horsefacts pfp
horsefacts
@horsefacts.eth
as I understand it, all the main kinds of Coins (clankers, flaunches, zoins) monetize in the modal case by distributing fees from Uniswap. even if 99% go to zero in the long run, the creator earns something from fees, and in very rare cases earns a lot. but this means Coins have an implicit dependency on Uniswap market dominance! this seems like a very safe bet. (I don't even know what Uniswap market share is on Base, but I'm sure it's high). but it's interesting to consider how the dynamics might change if Uniswap had 10% or 90% market share instead, and Coin trading was not as highly concentrated. (not trying to FUD Coins or Uniswap, but I think this is an interesting interdependency)
18 replies
13 recasts
105 reactions
horsefacts pfp
horsefacts
@horsefacts.eth
I bet @lobstermindset.eth has thought about this and/or could tell me I'm a dumdum
0 reply
0 recast
9 reactions
chun pfp
chun
@zkchun.eth
i just find it interesting that you spell coin with a capital c
1 reply
0 recast
5 reactions
Garrett pfp
Garrett
@garrett
Aerodrome actually has basically the same market share on Base as Uniswap but it’s mostly in more stable assets (eth/stablecoins/defi coins/etc) where uniswap has a lot of the more emergent assets market share Mainly bc their frontend is great and @aerodrome’s front end and mobile experience need a major facelift both innovating and great projects what are you implying by the dependency on uniswap?
2 replies
0 recast
3 reactions
Jonny Mack pfp
Jonny Mack
@nonlinear.eth
its not a safe bet. AMMs are retarded. as market matures more will realize this. brb building a better alternative
9 replies
0 recast
30 reactions
kompreni 🚂 pfp
kompreni 🚂
@kompreni
For a while Aerodrome was leading volumes on Base over Uniswap. Im not sure how much that still is the case. But many of the launchpads build on Uni because they have better dev tooling
1 reply
0 recast
3 reactions
Michael pfp
Michael
@michael
Uni v4 basically lets people spin up new custom logic AMMs without having to bootstrap liquidity — Uniswap is liquidity as a service They aren't some cartoon villain, they just built a really good product so other people are using it.
0 reply
0 recast
1 reaction
Mathieu pfp
Mathieu
@mathieuw
I’m not quite understanding the dependency and importance of uniswap’s dominance. I get that many of these tokens are deployed to uni v3, but an aggregator would likely pick it up even if deployed to a different pool.
0 reply
0 recast
1 reaction
Swishh ↑ pfp
Swishh ↑
@swishh.eth
Tis why I continue to load up on $UNI
0 reply
0 recast
1 reaction
agrimony↑🎩 pfp
agrimony↑🎩
@agrimony.eth
i mean u could bake in taxes into the token again and we'd be back to the old fee model
0 reply
0 recast
1 reaction
Vladyslav Dalechyn pfp
Vladyslav Dalechyn
@dalechyn.eth
aero is pretty gud
0 reply
0 recast
1 reaction
Jayme Hoffman pfp
Jayme Hoffman
@jayme
well said the lifecycle of a coin is < 1% creation and 99% swapping
0 reply
0 recast
0 reaction
Koolkheart pfp
Koolkheart
@koolkheart.eth
Makes me wonder what happens if someone makes a better meme friendly DEX. Would Coins migrate?
0 reply
0 recast
0 reaction
↑Dom pfp
↑Dom
@onchaindom.eth
Hmm, are there any token launchers that use aero?
0 reply
0 recast
0 reaction
tricil pfp
tricil
@tricil.eth
They’re gonna STACK so much $Zora tomorrow
0 reply
0 recast
0 reaction
Sungsang pfp
Sungsang
@sungsang
yo
0 reply
0 recast
0 reaction
Ghost 🎩 pfp
Ghost 🎩
@ghostbo4.eth
To profit from a system is to become its servant in disguise; every token minted in its image is a prayer that the temple does not fall -Ghost
0 reply
0 recast
0 reaction
DV pfp
DV
@degenveteran.eth
A lot of money is made in those LP's
0 reply
0 recast
0 reaction
timothy-goddard pfp
timothy-goddard
@timothy-goddard
Ha ha...
0 reply
0 recast
0 reaction
edgar-buckingham pfp
edgar-buckingham
@edgar-buckingham
ok
0 reply
0 recast
0 reaction