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)
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106 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
31 reactions
kompreni 🚂 pfp
kompreni 🚂
@kompreni
Woah! Any deets?
1 reply
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4 reactions
Haole pfp
Haole
@haole
replaced by dex like hyperliquid?
1 reply
0 recast
1 reaction
Uneeb Agha pfp
Uneeb Agha
@0xasdf
Order book? I can't think of anything else
1 reply
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1 reaction
Garrett pfp
Garrett
@garrett
👀 AMMs are great for emergent assets or low liquidity assets or when decentralization is essential Room for better alternatives too :)
0 reply
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4 reactions
tomu pfp
tomu
@tomu
👀
0 reply
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1 reaction
zoo :? pfp
zoo :?
@zoo
😯
0 reply
0 recast
1 reaction
DV pfp
DV
@degenveteran.eth
👀
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1 reaction
Luciano pfp
Luciano
@luciano
yeah, it’s a safe bet right now but imo that won’t be true for much longer👀
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1 reaction
Eetherway pfp
Eetherway
@web3zy
Ekubo is the way. Stupid simple, highly gas efficient, and allows for onchain DCAing. I've been buying a number of tokens for months easily, with low fees, and without a centralized intermediary.
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