Quote from: livingfree on September 09, 2020, 06:14:13 PM

Quote from: BTCXRPADA on September 09, 2020, 12:37:13 PM

Quote from: livingfree on September 08, 2020, 10:27:10 PM

Is it possible to know the daily trading volume on stakenet exchange? not the token.

I looked for it if the exchange is listed on Coinmarketcap but I can't see it except the token. The design looks interesting on that 2nd post and I can remember a bit exodus by that design.

The devs is soon making a website that lists the total volume of the DEX.

This DEX was launched at the beginning of the month, as is still in soft launch BETA.
You can get an idea of the volume here: https://orderbook.stakenet.io/XSN_BTC

Beginning of the month? I thought that this Stakenet has been existing long.

Btw, are those volumes that are popping are real-time updates? I thought that I'm looking to an update of volume that almost have nothing. The volume's still not that impressive.

Stakenet launched in march 2018, have spent 2 YEARS on developing this. Invented Cold staking, helped the LTC team implementing the Lightning Network on mainnet, and much much more.

Their main dApp was ready at the start of this month, which is where the pic above is from. For a DEX that has JUST been released the total trading volume is pretty damn impressive. Probably because you can access centralized exchanges through the DEX, via Liquidity providers, meaning you don't need to undergo KYC, login anywhere etc.

Quote from: rhomelmabini on September 09, 2020, 06:29:15 PM

If it utilizes the Lightning Network that's really a good thing but how far can we trust it, are they new? Was the imahe you sent a desktop wallet or it's just a site?

So far the thing I used as an alternative right now from Uniswap was Justswap and it really just simple as Uniswap but it's insanely cheaper to trade and swap assets.

This DEX has been tested by 300+ people, NO ONE has lost their coins, it's very safe to use. Everything is custom coded, and can't be compared to the Lightning Network model we've seen straight on top of BTC.
This is a complete decentralized setup.

Quote from: chip1994 on Today at 11:00:39 AM

High fees are due to the growing volume of transactions and the trend of Defi seems to depend entirely on Uniswap. Actually this is one of the most prestigious exchanges and it is a good place for quality defi projects to survive.
I've also heard of Stakenet being a very good DEX but it doesn't diversify a lot of coins. That is why it is not good enough to gain the support of many traders. I think you should create a bounty campaign instead of just advertising with theoretical images like that. Wink

This DEX is 2 weeks old, and will support ETH and all it's 5000 tokens soon.
Uniswap is TRASH, failed transcations, EXPENSIVE gas fees... No thanks...

Instant virtually feeless trading, while being in control of my own private keys at all times? I'll take that any day.

Quote from: ryzaadit on Today at 05:48:45 PM

First of all, it's not free at all you need to open a channel by rent a paid fee on their DEX.

Also, the problem of "Lightning Network" always has maximum money you can send and receive so doesn't really helpful like regular trading when you can trade with a big-money. Now with a limited the amount by Lightning Network did you think they like "Uniswap"? of course not right. However, everyone who wants to use "Lightning Network" needs to understand how they work like "Open A Chanel" for your transaction, since almost different at all with DEX like Uniswap, Etherdetla, or IDEX.

Soon you'll be able to use the DEX without even knowing you're on the Lightning Network Wink