Quote from: nelson4lov on April 14, 2020, 09:53:08 PM

Quote from: Wh00re on April 14, 2020, 07:11:30 PM

Quote from: nelson4lov on April 08, 2020, 05:57:18 PM

Quote from: GucciBoy on April 08, 2020, 12:35:02 PM

Seen a lot of people argue that DEX's are bad for 2 obvious reasons:

1) Speed of trading
2) Liquidity/volume

Stakenet solves both of these problems with their Lightning Network compatible DEX, which is an integrated part of their multi currency wallet. Off-chain trading is instant, which solves the speed issue.
Next issue is liquidity, which is solves by integrating a "DEX Aggregator", which basically combines other DEX orderbooks into Stakenet's, adding TONS of liquidity, with USDT adding Lightning soon, you'll be able to scalp BTC profits instantly while on the "go", since this will be available as a phone app as well.

It still leaves much to be desired in my opinion. The issue of speed seems to be taken care of but whatever about liquidity? Not so sure. This is why centralized exchanges have always been ahead of decentralized exchanges. Orderbooks in DeXs are usually thin. I hope stakeNet solves this soon. Kudos to the StakeNet team. They seem to be the only ones concerned about the future of decentralized exchanges.

Liquidity is solved with Stakenet's "DEX Aggregator" which combines multiple DEX order books from other DEX's together in ONE. This means they'll be accessiable through their API, meaning TONS of liquidity will be available here, benefitting all DEX's around us today, since you could trade with someone from the BISQ DEX without even knowing it, makes sense?

These guys thought of everything... Literally.

Yes, Its true that Stakenet would add the Dex aggregator feature sometime in the future (according to the stakenet roadmap). While I'm aware of this, I didn't consider it in my reply as it's still an upcoming feature in the roadmap and we can't say if it'll solve the problem of liquidity and volume that the status quo DEXs are currently experiencing. Uniswap and Kyber partnered together in 2019 to pool liquidity. Until then, I'd be keeping an eye on stakeNet's roadmap for DEXs aggregator release.

As far as I know, it shouldn't really take that long to develop. They need their priorities straight when working on this project, so I'm sure once they've released the DEX, the Aggregator will be implemented shortly after.
Right now they are working on integrating ETH, and it's tokens to the platform, along with trading bots etc.