I believe you're talking about swaps, swaps isn't DEX.
please elaborate, i'm curious
Swap is a function, a feature. A DEx is a service, a platform. A swap isn't a function or feature that is exclusively provided by decentralized services or exchanges. You can do swaps even on centralized exchanges. You can also do swaps on services falsely claiming or marketed to be decentralized.
I guess this is the more important point to consider. Just because it is a swap platform doesn't automatically mean it is already a decentralized exchange. And just because it promotes itself as a decentralized exchange doesn't necessarily mean it is truly decentralized. A mere label doesn't mean anything.
i'm even more confused. what is it in the op that makes you say he's not talking about dexes? please explain to me the relation between governance, token incentives and the act of swapping tokens?
and BISQ is the only DEX you know of? wtf?
i don't know, pancakeswap, uniswap, sushiswap and all exchanges found on chain are dexes. that's the idea of a dex my friend.
this place is a joke, you guys use words you don't understand and the worst part is you say things with such confidence that others trust you. ffs how did you get to be legendary with such stupid takes?
p.s: your defihition of swap and dex are correct though. the swap is the feature and the dex is the p2p place where you do the swap... but again what does that have to do with the op?