The competition is getting fierce especially after the massive success of the uniswap platform, I now see so many new projects that are simply trying to copy uniswap and some projects that are built on the lines of uniswap with some additional features.
The million dollar question is that how all these new platforms will attract liquidity and why would investors and traders leave uniswap for a new risky platform?
I do not think it will be easy to compete and only platforms with high liquidity and farming rewards will be able to survive.
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Let me clear this out, the platform is aiming to be a liquidity provider here or even ask for liquidity pools on the platform apart from our margin lending pools. Rather we are trying to execute our trades on already existing AMM like uniswap, balancer and all the swap clones out there to fetch the best price possible in the most efficient matching done on our OVM network. Hope this clears the liquidity draining part out. We are and will always support uniswap and other Dex sticking to true decentralisation.