Post
Topic
Board Altcoin Discussion
Re: Liquidity Strategies for DEXes
by
Yankeeruinx
on 14/06/2019, 13:54:41 UTC
Quote
Yankeeruinx

Sounds like XSN is not only ripping off Blocknet, but are also trying to reinvent the wheel for whatever reason and are subsequently wasting time doing so.

There are already plenty of projects doing these things, Blocknet to name one.


Liquidity Strategies for DXs are quite simple:  start providing liquidity.  It's unbelievably simple to make and use market making bots for DXs too, for example: https://github.com/blocknetdx/dxmakerbot

However at the end of the day, unless people finally commit to using DXs and start actively trading on them, we'll continue to have these chicken and egg liquidity discussions.

Blocknet have a very different approach in execution. Last I checked you had to download all the blockchains for any assets you wanted to trade on their Multicurrency wallet, this is not the case with Stakenet as their MN network hold all the various blockchains so you don't need to. This keeps the wallet clients very lightweight and fast, also means it can be ported to any device like mobile for example.

Also don't Blocknet use Atomic Swaps? If so then XSN's Lightning Swaps are superior as they are offchain over Lightning Network it means they are instant, can be done for little to no fee and theoretically infinitely scalable.