebase Depletion (NERD) Protocol | Audited & KYC by Pinksale

Why Should You Choose forbitspace DEX super aggregator?

r/BitcoinSee Post

DeFi on Bitcoin. Rootstock RSK sidechain.

r/CryptoMoonShotsSee Post

$CakeShiba is the first in the world to provide this technology | reflections of 7% are paid to holders In $Cake | Stealth Launch With Zero Holders Soon |

Blue Flask | Own Ecosystem | Dual Token mechanism | Stake & Yield Farming | Earn Passive Income | High APR % | Solid Team KYC verified | 0% Tax fee | Powered by Labswap

r/CryptoMoonShotsSee Post

The Web3 Project — 103.8B% APY + 475% =Highest APY & APR! 12x ROI in a year. Fastest APY = Rebase every 3 seconds! Certik Audit Final Review! Jackpot Daily! Live AMAs! Dual Rebase. Point Shop, Miners, Governance, NFTs! Best Defi project right now

r/CryptoCurrencySee Post

Let's share some excitement ! Share your current favorite crypto project. Low-caps welcomed 🤗

What is next for UST?

r/CryptoMoonShotsSee Post

The Web3 Project — 103.8B% APY + 475% =Highest APY & APR! Certik Audit Final Review! Jackpot Daily! Live AMAs! 12x ROI in a year. Dual Rebase. Point Shop, Miners, Governance, NFTs! Fastest APY = Rebase every 3 seconds! Best Defi project right now

80% OFF Buy Tax on Sunday 15th May for Bodav2 | Certik Audited | 19% Busd Reward Token | 100% Doxxed Team

Several DEX appears under attack. Kindly be on alert

MEETWAY launch 10 minutes | Stealth Launch | Big marketing plan | Move To Earn, Music posts NFTS | Slippage 1%

r/CryptoCurrencySee Post

Reading and Interpreting blockchain explorers

MLOKY is the second token on the LunaChowswap ecosystem.

MLOKY is the second token on the LunaChowswap ecosystem.

The Web3 Project — Highest APY = 103.8B% APY + 475% APR! Certik Audit Almost Complete! Jackpot Daily! Live AMAs! Point Shop, Miners, Governance, NFTs! 12x ROI in a year. Dual Rebase. Fastest APY = Rebase every 3 seconds!

r/CryptoCurrencySee Post

Can the attacker who crashed Terra Luna, UST make the same move on other crypto projects?

r/CryptoCurrencySee Post

LUNA, a inherently unstable stablecoin from the beginning.....

We are light years away from DeFi becoming a mainstream and meaningful reality unless we significantly accelerate innovation to make SUBSTANTIAL improvements in its current state. Current state DeFi is fantasy and coding experiment - way too immature and fluffy to even survive.

The Web3 Project — Highest APY = 103.8Billion% APY + 475.65% APR Jackpot Daily! Live AMAs! Point Shop Live! Biggest Buy Daily! 12x ROI in a year. Miners are Live! Dual Rebase. Fastest APY = Rebase happens every 3 seconds!

r/CryptoCurrencySee Post

How it's possible for UST to go to zero

r/CryptoCurrencySee Post

Something Liquidity providers should look out for

How LUNA and UST could die

Don't buy UST/Luna now. It has become a perpetual money printer for VCs. The more you buy the more they can dump.

r/CryptoCurrencySee Post

Don't buy UST/Luna now. It has become a perpetual money printer for VCs. The more you buy the more they can dump.

r/CryptoCurrencySee Post

Crypto investors around the planet! Maybe try a DEX?

r/CryptoCurrencySee Post

I need an ELI5 on Coinbase

r/CryptoCurrencySee Post

Let me know if I’m on base here

r/CryptoMoonShotsSee Post

Blue Flask | Very Limited Supply | Dual Token mechanism | Stake & Yield Farming | Earn Passive Income | High APR % | Solid Team KYC verified | 0% Tax fee | Powered by Labswap

r/CryptoMoonShotsSee Post

Hold MLOKY and earn an endless reward in BUSD & LUCHOW

r/CryptoMoonShotsSee Post

The Web3 Project —Multi Stake is Live! Highest APY = 103,864,155,400.73% APY + 475.65% APR Fastest APY = Rebase happens every 3 seconds! Bigger Jackpot Daily! Many Live AMAs! 12x ROI in a year. Miners are Live! Dual Rebase.

r/CryptoMoonShotsSee Post

UniqueDex - the new generation of decentralize exchange/ already launched.

r/CryptoCurrencySee Post

Anyone needing to cash out their UST, do not send to a CEX they are blocking transactions and suspending withdrawls of UST. Your money could end up stick in while it drops in value.

r/CryptoCurrencySee Post

Binance Halts LUNA Withdrawals as Terra Token Plummets 50% - DEX is the key!

r/CryptoMoonShotsSee Post

The Web3 Project — Highest APY = 103,864,155,400.73% APY + 475.65% APR Fastest APY = Rebase happens every 3 seconds! Jackpot Daily! Live AMAs! Point Shop Live! Biggest Buy Daily! 12x ROI in a year. Miners are Live! Dual Rebase.

r/CryptoMoonShotsSee Post

Blue Flask | Own Ecosystem | Dual Token mechanism | Stake & Yield Farming | Earn Passive Income | High APR % | Solid Team KYC verified | 0% Tax fee | Powered by Labswap

r/CryptoMoonShotsSee Post

Introduction of UniqueDex, launch today 10th May.

r/CryptoMoonShotsSee Post

Metawarfare Official | audited | safe | kyc verified | FPS

r/CryptoCurrencySee Post

Lost Crypto while transfer between Exchanges

r/CryptoMoonShotsSee Post

Mloky is the second token on the Lunachow ecosystem.

r/CryptoMoonShotsSee Post

ISAMU stealth Launched 3 Minutes | $ISAMU is a highly deflationary token on the Binance Smart Chain that never stops growing through TRUE deflationary techniques and further income generation for its ecosystem

r/CryptoMoonShotsSee Post

Orbit presale (9ct) is live till may 11th on the OrbitPad - Relaunch is May 12th at 12ct

r/CryptoMoonShotsSee Post

The Web3 Project — Highest APY = 103B% APY + 475.65% APR Fastest APY = Rebase happens every 3 seconds! Jackpot Daily! Live AMAs! Point Shop Live! Biggest 1% Buy Daily! NFTs, Mystery Boxes, Upfinity League, 12x ROI in a year.The hottest project and the highest stable APY Protocol and DeFi

r/CryptoCurrencySee Post

If you must sell, don’t give CEXs power to manipulate

r/CryptoMoonShotsSee Post

ByBarter: A Next-Gen Decentralized, Non-Custodial Peer-to-Peer Service Platform | Private Sale Live Now.

r/CryptoMoonShotsSee Post

The Web3 Project — Jackpot Daily! Over 100Billion% APY + 475.65% APR 5.85% Price Rebase Event! Live AMAs! Point Shop Live! The hottest project in DeFi right now. Biggest Buy Daily! 12x ROI in a year. Miners are Live! Dual Rebase.

r/CryptoMoonShotsSee Post

Blue Flask | DeFi Hub | Dual Token mechanism | Stake & Yield Farming | Earn Passive Income | High APR % | Solid Team KYC verified | 0% Tax fee | Powered by Labswap

r/CryptoCurrencySee Post

FLEX - a DEX faster than a CEX, will be a game changer in defi

r/CryptoMoonShotsSee Post

The Web3 Project — Jackpot Daily! 5.85% Price Rebase Event! Live AMAs! Point Shop Live! The hottest project in DeFi right now. Biggest Buy Daily! 12x ROI in a year. 103,864,155,400.73% APY + 475.65% APR Miners are Live! Dual Rebase.

Why SatoshiSwap is the real deal.

r/CryptoMoonShotsSee Post

Dex Stock Market | Innovative marketing strategy | Vibrant community | Safe Team | Experienced Dev

r/CryptoMoonShotsSee Post

Ado.Network The World's 1st Token That Offers Affiliate Commission Build Into A Smart Contract

r/CryptoMoonShotsSee Post

Multi-Utility – NFT Marketplace Live

r/CryptoMoonShotsSee Post

Blue Flask | Organic Growth | Dual Token mechanism | Stake & Yield Farming | Earn Passive Income | High APR % | Solid Team KYC verified | 0% Tax fee | Powered by Labswap

r/CryptoMoonShotsSee Post

The Web3 Project — 103,864,155,400.73% APY + 475.65% APR Point Shop Live! The hottest project in DeFi right now. Biggest Buy Daily! 12x ROI in a year. Miners are Live! Dual Rebase. Jackpot Daily! 5.85% Price Rebase Event! Live AMAs!

r/CryptoMoonShotsSee Post

UniqueDEX an amazing interpretive blockchain platform.

Mentions

A DEX has will have higher trading fees, at least for the upcoming years.

Mentions:#DEX

Not sure where this magical info is being sold that DEXes are going to replace CEXes, but yours isn't the first such comment I've come across in the last few days. If anything the future for DEX is bleak. Regulations will force them to either go rogue and stay small and off the grid or start collecting the identities of people using their platforms and be more like centralized exchanges.

Mentions:#DEX

Using circle as an intermediary isn't sufficient. For a DEX to be even a small threat to Coinbase it'll need to have direct SWIFT and ACH integration

Mentions:#DEX#SWIFT

If those coins were obtained on a DEX, good luck with that

Mentions:#DEX

There are chain/DEX/wallet combinations like PROTON (XPR) already on this. They have a DEX with KYC and a fiat on/offramp directly through CIRCLE via USDC. This are gonna move fast from here.

Mentions:#DEX#XPR#USDC

Isn't the only way to cash out from a DEX through stablecoins anyway?

Mentions:#DEX

Well I’m assuming you can understand it and it’s as easy to use as it’s ever been between wallets or CEX/DEX. How often do you use it now? How many times a month?

Mentions:#CEX#DEX

Eventually a DEX will take over. Once a DEX with simple cash-in & cash-out features gets implemented, it’ll take a huge chunk out of CB.

Mentions:#DEX#CB

new projects almost always release on AMM DEX first. on AMM DEX LP if price changes, it would rebalance the total pool by itself. For example if token XYZ is priced at $1 and 1 USDT is at $1, that means if the project puts 10,000 XYZ and $10,000 USDT, you have 10,000 worth of XYZ/USDT LP token. every 1 XYZ/USDT LP token can be traded back to 1 XYZ and 1 USDT now if XYZ is priced at $2, that means 1 XYZ/USDT LP token will give you 0.5 XYZ and 1 USDT instead since 1 XYZ now cost 2 USDT. so if price keep going higher, as you can see liquidity will get drier

usually new projects put some decent amount of liquidity to AMM DEX LP for the pair traded against stablecoin or native crypto of the chain (i.e., ETH in ethereum or BNB in BSC). so Bob in this case would take away the profit from that LP. if this is a coin that's been traded for sometimes, usually the same coin would have enough buy orders on CEX'es as well (centralized exchanges). If the coin had no liquidity, then yes, Bob would not be able to sell in your scenario

The important thing is to understand where the yield is coming from. There are some things like liquidity pools on DEX’s where there’s real income made from swap fees, or on decentralizing lending/borrowing platforms that make money on interest, but in both cases the real income is usually only a few percent. Most other yield farms are inflationary (or will have a small amount or real income supplemented by inflationary rewards), printing shit loads of their own proprietary token and giving them out as APY. It’s just a fancy and decentralized version of paying out old investors with new investors money.

Mentions:#DEX

Might? even dexes have that problem, bruh on the Kadena chain, one of the dexes tried to be out faster than Kaddex and it was found out that it was just because VC's wanted to do insider trading and sell their tokens out This shit is a daily happening, from CEX to DEX to whatever else there is in between, i bet even Tether has that Be careful out there folks, never get into a newly launched project Wait a bit and be safe, patience pays off big

Mentions:#CEX#DEX

* Relevant Cointest topics: [Uniswap](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_uniswap), [Ethereum](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_ethereum). * Official and related subreddits: r/DeFi, r/DEX, r/UniSwap, r/Pancakeswap, r/SushiSwap, r/Bisq, r/JustSwap. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/uul911/5_biggest_defi_hacks_and_heists_in_2022_hacken/?sort=controversial). Doesn't work on mobile.

Mentions:#DEX

Satoshiswap will be 100% percent on chain DEX, all of the functions will be happening on blockchains. We will get released on the main chains gradually over the coming months. (ETH,BSC,AVAX,MATIC,FANTOM) Imagine the endless possibilities to turn few dollars to 1000s by shorting or longing any crypto deployed on any main chain. Just look at any respectable token launch from the past. Now ability to control your profits and losses you can do in safe and controlled manner. There is also secret utility project not revealed yet to prevent copycats. We also got limited supply with token burn not just from the DEX fees but also from SSB charting platform. This project got a chance to overtake PCS as their long and short is not on 100 percent on chain and quite limited in terms of what crypro you can short or long.

I checked out your (CZ) reddit profile and was surprised to find 8 year old posts and when you launched the exchange. - Q1: What did you work on before coming up with the exchange idea? - Q2: How did you find the encouragement to start such a big project (Binance)? I coded a CLOB DEX from scratch but I can’t imagine handling the marketing, auditing, and everything else. It’s haunting…

Mentions:#DEX

How is Binance going to evolve with the upcoming forces of DEX’s and their increasing popularity? Is there going to be any incentive to keep our funds on Binance over, for example, Loopring in the future?

Mentions:#DEX

An overabundance of free non-custodial wallets--too many to list. Free e-commerce software and payment processors like BTCPayserver. Networks like the LN which make transactions effectively free (.0004¢ average). Node software applications. Multisig setups. LN debit cards (NFC) like Boltcard or Satscard, mining pools, DEX's, submarine swaps... Bitcoin the network is now starting to unleash its open source fucking hell on the world where the technology surrounding it trends towards its cost of production as information--which is close to ZERO, or trends towards product proliferation, both of which are a race to the bottom basically. This makes it inclusive for the entire planet. Block is working on an open source ASIC, and an open source DEX, and most hardware wallets have open source software. I'd say yes, bitcoin is inevitable, because people haven't figured out yet that mining, the part of the network tethered to the physical world, will do the same for energy. It's posts like this that start to bring out my confidence and feed my decent into Dark Maximalism against those who would stand in bitcoin's way. I've avoided 4chan heretofore though.

Mentions:#LN#DEX#ZERO

You can use a CEX, dno if Bitget is available for you in the US, I've been using it with no issues (located in EU though). If you prefer a DEX and connecting your wallet, try out dydx.

Mentions:#CEX#DEX

Bitcoin as a world reserve asset dear u/Salt-Traffic59 means it'll be used by governments, businesses, and charities as much as it will by individuals. There will be plenty of centralized entities trying to exploit it, Block however, looks to set an early precedent for them all with open source everything (ASIC, Hard Wallet, DEX, etc). This is really important, like the battle for the internet once it started catching on in the late 80s. Unfortunately though, Cisco, Microsoft, et al, drew first blood, and decided software licenses and protected IP were better than open source. Bitcoin is a little different of course, but what's cool about it is that the technology surrounding it will always trend towards its cost of production as information--which is close to zero. That's how we get an over abundance of free software wallets, the LN, etc. So trying to build a shareholder environment around BTC doesn't actually work over the longterm, unless you are actively providing value for the network (mining, silicon, energy, hardware wallets, node software, nodes, DEX, etc), instead of trying to exploit the deflation of the money. I think Jack and Block are important. What say you about this argument?

Mentions:#DEX#LN#BTC

Wow I’m so desperate for the DEX to be release so many token right now we can short 💎💎🔥😎

Mentions:#DEX

This is my first Experience of a crypto bear market and I feel excited about it. My focus is stacking up for the next bull cycle which we ain’t sure when it’s coming. I don’t have that much cash flow so am DCAing monthly into some gems I find promising. For now am focused on ALBT because of their DEX launch. then I might move to NEAR and DOT.

I really hope this happens soon. Eth has been in a holding pattern for me since I (stupidly) locked up with Coinbase. The more I learn about DeFi staking and using a DEX to swap to USDC the better. I just need an exchange agnostic checking or debit card to come at some point.

Mentions:#DEX#USDC

Some good counterarguments. **Privacy coins.** no current "no-coin" electronic/technical implementation can beat the privacy afforded by privacy coins. Privacy coins holds so much utility and potential even without all the nefarious use cases. Such as avoiding surveillance of totalitarian governments, allowing you to aid people in situations where accepting/giving aid can lead to punishment. I would make the argument, just for the sake of preserving the ability of privacy coins of having utility in the market, people should let this crypto movement keep chugging along. I say this because this allows privacy coins to exist without the needed for centralized exchanges because of the plethora of DEX solutions built with other non-privacy chains. **Decentralized Computing** With the advent of smart contract platforms and blockchain SDKS (cosmos, substrate, subnets), it allows entities to create computing platforms that don't have any central authority. This is important for DEX's obviously, but there are other important use cases. ie. Voting, DAOS, censorship resistant forms of communication. As the capabilities of these decentralized computing platforms grow, we can fuel more use cases to create DApps that actually help people, hopefully. **International Commerce** As an US Citizen that lived abroad for a year, there are HUGE pain points with international banking and commerce. The current services usually don't solve every edge case and/or riddled with high fees. Higher fees than BTC and ETH depending on the amount of your transaction, since fees in no coin implementations are based on your transaction amount. If you only analyze crypto projects through the lens of "currency" there could a lot of counter arguments against crypto through the perspective of the laymen. But all in all, crypto enthusiasts are still really early in the game, in my humble opinion, all of our current projects can still grow a huge amount technology wise.

Mentions:#DEX#BTC#ETH

* Relevant Cointest topics: [Monero](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_monero), [DEX](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_dex), [Regulation](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_regulation), [Basic Attention Token](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_basic_attention_token). * Related subreddits: r/Privacy, r/Brave_Browser, r/DEX, r/PrivacyTools, r/Tor, r/I2P, r/Onions, r/Tails, r/Monero, r/DashPay. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/uu19az/privacy_coins_in_2022_tech_use_cases_and/?sort=controversial). Doesn't work on mobile.

Mentions:#DEX

So here's a quick, not very elaborate, criticism of the most shilled stuff around, I'm by no means a buttcoiner, just deeply skeptical over the thousands of jaw dropping scams running around: *** ## PoS No pure proof of stake coin will ever be decentralized, and this means that each bank in the world will/can come up with the exact same security model for their crypto, and banks work by multiplying deposits to lend money (aka debt creation aka money printing), so public blockchains + limited supply pure PoS is a total illusion. We will likely have hundreds of private moneys held by banks which will boil down to a dozen major ones. And the proof is in the pudim, just take a look at who runs the nodes for EACH and EVERY PoS coin, it is always the "foundation" or whatever like that. Especially, don't let them gaslight you with diplomas, code and technobabble thinking that you are so dumb as to not understand this basic fact (well most of you are but a lot aren't). I'm not a PoW maximalist, not a BTC maxi at all, but it so happens that it is the only potentially decentralized consensus people came up with so far. ## DAG Another thing I might add here is that all the DAG hype is just that, hype. the fact that DAGs like Avalanche/Nano, etc never fail (well some devs manage to make them fail like IdOTA) means ONLY that they are being validated in a PoS centralized setup. Totally useless, why not just have a NEO-like DPoS consensus? Just pin-pong block validation among your whitelisted nodes. The simpler the better if you are to run a centralized consensus mechanism because you want speed. ## NFT All the hype with NFT is unbelievable to me. NFT is a big unabashed scam. Just think for two seconds and realize that if you can freely download the media, who gives a shit about who holds the first displayed hash of that? But the idea is not totally useless, exactly because blockchains are good for notary services, proof of existence. You WANT that the files you hashed be infinitely reproducible because you want to prove that you hold the first occurrence of that file in your utxo, so you want to prove that you invented that thing, say, for a patent application. Needless to say that here you are totally dependent on governmental institutions to actually acquiesce and utilize that system in order to *legally* to give you prior art. And, again, what is the use of selling that hash to another person? It is nothing but a digital beanie baby collectible. ## DEFi The only usage of DEFi is decentralized exchange. But the whole idea of tokens themselves is also problematic. A business has no use for a token they cannot control, because they can just use a fucking website and control the issuance, burn and transactions anyway. They WANT TO be centralized. Why wouldn't they? The whole underlying value of the token is THE BUSINESS, NOT the blockchain where the tokens are. So if tokens are problematic, a DEX is also not that big of a thing you think it is. But hold on a second, you will now call me out and say "bullshit, we have stable coins like tether and they are very useful because we can hold them, send them to multiple exchanges and exchange one for another, like RUB/Dollar/Yuan etc both in the exchanges AND in DEXes". And you are damn right, this is for sure a very clear usage of DEX and tokens, but what is the underlying peg of that? Some algorithm bullshit that runs on centralized side-chains like a pyramid retro-feeding scam that blows up once a korean dude exit scams the treasury? Or the fact that the market BELIEVES they hold value and exchanges LIST THEM and scalp them to keep that value? This here is a kind of chicken/egg problem and I won't pretend to know more than you know about this, the DEX in this example does give some underlying value to that peg, it makes it very attractive that you can hold a fiat-peg in a decentralized chain and that adds to your belief in its peg, but that is also because exchanges do use them (and used them prior to DEXes and whatnot) and people trade on them there. So I'm not completely sure here, but in sum, I think DEFi main case is for stable coins arbitrage, because the token themselves, the stable coins, are fiat, they depend on belief. DEXes will never replace exchanges because you whatever "wrapped" coins are obviously not the real coins. ## Wrapped Coins LMFAO seriously, this is such a scam it hurts. Wrapped coins are very dangerous and they are a way for exchanges to inflate the supply of coins to sell IOUs of coins they do not hold in full and profit out of it. That is, wrapped coins are tokenized IOUs. You will be in a serious world of pain if the exchange simply refuses to continue to accept the wrapped coin, OR if the wrapped coin token goes to shit in the DEXes. We should all ask exchanges to stop this blatant fractional reserve scam. ## Yield farming I get that some of you cool kids got rich with yield farming pyramids, but they are just that, pyramids. Once the influx of capital falls down the curve threshold you are absolutely fucked. So always trade those with a small portion of your capital and don't be too greedy because the rug pulls are absolute savagery.

DAO's,DEX's,DID's,Dapps, decentralized lending and borrowing protocols etc. This guy that seems so worried about the needs of the African people seems to not pay much attention that this might be revolutionary to them. Even Vitalik already assumed that

Mentions:#DAO#DEX

Yes this enough unless you are operating outside the law (laundering for a cartel, moving hacked funds, avoiding sanctions). In that case you'll need a lot more (your own node, LN submarine swap, conjoin, then DEX).

Mentions:#LN#DEX

#Shiba Inu Pro-Arguments Below is an argument written by cbelaski which won 3rd place in the Shiba Inu Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Shiba Inu (SHIB) is an ERC-20 token modeled after the king of meme coins Dogecoin. This token has evolved beyond meme status, focusing on decentralization with their own DEX ShibaSwap. > > ShibaSwap utilizes the 3 tokens in the ecosystem (SHIB, LEASH, and BONE) to facilitate transactions and provide rewards. ShibaSwap has gone all in on the theme, renaming staple terms to more dog centric names: stake is now bury and provide liquidity is now dig. This helps to immerse users into the ecosystem and provides a unique aspect to those involved. > > Shiba Inu also has an incubator dedicated to "cultivating an enviromnet which encourages creativity and growth." This incubator helps those in the community with their NFT aspirations and is a large part of their decentralization movement. > > SHIB also has a psychological advantage not many coins can replicate. This comes from the fact that their are 1 QUADRILLION coins in circulation. Having that many coins helps SHIB maintain it's low price and allows users to buy massive amounts of coins for a relatively small investment. While this doesn't really mean much in the grand scheme of things since market cap is what really matters, people are easily swayed by large numbers. > > Looking past the technicals, SHIB is a force to be reckoned with on the community front. Following Dogecoins footsteps, SHIB may have figured out the secret to quick growth and utilization: hype. It doesn't matter how good your product is if no one has heard of you. SHIB has gained a rabid following through the ShibArmy and taking just one look at their subreddit will show you that they have all drank the kool-aid. If they can keep this hype going, SHIB is a meme coin that will stick around for quite some time. > > Others will argue that these meme coins are a negative on the crypto space and only further the idea that this is all fake money, but it is actually the opposite. Hype leads to growing interest which leads to more users in the crypto world. Dogecoin paved the way for meme coins as an entry point for the average person, and Shiba Inu is just the next evolution of that idea. As more users flow into this space and add their fiat into the exchanges, the crypto world as a whole will continue to grow and head towards our ultimate goal of replacing the current financial system. ***** Would you like to learn more? [Click here](/r/CryptoCurrency/comments/ovmtu8/rcc_cointest_coin_inquiries_shiba_inu\/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Shiba_Inu) to find arguments on this topic in other rounds.

* Relevant Cointest topics: [Uniswap](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_uniswap), [Ethereum](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_ethereum). * Official and related subreddits: r/DeFi, r/DEX, r/UniSwap, r/Pancakeswap, r/SushiSwap, r/Bisq, r/JustSwap. * Sort comments as controversial first by [clicking here](/r/CryptoMarkets/comments/utoovs/first_mover_asia_kucoin_plans_to_bolster_defi/?sort=controversial). Doesn't work on mobile.

Mentions:#DEX

* Relevant Cointest topics: [Uniswap](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_uniswap), [Ethereum](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_ethereum). * Official and related subreddits: r/DeFi, r/DEX, r/UniSwap, r/Pancakeswap, r/SushiSwap, r/Bisq, r/JustSwap. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/utnhbi/first_mover_asia_kucoin_plans_to_bolster_defi/?sort=controversial). Doesn't work on mobile.

Mentions:#DEX

I just took 0.015 BTC and slow bought a "shit coin" on one site with low volume and swapped them on another DEX, then converted it to that shit coin's native L1 token, swapped back to BTC and made 50% (0.007 BTC). I feel like a mini-genius but suspect I got lucky. It went better than I anticipated. I need to review all the trades because it took half the day to complete it. Not feasible as a constant arbitrage but a promising strategy.

Mentions:#BTC#DEX

* Relevant Cointest topics: [Uniswap](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_uniswap), [Ethereum](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_ethereum). * Official and related subreddits: r/DeFi, r/DEX, r/UniSwap, r/Pancakeswap, r/SushiSwap, r/Bisq, r/JustSwap. * Sort comments as controversial first by [clicking here](/r/CryptoMarkets/comments/utn06u/bybit_defi_mining_product_is_so_much_riskier_than/?sort=controversial). Doesn't work on mobile.

Mentions:#DEX

LQDR - the convex of fantom chain. gives cashflow. SPIRIT - vecurve like tokenomics, one of the biggest DEX in fantom chain. BOO is the biggest DEX of the fantom chain. CATE - deflationary coin with 2 percent reflection fees. where is the shitcoin here?

The APY comes directly from the money being taken in, less the DEX's usually pretty tiny portion. That's unless it's an incentivized pool which is obviously a short term measure to bootstrap liquidity. As I've already explained to you, for example the Tinyman USDC/ALGO happily generates the 12% or more ***organically from swap fees***. It's a reasonable APY because it's what is generated by the demand for the service. You've never actually used DeFi, have you?

Making a stablecoins LP consisting of DAI, USDC, USDT (pick the two you want) on a DEX (and not some no-name brand new dex, like major reputable DEXs with billions of TVL) can get you this.

Im not interested in arguing about which one is 'real bitcoin'. Both bitcoin core and bitcoin cash are 'real bitcoin' going back to satoshis genesis block, with diverging use cases. im more interested in practicalities: bitcoin core for saving, bitcoin cash for spending, and 2nd layer solutions on both which enable smart contracts, and in theory DAO, DEX, etc. BCH has smartBCH and BTC has liquid and another thing i forget the name of. EVM compatible sidechains are already here on BCH and not far away on BTC. My only criticism of the OP would be that calling it bitcoin and bitcoin cash supports the toxic maxi argument that 'there can only be one' which is clearly not true.

Any clue what DEX I can trade weather futures on? Looking to play some of this upcoming volatility

Mentions:#DEX

I agree it’s amazing. I have even used a DEX built on Cosmos (Demex). It looked and worked seamless with my ledger nano even. The only thing that was missing was trading volume. It wasn’t really used even during the height of the bull run Quite a shame really.

Mentions:#DEX

#Cosmos Con-Arguments Below is an argument written by MrMoustacheMan which won 1st place in the Cosmos Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > #Cosmos Con Argument > > - *Disclaimer: ATOM currently makes up ~1-2% of my portfolio. Including Cosmos related projects like OSMO, JUNO, etc. or projects built on Tendermint like BNB, LUNA, CRO, then it's more like 5%.* > > - While I wrote about the benefits of a [hub and spoke model](https://v1.cosmos.network/images/intro/06-architecture.svg) in the [Cosmos Pro thread](https://np.reddit.com/r/CointestOfficial/comments/qk4yl2/coin_inquiries_round_cosmos_proarguments_november/), different development models/architecture have different tradeoffs (e.g., [Cathedral vs. Bazaar](https://en.wikipedia.org/wiki/The_Cathedral_and_the_Bazaar), [empire vs nation states](https://www.finder.com.au\/brave-new-worlds-cosmos-blockchain-and-social-evolution), [different blockchain types](https://en.wikipedia.org/wiki/Blockchain#Types), or even [DAGs](https://np.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_dag)). > > - **TLDR**: The overarching focus of Cosmos is on interoperability - but a priority on connecting everything together doesn't necessarily benefit the development or utility of ATOM itself. It's natural for developers to disagree on their vision for a decentralized, open source project and some may even regard that as a positive. But infighting is bad for optics and there are certain aspects of ATOM's tokenomics that may limit its value within the 'Internet of Blockchains'. > > ##Team entropy > > - In February 2020, fighting within the Cosmos team lead to a [shakeup of talent](https://decrypt.co/19769/zaki-manian-cosmos-number-two-resigns) and a [restructuring of the companies involved in developing the project](https://messari.io/article/amid-multiple-departures-cosmos-core-contributor-tendermint-inc-restructures-the-company). > > - Former Tendermint director [Zaki Manian accused founder Jae Kwon of neglecting Cosmos by instead working on a side project, Virgo](https://decrypt.co/18324/tendermint-director-accuses-cosmos-founder-of-evading-responsibility). > > - Some (including Jae), regarded the 'break up' as a [move towards decentralization](https://gist.github.com/jaekwon/7cb869769aecf9c86bfd1b9e61c488df). > > - Zaki (in a now deleted tweet) [disagreed with the decentralization claim and pointed to delays in development, turnover and under-resourcing of the Cosmos project](https://web.archive.org/web/20200207134418/https://twitter.com/zmanian/status/1224384772677390336). Others [reported a toxic environment for engineers](https://twitter.com/jessysaurusrex/status/1224417773620588545). > > - Amidst this backdrop of 'he said, she said' the fact is that core developers like to work on their own pet projects: > > - I'm not sure if Virgo is still a thing, but [Jae Kwon stepped down to work on a Gno project](https://twitter.com/jaekwon/status/1360867477572493313?s=28). Zaki went on to [work on Iqlusion and Sommelier](https://www.linkedin.com/in/zmanian/) while Sunny Aggarwal [started Osmosis and Sikka](https://www.linkedin.com/in/sunnya97/). > > > > ##Project entropy > > - The [community tends to dismiss devs fighting as FUD](https://np.reddit.com/r/cosmosnetwork/comments/r2zhz0/its_a_fud_hit_piece_and_makes_me_sick/). And one could argue that developers shifting to work on other projects is a 'value add' to the ecosystem rather than a detriment to work on Cosmos. > > - I'm not so sure - and I think a related example is actually the main products these teams worked on, [Cosmos SDK](https://v1.cosmos.network/sdk) and [Tendermint](https://academy.binance.com/en/articles/tendermint-explained). > > - In the Pro thread I highlighted how many popular projects such as BNB, CRO and LUNA have been built using these tools. > > - Many of those coins now [have a higher marketcap than ATOM - but, beyond displaying their total value](https://cosmos-cap.com/) under one umbrella there isn't a 'trickle down effect' whereby growth in CRO impacts the value of ATOM. > > - This is a function of the Cosmos design decision to [retain the sovereignty of each connecting chain](https://juliankoh.medium.com/5-differences-between-cosmos-polkadot-67f09535594b). Unlike Polkadot or ETH, a rising tide in the Cosmos ecosystem *doesn't necessarily* lift all boats: > > - Polkadot parachains use DOT's security. Ethereum tokens use ETH as gas. But projects in the Cosmos ecosystem are not 'locked in' to using ATOM. > > - [Transactions fees on the Cosmos Hub do not necessarily need to be paid in ATOM](https://cryptoseq.medium.com/cosmos-atom-token-and-the-commonly-misunderstood-staking-tokens-part-three-958c295c5b78). > > - In the absence of a [shared security model](https://blog.cosmos.network/interchain-security-is-coming-to-the-cosmos-hub-f144c45fb035), all the [connected zones and hubs today](https://mapofzones.com/?period=720&testnet=false&tableOrderBy=totalIbcTxs&tableOrderSort=desc) continue to use their own native tokens rather than enhancing the value of ATOM. So, to go back to developer projects, [Osmosis can post growing liquidity and transaction volume](https://info.osmosis.zone/) but the DEX usage doesn't directly benefit ATOM. > > - So while the Cosmos Hub has been crucial to promoting interoperability, in the future it might not remain the economic center of an 'Internet of Blockchains' but instead get supplanted by one of its 'children'. > > - Jae Kwon spoke to this point years ago, [indicating his support for competition between hubs rather than locking users into Cosmos](https://www.youtube.com/watch?v=6OAulsLeDI0&t=749s). > > - And the centrality of ATOM seems to be the subtext of recent [dev arguments over 'Cosmos' nomenclature](https://np.reddit.com/r/cosmosnetwork/comments/scye0t/sunnys_constant_attacks_on_the_cosmos_hub/), with [calls to rebrand](https://twitter.com/sunnya97/status/1486031900925784066). > > - Where Cosmos *does* lock in users is with staking: > > - [ATOM uses a high token inflation rate to ensure a high staking participation. Users who don't stake their ATOM get essentially penalized by inflation, as the value of their holdings is diluted over time](https://medium.com/swlh/what-are-the-flaws-of-the-cosmos-and-how-to-tackle-them-6c114f4f3bd7). > > - This is obviously not beneficial for holders of smaller stacks and/or users who want to retain liquidity without being locked in to the 21-day unbonding period. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4yls/coin_inquiries_round_cosmos_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Cosmos) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/umsqe8/monthly_optimists_discussion_may_2022/).

#Cosmos Pro-Arguments Below is an argument written by Shippior which won 2nd place in the Cosmos Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Strictly speaking, [Cosmos](https://v1.cosmos.network/intro) (ticker = ATOM) is a decentralized network of independent parallel Proof-of-Stake blockchains, each powered by BFT consensus algorithms like Tendermint consensus. It is seen as a network of blockchains that can scale and communicate with each other. Together with Polkadot it is seen as one of the first Generation 3 blockchains. > > The Cosmos hub is supposed to be the center of the Cosmos network and it allows the other blockchains that connect to it to use its security. Therefore other chains can focus on things they do best. This has spawned other chains focusing on privacy (Secret Network), NFTs (Stargaze) or memecoins (Chihuahua Chain). > > Cosmos operates through the [IBC] (https://www.youtube.com/watch?v=dYuTYykRhH4) (Inter-Blockchain Communication) Protocol. Blockchains that adopt this protocol are easy to link within the network and can then communicate with each other. This allows new blockchains to be easily integrated with the network and be adopted by new users. A good example of this is the rapid growing DEX [Osmosis](app.osmosis.zone). New tokens are integrated rapidly due to being integrated rapidly and the DEX allows people to start getting the tokens quickly after launch, in addition to the many [airdops](www.reddit.com/r/cosmosairdrops) that are currently happening. > > Cosmos has fully functioning on-chain governance. Every proposal has go through voting. In voting a validator votes for all its delegators. A delegator however always has the opportunity to overwrite the vote of their validator by voting on a proposal themselves. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4yl2/coin_inquiries_round_cosmos_proarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Cosmos) to find arguments on this topic in other rounds.

Mentions:#ATOM#BFT#DEX

Not really. The fees would be clinched there too as institutional adoption enters. Purchasing from DEX’s is more expensive.

Mentions:#DEX

Exchanges are under immense regulatory scrutiny for fraud and money laundering so I doubt they care but just want to cover their ass. That being said Gemmini is being completely orwellian here. Tell them to fuck off, politely, and if they don't want to provide you their service, oh well. Find some place that does value privacy or use a DEX like bisq or robosats. Privacy is a right.

Mentions:#DEX

sigh...another day, more FUD to beat back. So relentless...so easy to type up a bunch of spiel like that and so much time to create a well-sourced rebuttal. What's that saying about a lie making it all the way around before the truth can even tie its shoes? Alright, time to tie the shoelaces... ...but before I get into any of this I will just point out that your entire post is a red-herring because the post author asked about tokenomics, of which you did not talk about once in your entire comment. With that out of the way, shoe laces time... > Hasn't deliver for 6 years straight, pushes the academic research narrative (as if Ethereum and other chains don't do research), dodgy deals with third world countries, and they hired McCann, a huge marketing agency. What does a blockchain need marketing for? Horseshit. IOG designed and built, from scratch, [the EUTxO model](https://iohk.io/en/research/library/papers/the-extended-utxo-model/) which extends the functionality of Bitcoin. They built it so that the ledger has [native assets, without the need for smart contracts](https://iohk.io/en/research/library/papers/native-custom-tokens-in-the-extended-utxo-model/) which is much more secure, efficient, and scalable. They've delivered a shit ton and it's just ramping up. [Input Endorsers](https://www.youtube.com/watch?v=0u94zfRE6MY) will bring centralized chain levels of transaction throughput to a chain with the decentralization and security of Bitcoin and/or Ethereum > Outdated tech that calls itself third gen blockchain but uses UTXO, state channels, it has no priority fee gas model (people need to wait to get txs included at high demand), which is just.. Utterly baffling, nobody uses Haskell, formal verification is possible on solidity too, etc etc etc For reasons explained above this is also a bunch of BS. No priority fee gas model is an advantage in the long run but is a short-term shortcoming. The "fee model" is not the only solution to transaction prioritization [see the conversation here](https://github.com/input-output-hk/cardano-node/issues/3247), it's just the current dogma and the *fastest* way to get a solution working in the short-term. > Any unique selling point cardano claims to have is literally nonsense Even the fact that it's one of the only EUTxO based smart contract based platforms out there? Ergo and a few others exist as well. But I'd say transaction determinism is pretty unique. > On chain governance is a huge no no (you want retail noobs to decide the gas limit? You're out of your mind), dPoS means staking pools have immense HW requirements -> they all sit in a data center, not at home fundamental misunderstanding of how the governance model is designed. People will be able to [delegate their vote](https://iohk.io/en/blog/posts/2022/04/11/introducing-the-concept-of-delegate-representatives-dreps/) to domain experts if they wish. If they don't like the way the expert is voting, they can revoke their delegation whenever they want. Immense hardware requirements?!? Gimme a fucking break...go ahead and link me a node with [lower requirements than this](https://www.coincashew.com/coins/overview-ada/guide-how-to-build-a-haskell-stakepool-node/part-i-installation/prerequisites#minimum-stake-pool-hardware-requirements) with just as many block producing nodes in the network. It is the best bang for the buck. > UTxO model is a huge roadblock for dapps, you literally need off chain tx ordering to be able to build a DEX like Uniswap, this would be posted back to the chain via a centralized relayer, defeating the entire purpose of a DEX Some validity to this one. Despite people saying it's a "roadblock" there are plenty of dapps runing. As far as the off-chain batcher is concerned, in combination w/ Hydra heads, Maladex has [proposed a solution](https://docs.maladex.com/whitepaper.pdf) (see section on Architecture 4.1) which eliminates the need for an off-chain sequencer but is yet to be implemented, so we'll see. > Hydra is outdated tech and still won't release for another two years the way its going, there's only one or two papers on it, no spec, nothing. State channels can't support composable complex, ownerless smart contracts, they have liveness assumptions, and rely on stake pools. You can run a [Hydra node...on testnet...right now](https://hydra.family/head-protocol/docs/getting-started/) if you'd like. First pieces of Hydra are coming this year and will roll out in phases. It's not even the primary scaling solution at the moment. Input Endorsers are. That's a separate topic however.

Mentions:#FUD#IOG#DEX

Hasn't deliver for 6 years straight, pushes the academic research narrative (as if Ethereum and other chains don't do research), dodgy deals with third world countries, and they hired McCann, a huge marketing agency. What does a blockchain need marketing for? Outdated tech that calls itself third gen blockchain but uses UTXO, state channels, it has no priority fee gas model (people need to wait to get txs included at high demand), which is just.. Utterly baffling, nobody uses Haskell, formal verification is possible on solidity too, etc etc etc It's just a giant narrative of garbage mixed with misleading marketing, stake pools shill the shit out of ADA cause they make like 70% APY when people delegate to them, shady youtubers pump it It's this cycle's EOS/XRP Low coin price means noobs pile in on it, Charles is literally a vlogger promising the blue of the sky in his daily videos, other programming languages and even VMs are possible on rollups (eg Rust on Starkware, LLVM on zksync) Any unique selling point cardano claims to have is literally nonsense On chain governance is a huge no no (you want retail noobs to decide the gas limit? You're out of your mind), dPoS means staking pools have immense HW requirements -> they all sit in a data center, not at home EUTxO model is a huge roadblock for dapps, you literally need off chain tx ordering to be able to build a DEX like Uniswap, this would be posted back to the chain via a centralized relayer, defeating the entire purpose of a DEX Hydra is outdated tech and still won't release for another two years the way its going, there's only one or two papers on it, no spec, nothing. State channels can't support composable complex, ownerless smart contracts, they have liveness assumptions, and rely on stake pools.

Ohh the DSL supports many exchanges and it's so advantageous to any exchange using built on their layer because they enjoy faster and cheap transactions. Like I said before Tacen's Hybrid DEX is already building on the layer. The hDEX will combine both features of CEX and DEX in one exchange

Mentions:#DEX#CEX

USDC on Stellar is amazing. It's fast and cheap and has all the liquidity of the Stellar DEX.

Mentions:#USDC#DEX

* Relevant Cointest topics: [Uniswap](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_uniswap), [Ethereum](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_ethereum). * Official and related subreddits: r/DeFi, r/DEX, r/UniSwap, r/Pancakeswap, r/SushiSwap, r/Bisq, r/JustSwap. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/ut3ofo/umee_a_year_into_creating_a_successful_path_to/?sort=controversial). Doesn't work on mobile.

Mentions:#DEX

* Relevant Cointest topics: [Uniswap](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_uniswap), [Ethereum](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_ethereum). * Official and related subreddits: r/DeFi, r/DEX, r/UniSwap, r/Pancakeswap, r/SushiSwap, r/Bisq, r/JustSwap. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/ut129j/defiing_exploits_new_chainalysis_tool_tracks/?sort=controversial). Doesn't work on mobile.

Mentions:#DEX

What servers are you talking about? It is just nodes that run on regular pc. If its somewhere in the cloud like Amazon servers, sure. They could shut down the website, but again. You can make it decentralized too. And connect to DEX'es website through different nodes.

Mentions:#DEX

Good luck with DeFi and DEX being registered or you taking action against them

Mentions:#DEX

* Relevant Cointest topics: [Uniswap](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_uniswap), [Ethereum](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_ethereum). * Official and related subreddits: r/DeFi, r/DEX, r/UniSwap, r/Pancakeswap, r/SushiSwap, r/Bisq, r/JustSwap. * Sort comments as controversial first by [clicking here](/r/CryptoMarkets/comments/uszouj/what_is_defi_marketing_and_how_to_launch_a/?sort=controversial). Doesn't work on mobile.

Mentions:#DEX

#DEX Con-Arguments Below is an argument written by mic_droo which won 2nd place in the DEX Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Disclaimer: I wrote an entry on this in the last round and by accident deleted it (and can't find it in any cached versions either). I still have a similar opinion on DEXes, so this entry will probably be pretty similar. > > Crypto is a weird world, and many enter it because they think they can get rich quickly. They read about someone who got into some meme coin early before it exploded and became a millionaire - and they want to do the same. So they google around a bit, maybe get to a place like r/cryptomoonshots and see tokens that will gUaRaNtEeD gO 100x rocket emoji there. That token, of course, is only listed on Uniswap, or even more likely, Pancakeswap. So that newbie then goes there to buy that promising token - the thing is, DEXes are hell for inexperienced users. > > * **there is no vetting of the tokens**. Anyone can list anything on a DEX like Pancakeswap. And anyone can create a BEP20 token, enough websites exist that promise you to help you create a token in ["less than a minute"](https://vittominacori.github.io/bep20-generator/). This is similar on most other chains. This leads to [a LOT of scams, rug pulls and just shitcoins being listed on DEXes](https://coinmarketcap.com/alexandria/glossary/rug-pull). Sure, such coins exist on centralized exchanges as well, but you're less likely to run into a complete scam on Kraken than on Pancakeswap. > > * depending on the chain, **gas fees can be absurd**. again, this is especially bad for beginners: if they just want to dip their toes into crypto and buy $50 worth of some coin on Uniswap, if they're unlucky most of that will get eaten up by fees. While people love to complain about trading fees on centralized exchanges, the ~0.1% you pay there really don't compare to the gas fees on a DEX on many chains - and as they don't scale, this will hurt especially much for small amounts. > > * it is **extremely unintuitive**. Anyone can understand Coinbase - you transfer money, you buy a coin, you're done. Other exchanges get a bit more complicated, but most will understand stuff like limit buys somewhat quickly. But DEXes... what's Metamask? How do I get funds on there? What do you mean, I have to add another network? Wait, it's a browser add-on? That can't be safe! Honestly: it's absurd that nobody has made a better UI for that yet, both Metamask and DEXes look horribly unintuitive. > > * **you are your own bank**. Which can be cool if you know what you're doing, but that also means that nobody can help you if you do something wrong. Especially as a beginner, you are much more likely to lose all your funds on a DEX than through a hack or something on a CEX. > > For more experienced users, DEXes can be fine - but awful UI and limited functionality (no limit buys and sells etc) still often make it an unpleasant experience. While I might be in the minority, I usually prefer to stick to centralized exchanges. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/r6rt5n/general_concepts_round_dex_conarguments_december/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_DEX) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/umsqe8/monthly_optimists_discussion_may_2022/).

Mentions:#DEX#CEX

#DEX Pro-Arguments Below is an argument written by DaddySkates which won 3rd place in the DEX Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > DEX Pro Arguments > > To start of what is DEX? Decentralized exchanges or to put it short DEX are cryptocurrency exchanges that allow for direct p2p cryptocurrency transactions to take place online in a secure environment without any need for third party intermediary. > > But why are they good? > > - DEX allows us to have use and swap coins freely without any intermediary > > - DEX have no-one to take the fees so they are far cheaper than CEX > > - If you want to use a CEX you need KYC in most cases. With DEX you dont. > > - Not your keys not your coins? DEX allows you to keep your coins exactly where you want them. > > - Its a goldmine for more under the radar cryptocurrencies who are still in early developement > > - DEX offer high returns on staking and providing liquidity ***** Would you like to learn more? [Click here](/r/CryptoCurrency/comments/pfornf/rcc_cointest_general_concepts_dex_proarguments/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_DEX) to find arguments on this topic in other rounds.

Mentions:#DEX#CEX

DEX {{pros}} & {{cons}} and related info are in the collapsed comments below. Pros and cons will change for every new post.

Mentions:#DEX

* Relevant Cointest topics: [Uniswap](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_uniswap), [Ethereum](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_ethereum) * Related subreddits: r/DEX, r/DeFi, r/UniSwap, r/Pancakeswap, r/SushiSwap, r/Bisq, r/JustSwap. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/uszaz8/can_you_suggest_a_dex_token_to_invest/?sort=controversial). Doesn't work on mobile.

Mentions:#DEX

still under 2 mill MC, cult like TG group, devs that are based and planning a DEX soon....my god this is the greatest shit coin on Earth.

Mentions:#DEX

What CEX or DEX is going to turn down those trading fees when the demand to trade is high? They’ll delist if trade volume is low. So we got the power.

Mentions:#CEX#DEX

Counterpoint, while LRC is down 85% from ATH, that ATH was all based on GME apes throwing all their spare change at the coin. It's still up 20% from where it was pre-GME rumors (October 2021), while other coins like BTC and ETH are down 50% or more from those dates. The GME partnership is not where my interest lies. I'm happy it was announced, as I got in earlier and sold a good chunk of my bag in the high $2 range... But I'm more interested in it as a scaling solution with ZKrollups and ZKsnarks and their potential for running DEX's the future.

Using a DEX isn't the same as patiently holding haha I dont have anything against ADA tho

Mentions:#DEX#ADA

Let's take this step by step Let's say I'm s CEX/ DEX and I'm like a miniature of the entire crypto space. I have ETH and maybe 3- 5 other more fiat liquid assets ( can change into fiat) on my platform. The rest 99%+ are majority traded in USDT. So 1. ~11% fiat 2. ~9% other stable coins 3.~ 80% USDT ( e.g Binance is mainly USDT) I see that USDT is about to go tits up do decide to switch to USDC. I've only got 3 options: 1) Buy USDC outright with fiat and hopefully convince 80% of users to switch to it. Note there are also USDT leveraged positions. Which would automatically make this impossible but let's say you can. However this would essentially be a cash injection for free on my part. I would be spending billions of my money to convert USDT into USDC. Plus making all my USDT worthless. So if I had $1 billion of USDT I would lose that then $1 billion in fiat to buy the USDC that I essentially gave away 2) I sell all my USDT into USDC. If I'm a small player this could work. I won't effect the market much. But if I have billions as Binance, FTX and several liquidity pools well I'm fucked. The moment I start selling into the market the price of USDT will start falling from over supply. This could trigger a collapse and my USDT becomes worthless. Plus as stated in (1) leveraged positions and integrated DEFI would lead to a liquidation cascade 3) I can try go and "redeem" all my USDT at Tether for fiat to buy USDC at 1:1. This could actully work but unfortunately most likely USDT doesn't have the fiat liquidity and they can't pay me back. Thus I also trigger a crash. Or once again if I'm a small player it won't have an effect There is no way 80% of all the liquidity in crypto can safely be switched to USDC. Even if it was by one party. Now we are talking about hundreds of individual CEXs and DEFI projects each holding massive amounts of USDT or USDT collateralized contracts Maybe over 1 to 3 years but over a couple of months is just insane. USDT can pop anytime and a open switch by any major player such as in (2) would result in a mass sell off and a run for the door

Yeah but tons of people and most whales hold tether in their private wallets. If it starts to crash they may not want to wait to transfer to an exchange (while networks are probably overloaded) and might just use a DEX to swap it for something else.

Mentions:#DEX

For DeFi obviously. You can't put USD on chain, so it's useless for DEX's. I use stables all the time in yield farms and trades. Most of my fiat is converted to stables to sit on chain, gives me more interest than my bank can do and it isn't used to find fossil fuels

Mentions:#DEX

“The best DEX” lol ok

Mentions:#DEX

Do it then. Why is nobody using smart contracts on bitcoin? Where are the developers? Where are the dapps? It's been years...... Not a single dapp? Is there ANYTHING at all being built on Bitcoin? I'd love to know.. Where is the Bitcoin LN DEX? I thought lightning network was fast? People still haven't figured out how to build a Dex yet? Or have I just never heard of it?

Mentions:#LN#DEX

Kraken is not a DEX though, Dex stands for decantralized exchage, which Kraken is not. It is a CEX

Mentions:#DEX#CEX

#Cardano Con-Arguments Below is an argument written by Maleficent_Plankton which won 1st place in the Cardano Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > It has been a really tough couple of months for Cardano ever since Alonzo release revealed that it's very difficult to build a DEX for eUXTO transactions. The warnings I stated in my previous contest post have come true. I've still been following the Cardano subreddit, but it has become depressing watching everyone feed on the leftover fumes of hopium. > > **Cardano Cons:** > > - **Still no DEX**: [Concurrency failures for Minswap Dex](https://www.cryptoglobe.com/latest/2021/09/cardano-founder-deals-with-concurrency-fud-a-second-japanese-exchange-lists-ada/) during Alonzo smart contract test revealed that it's much harder to develop a DEX on Cardano smart contracts. There is currently no clean solution, and developers will need to work around this limitation of eUXTOs. Back in September, SundaeSwap published [a detailed explaination of the concurrency issues](https://sundaeswap-finance.medium.com/concurrency-state-cardano-c160f8c07575) plaguing Cardano. Proposed solutions involved centralization of the smart contract and using multiple UXTOs on a higher layer that would later settle on Layer 1. While the article was initially villified as FUD, it soon became apparent that they were right. In fact, 3 months later, there still is no working DEX. Among the dozens of competitors building a DEX, SundaeSwap is the closest to developing one. They released [an incomplete and slightly-buggy DEX](https://cryptobriefing.com/sundaeswap-promises-first-functional-dex-on-cardano/) on the testnet, but they are still far from a working release. > - **Programming adoption**: For Cardano's Plutus smart contract, Haskell is not a well-liked programming language and feels arcane in comparison the Javascript-like language of Ethereum's Solidity. It's going to be difficult to onboard smart contract developers, especially since Ethereum is already so far ahead on adoption. And many other smart contract DLTs have also joined the bandwagon and support Solidity. Cardano is alone on Haskell, making it expensive to develop for it. > - **Transaction speed**: ADA's current transaction speed is about 7 TPS due to lack of need, which can [scale to 257 TPS](https://coinmarketcap.com/alexandria/article/a-deep-dive-into-cardano) without additional updates. Top scaling is 1000 TPS without Hydra Layer 2 scaling. This is still nowhere near the limits needed for global adoption on Layer 1. Many of its competitors like Solana, Polygon, Algorand, and Terra, have surpassed its TPS. > * **Overall Delays**: Cardano's development has been extremely slow and delayed so much that ... > * **Its competitors have caught up**: Cardano has fallen from #3 in market cap to #6 after Solana passed it. There are so many (monolithic Layer 1) Ethereum competitors that can already do smart contracts with DEXs more efficiently with higher scalability than Cardano: Polygon, Terra, Algorand, Elrond. The academic researcher crowd that Cardano was targeting has moved onto supporting Algorand. Even if Cardano releases a working DEX, they're technologically-behind their competitors. > * **Fees**: Cardano Transactions [fees](https://messari.io/asset/cardano/chart/txn-fee-avg) are currently about $0.30 - 0.40 USD as of Dec 2021. These are cheaper than BTC transaction fees of ~5 USD and much cheaper than basic Ethereum transaction fees of 5-30+ USD. They're way more expensive than those of other many other altcoins. Nano, ALGO, XLM, XRP, DASH, BCH, and MATIC fees are all below $0.01 on average, which makes them appropriate for microtransactions. > - **Scaling** via Hydra and sharding is far away on their timeline (Basho update maybe Q2 2022 if there are no further delays). Hydra also uses multi-party state channels, which are not as simple or convenient to use as Layer 1. We still have scant information of the protocol on a detailed level. > - **Storage inefficiency**: Cardano: [12.26M transactions in 10.76 GB](https://blockchair.com/cardano) = 880 bytes / transaction. Ethereum: [1.27B transactions in 279 GB](https://blockchair.com/ethereum) = 218 bytes / transaction. Ethereum is 4x more storage-efficient even before Cardano releases smart contracts. If Cardano were to scale to 1000 TPS, it would increase its blocksize by at least 30 TB per year. > - **Diminishing Staking Rewards in the long run**: Cardano is currently inflationary to about [5-6% annually](https://solberginvest.com/blog/is-cardano-deflationary/). The inflation by itself isn't bad, but it's coming from a diminishing rewards pool that will gradually disappear by 2030. In just 4 years from now, the staking reward will drop to 2-3% unless transaction fees rise drastically to replace the rewards pool. If it drops that low, people will stop staking Cardano, leading to less security and decentralization. > > Disclosure: I own a tiny bit of ADA. ***** Would you like to learn more? [Click here](/r/CryptoCurrency/comments/pz477r/rcc_cointest_top_10_cardano_conarguments_october/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Cardano_(blockchain_platform\)) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/umsqe8/monthly_optimists_discussion_may_2022/).

People are moving off of CEX to DEX to own their own coins, nothing about squeezing LRC or whatever story you're trying to spin.

Mentions:#CEX#DEX#LRC

* Relevant Cointest topics: [Uniswap](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_uniswap), [Ethereum](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_ethereum). * Official and related subreddits: r/DeFi, r/DEX, r/UniSwap, r/Pancakeswap, r/SushiSwap, r/Bisq, r/JustSwap. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/us3fv2/is_defi_worth_using_with_small_balance/?sort=controversial). Doesn't work on mobile.

Mentions:#DEX

Explore all the Defi protocols you can. Can be quite fun. If you'd like keep a spreadsheet open to track your gains /losses. Some ideas where to explore : - Solana: decent ecosystem, and I'm actually making profit here. I like using the ORCA DEX (but there's more) - Algorand: growing ecosystem, new shiny DEX's to try out. I like Tinyman, but there's also yieldly and more. - Fantom: lots of options (spooky swap, tomb finance , etc), - Binance smart chain: pancake swap is a great option, This is just a start, there are many other options too

Mentions:#ORCA#DEX

Most of CEX, and all of DEX, don’t have on/off ramp and don’t handle fiat, because the regulatory bar is much lower for handling only crypto-to-crypto trades (no KYC/AML etc.). However, due to the massive inter-crypto correlation, trading one crypto against another loses effectiveness as both coins tend to move in the same direction. Ergo, having a stablecoin that is denominated in crypto, but pegged to the dollar, is useful for at least one reason other than avoiding tax events.

Mentions:#CEX#DEX

#Algorand Con-Arguments Below is an argument written by idevcg which won 1st place in the Algorand Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > - Algorand's Smart Contracts uses the AVM rather than the EVM, which is by far more common (the only chain that uses the AVM is Algorand), and therefore there is a lot more support for developers on EVM compatible chains. Furthermore, applications built on top of EVM compatible chains can easily be forked into other EVM compatible chains, while everything has to be built from scratch on Algorand. > > - One huge limitation Algorand currently has (although it is planned that this limitation will be removed in the near future, it has not happened yet) is that each individual wallet address can only create 1000 unique NFTs and 10 smart contracts. This makes it extremely inconvenient for large NFT collections and especially Play To Earn Gaming. > > - Algorand's native programming language, TEAL, is a relatively low-level language, which means it is hard to program in and understand for many programmers who are used to high-level programming languages. There were also huge limitations with TEAL3 like not being able to back branch, which significantly limited what developers can do. > > - Currently, Algorand's DeFi TVL is [not even top 40](https://defillama.com/chains) of L1 and L2 chains. There is only a single working DEX on Algorand, which went down for 2 weeks early January do to an exploit. > > - Some ASAs (the Algorand equivalent to ERC20 tokens) have Freeze and Clawback, which essentially allows the token creator to freeze people's funds or even take them away at their discretion. This adds a huge layer of risk of bad actors being able to steal funds by taking control of the original ASA address, and is completely antithetical to the whole decentralization aspect of blockchains. Why use a blockchain if you want a centralized actor to control everything like with the banks we have today? > > - Algorand lags behind most other L1 chains in terms of Marketing. It is virtually unknown outside of Reddit. > > - Algorand promised 46,000 TPS by the end of 2021, as well as hinted at announcements of CBDCs also in 2021, neither of which happened. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4y8q/coin_inquiries_round_algorand_conarguments/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Algorand) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/umsqe8/monthly_optimists_discussion_may_2022/).

Mentions:#DEX

* Relevant Cointest topics: [Uniswap](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_uniswap), [Ethereum](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_ethereum). * Official and related subreddits: r/DeFi, r/DEX, r/UniSwap, r/Pancakeswap, r/SushiSwap, r/Bisq, r/JustSwap. * Sort comments as controversial first by [clicking here](/r/CryptoMarkets/comments/us266l/robinhood_launching_defi_wallet_to_rival_metamask/?sort=controversial). Doesn't work on mobile.

Mentions:#DEX

Personally, I prefer using DEXes cause I would still have full control of my assets currently making use of Pancakeswap but i think with slippage robbing me of some of my funds i would move over to Derived Finance when their Zero Slippage DEX which is set to launch soon.

Mentions:#DEX

I'm new as well (only about 3 months in crypto). I'm definitely not an expert, so you will find better advice than from me. But here's what I've learnt so far: - start by signing up to a centralised exchange (CEX) like binance, Coinbase or Kraken. It's easier to start at a CEX than a DEX (decentralized exchange) because the UI will be a bit more familiar, they have educational resources and customer support. Try out trading on a DEX once you have more experience - Research the two biggest coins Bitcoin and Ethereum. These will probably be your safest investments for now. Once you understand both of these ecosystems, if you want to branch out further I'd recommend researching whatever coins are in the top 10 before looking elsewhere. However we've seen over the last two weeks that even if a coin is in the top 10, it doesn't mean it's a safe investment! (Referring to Luna/UST collapse) - look into different types of investment strategies than decide for yourself what your strategy will be, then stick to it. Lots of people like Dollar Cost Averaging (DCA) as a simple way of long term investing but there are many other ways - learn about staking coins. Most coins have some form of staking rewards. This can be an effective way to earn passive returns but is not without risks - learn how to read charts. Learn about supply, liquidity and market cap - Stablecoins are very important in crypto, but they have their issues depending what they are collateralized by. Research the difference between fiat, crypto & algorithmic stablecoins - cautionary crypto tales to look at include the collapse of Bitconnect, ICP, Luna/UST, Titan, and many more. Understanding how these coins collapsed will teach you warning signs to look out for. - A bull market is when everything is going up in value, bear market is when everything is down. We are currently in a bear market. Nobody knows exactly when (or if!) it'll change back to a bull market - stay away from leverage trading! - on youtube 99 bitcoins have some decent beginner explanation videos of Blockchain & crypto in general. Some of their explainer videos are a couple of years old but are still relevant and are explained in plain English without telling you what to invest in. But be careful of all Crypto YouTubers in general. They can be useful in getting to know a product, but take any advice from them with a grain of salt - don't ever discuss crypto with family or friends unless they talk to you about it with genuine interest - the biggest eye opener for me was what happened in the wake of the Luna/UST collapse. I wasn't invested in it but watching it all happen live from the outside was a sobering and humbling experience. So many people thought it was a safe bet because it was in the top 10. Billions of dollars lost. People invested their life savings into it. So many people posting about suicide on the terra/Luna subreddit that they had international suicide hotlines pinned. Use this as a learning experience. Only invest what you can afford, and diversify so you're not invested in only one asset.

i've no idea what a 'defi exchange' is, but a DEX (decentralized exchange) absolutely commits a trade for each of yours, the coins are in your own wallet. that's the point vs. a centralized exchange like binance (who do what you describe).

Mentions:#DEX

LRC shillers in this sub don't understand the dynamics of layer 2s or DEXs - the only DEX that really matters on ethereum is uniswap and this is because of liquidity - without sufficient liquidity price impact is too high. LRC is also not some unique solution for layer 2 DEXes - uniswap is already live on arbitrum and optimism (both layer 2s with way more TVL than LRC).

Mentions:#LRC#DEX
Reddit user placeholder image