I have always wondered why some DEXs like GMX gained traction while the hundreds of other swaps that launched after uni, sushi, and quickswap failed.

I have always wondered why some DEXs like GMX gained traction while the hundreds of other swaps that launched after uni, sushi, and quickswap failed. What do you retards think?

  1. 3 weeks ago
    Anonymous

    >arbitrum releases
    >becomes shitcoin casino 2.0 electric boogalo edition
    >pajeets shill their airdrops non stop
    it aint that hard. it also boosted their volume substantially IIRC

    • 3 weeks ago
      Anonymous

      unironically this. gmx becoming popular was a biproduct of arbitrum going crazy on airdrops. now that that's over nobody really uses gmx anymore. it was the pajeet flow effect.

      • 3 weeks ago
        Anonymous

        TVL of 270mil. Nuff said.

        Libertarian spotted, all posts will be automatically discarded.

        • 3 weeks ago
          Anonymous

          i find it pretty funny how argiefags are saying that this gut is somehow going to save their shithole country from inflation. they said the exact same thing about Macri in 2015 IIRC and yet their meme currency is still on fucking freefall

          Have fun paying 3k rent this month homosexuals don't forget to wake up early to your 9-5/6/7 (those hours won't have additional compensation btw) and of course how could I forget make sure you don't even scratch your body on your way to work lest you want to pay 90k for an ambulance and a checkup with your local doctor

    • 3 weeks ago
      Anonymous

      unironically this. gmx becoming popular was a biproduct of arbitrum going crazy on airdrops. now that that's over nobody really uses gmx anymore. it was the pajeet flow effect.

      SIRS
      DO NOT REDEEM THE ARB AIRDROP SIRS PLS MUH VILLAGE

  2. 3 weeks ago
    Anonymous

    homosexuals just love gambling with leverage. It's literally that simple, the only problem would be liquidity issues but that's about it as far as I know

  3. 3 weeks ago
    Anonymous

    Sushi never failed. The new AMM made it stronger if anything. Pancakeswap died because they were giving too much if you staked $CAKE, remember third worlders were practically living off of it for a year or two, just staking and doing nothing else.

    • 3 weeks ago
      Anonymous

      >Sushi never failed
      It still doesn't come anywhere near close to Uni in terms of trading volume. You're delusional if you say otherwise, Lol.

      • 3 weeks ago
        Anonymous

        Why are you comparing apples to oranges in the first place you fucking moron. Did Ethereum fail because it doesn't come anywhere near close to Bitcoin in terms of trading volume too? Retard.

        • 3 weeks ago
          Anonymous

          >Why are you comparing apples to oranges
          They're both DEXs so it's a fair comparison. Just making sure you naggers understand who's truly in charge here. Your lesser DEXs with trash liquidity get next to zero attention and rightfully so. Keep seething.

      • 3 weeks ago
        Anonymous

        Depends on which chain, doesn't it?
        Sushi has the majority on Arbitrum Nova for example

    • 3 weeks ago
      Anonymous

      TVL of 270mil. Nuff said.

      • 3 weeks ago
        Anonymous

        i find it pretty funny how argiefags are saying that this gut is somehow going to save their shithole country from inflation. they said the exact same thing about Macri in 2015 IIRC and yet their meme currency is still on fucking freefall

  4. 3 weeks ago
    Anonymous

    where'd you get this picture of me?

    • 3 weeks ago
      Anonymous

      we are all a collective hivemind of absolute fucking doomer retards. that says about all there is to know about it

  5. 3 weeks ago
    Anonymous

    For the same reason things like GMX and HEX got big; good rewards for staking. This is why I practically only (liquid) stake KAVA using Kinetix nowadays, 26% APY for $KAVA and 200% APR for $KLP.

    Most others don't even stand a chance. There's good ETH pools on Curve, too.

    • 3 weeks ago
      Anonymous

      Both proved to not be sustainable. That kava thingy you are pooling doesn't sound too sustainable, either ;^)

      • 3 weeks ago
        Anonymous

        >200% APR for $KLP
        how the fuck is this even supposed to be sustainable? I'm sure it's bound to drop all the way down to zero once people actually start depositing liquidity, correct? Otherwise their token is gonna drop in price massively once people start cashing out their rewards

        Both are still standing and Kava has been around for a few years now. Stay mad.

        • 3 weeks ago
          Anonymous

          >Both are still standing and Kava has been around for a few years now
          Kava is a literal ghostchain with nothing going on besides a shitty DEX and PEX at the moment. Don't get cocky homosexual because your so called chain is still pretty fucking barebones compared to its peers

          • 3 weeks ago
            Anonymous

            'cept you are wrong friendo.
            >KavaSDK built on the CosmosSDK, blazing fast and ready to get BREEDED with DEFI cock. Will replace Terra long run with high quality, low fee projects pumping money into the entire ecosystem.
            >Kinetix is built by the Quickswap people, quality assured. No contest.
            >Smart contracts infinitely better than Bugvalanche or Methereum's. Still bridges with (METH)ereum to bring in stupid normies.

    • 3 weeks ago
      Anonymous

      >200% APR for $KLP
      how the fuck is this even supposed to be sustainable? I'm sure it's bound to drop all the way down to zero once people actually start depositing liquidity, correct? Otherwise their token is gonna drop in price massively once people start cashing out their rewards

    • 3 weeks ago
      Anonymous

      [...]
      Both are still standing and Kava has been around for a few years now. Stay mad.

      i don't want to read another word on kava until their promised developers come to #buidl defi on cosmos and whatever you fucking hack. i am STILL waiting.

  6. 3 weeks ago
    Anonymous

    they failed because you pay more on transaction feeds than what you are actually making by locking away money somewhere that can get hacked. you are better off doing some daytrading.

  7. 3 weeks ago
    Anonymous

    >this thread
    /poltrannies need to find a fucking hobby.

  8. 3 weeks ago
    Anonymous

    retarded text because it's started by a bot

  9. 3 weeks ago
    Anonymous

    industry connections, VCs, crypto influencers on twitter

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