Post
Topic
Board Announcements (Altcoins)
Re: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B
by
seven.71
on 02/08/2020, 17:59:43 UTC
AtomicDEX "takers" pay 0.15% trading fee, 50% goes to 1M DEX asset holders, "makers" (i.e. liquidity providers) pay nothing.

Bob Lazar owns 15.5% of DEX assets (i.e. 7.7% of atomicdex fees) he is offering to give them away as LP incentives for 3 years.

That means "makers" get paid to add liquidity on Atomicdex, who knows, maybe 7.7% of the 0.15% fee the "taker" pays!

It's bullish for Atomicdex liquidity, incentives happens at the margins, the Defi craze has spoken, LP's want to be paid!
7.7% of the cost is too small in my opinion with the risk of decreasing inflation from the value is very large, it is profitable when the market is bullish but if it is the opposite it is very risky