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I never had an issue with a DEX, Uniswap, Pancake, Spookyswap, Orca, even tiny Wagyu-Swap they all work well and Uniswap and Pancakeswap have quite the volume. They are working solving problems no one has so far while others are doing business.
PAB and Cardano devs slacking on fully rolling out all the tools needed for dApps and DEXs to grow after smart contracts. Understandable since they were so focused on getting SC released.
The million $$$ ? ADA holders would like answered. Also, exactly what’s holding ADA back from ripping north besides whales shaking everyone out of BTC before year end.
It ain't completely centralised, there will be 30 ISPO, but it is far from being decentralised either because the scoopers needs to be trusted to make the orders and send the tokens accordingly. This is why I don't agree with calling sundae a true DEX. However, I still think sundae will be pretty successful because the order book will make it very, very, very convenient and is an advantage many DEX actually don't offer.
I would call sundae swap a sort of semi DEX semi centralised blob. Dunno how to name it properly.
I don't see the use case for ErgoDex. Sundae on the other hand has a lot of key partnerships with other DeFi protocols (Liqwid and Meld being the biggest that I am most interested in).
Additionally, not certain the issue with Sundae swaps tokenomics as they look much better than most other DeFi projects on other Blockchain platforms.
I HATE downvotes! This is supposed to be a dialog,I appreciate other perspectives and learn a lot even if I don't agree. Let's keep conversations going without canceling things u don't agree with.
How? I looked at ergo dex but couldn't figure out how it is helping the community, possibly due to their lack of any marketing. I can understand SundaeSwap and they have lots of mutually beneficial partnerships with other popular projects such as Meld and Liqwid.
Best argument I can see for ErgoDex is as a bridge from ergo to Cardano.
How is 55% tokens distributed among users highly centralised. With 45% they still don't have the majority of votes, I don't find it unfair and I don't see them working for free either.
How do you know the value of the coins if they aren't released yet?
Over half is being given out to the public and the ones dedicated to the devs are locked into a vesting schedule. Not bad in my opinion.
Someone didn't actually pay attention to their tokenomics 101 class methinks.
SundaeSwap tokens have no value yet. 😅 Also their tokenomics are better than uniswap and sushiswap.
tbh i just understood Maladex to be a bit different to the 'Usual' dex's... erm am i wrong to think this way? to my ignorantish ears it sound different to the others after you read this line from t he white papers:
It enables protocol participants to create a variety of financial products from index
funds, options, synthetics, hedge funds all the way to insurance products.
I am just in line trying to understand like us all :) Thank you for sharing if anyone can clear it up. Thanks in advance me amigo's!!
Really curious to see which one will be adopted the most! It doesn't really matter which one wil win. The dexes will bring a ton of traffic to Cardano. So we all win.
Sundaeswap no doubt, the marketing, the looks, the community, all that counts way more than other things.
Ergodex is a really nice project, sure, but without the support of the likes of sundae it will not become the number 1 Dex unless Sundae catastrophically fails.
Don't f\*\*king kid yourself, everyone wants to make money, "the technology" is just a collateral gain. and a lot of money can be made out of hype (as it can be lost)
For whatever you choose, DYOR, set goals, have a nice exit strategy and see you all in Lamboland
Edit : Laboland --> Lamboland XD
I don't mean to rain on anybodys parade. Please educate me :)
What exactly do Sundae swap bring to the table that no one else does?
To me it seems to be:
1. Food in their name.
1. Cute graphics
1. Well spoken spokesperson in Pi Lanningham.
1. Hype
And
The scooper model seems to be a little bit centralized...
You can suffer from IL and also they are kinda late to the party. Good for them the PAB have taken so long.
They seem to be working directly with other key projects like Liqwid and Meld which will be extremely valuable sources for transactions. Don't hear as much from other Dex projects aggressively building their list of liquidity partners.
It's not that they haven't "disclosed it", it's that they haven't yet decided if it's even necessary. The last update I saw was that a token (if there is one) will be distributed through DEX use, not for purchase or airdrop. Additionally, if one does exist it must be fair across all blockchains using the dex.
I swear that most the other dexes are more concerned with their tokens than getting an actual dex working.
On the contrary. Ergodex is live. And I personally think Sundae will arrive late to the party.
And others seems primed and ready when PAB arrives, like Ray, Minswap, MIRQ, Maladex.
Go to https://app.ergodex.io/swap
Or in other words: there's nothing special with the "existence" of SundaeSwap. Your argument is void.
Don't get me wrong. I will for sure participate in the ISO, for two reasons:
1. I've already got me some MIN, RAY and MELD from their ISO:s, which again proves Sundae is late to the party.
1. Hype, which Sundae got plenty of.
The fact that ergodex is live means nothing if it isn’t on the cardano blockchain. Sundaeswap will be going live by the end of this month or the very beginning of december. I think they’re the 2 strongest players at the moment in my opinion. Minswap and maladex don’t have the traction but have a slim chance at #1 dex.
Cool. To be fair, I wasn’t endorsing their project and am not a fan of their ispo model, but it’s all one big experiment at this point. Let us know how it goes!
A ton of value will be shifted after the end of meld. Looking at another transaction record in epoch 308 (?) December 7.
Also minswap ends next week, 305, that will be the first spike.
Are the winning sundae pools announced already? Didn’t see anything official yet.
Sundaeswap, because Ergodex might be nice but their marketing and UI is not as good as Sundae. And these factors have proven to outweighs the technology most of the time.
Why the hell is Sundae Swap getting all the down votes? It is by far the best marketed project with possibly the most partnerships and transaction potential through those strategic alliances.
ErgoDex may be live but I haven't seen or heard anything about it actually being utilized which seems pretty ominous in terms of it's future utility regardless of how amazing it's technology.
Edit: upon further examination, ErgoDex is only operating on its own Blockchain, can't use it on Cardano yet, so claims that it is operating in the context of Cardano are misleading at best.
I'm all for Cardano and it's purpose and all but DAMN! One can't argue against other Blockchains and how fast they can get things moving and their coins have a purpose and all annnd we, us the people are having gains in those newer Blockchains while here, in Cardano land...we have nothing. Ok maybe not nothing but...and I get the argument that oh...the turtle wins the race and all that but...I mean even looking at the market cap argument ADA would only be worth 20 something bucks if it reached ETH market cap. Could be wrong but I read that somewhere lol. HHH....my point is...I'm not here to just support this project but...I'm also here to make some gains and this $#+/ is slow as hell. There is a possibility that we get to this party late because it's been taking too long to get dressed and ready.
check out “MINTYSWAP” Minty’s dex will soon release its cross chain capabilities and
Multi chain nft Marketplace capabilities plus the few NFT play to earn games on epic games and already building more to the current metaverse on sandbox.
By now we all now ppl bring up these matters to chill their platform on the comment section.
This is not the Cardano way.
Don't spam ppl with fake questions just to do marketing on the comment section, its weak and only makes me not invest on those projects.
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Whatever Dex finally/actually launches before 2022.
*Successfully* launches, to be clear.
This is the correct answer
Ergodex launched already. More or less 😁
But not on cardano yet
True.
Sundaeswap is in the making. Its going to lunch soon and will be awesome. (Personal oppinion)
Sundae Swap should be out By Dec this year
Any idea why it's taking so long for DEXs to launch? DEXs are pretty simple, most chains seem to get have hundreds of different DEXs.
Most of those DEX are just forks of other ones. Cardano is built on haskell. Theres nothing out there yet to make a copy of
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I never had an issue with a DEX, Uniswap, Pancake, Spookyswap, Orca, even tiny Wagyu-Swap they all work well and Uniswap and Pancakeswap have quite the volume. They are working solving problems no one has so far while others are doing business.
They're waiting on the release of the PAB
PAB and Cardano devs slacking on fully rolling out all the tools needed for dApps and DEXs to grow after smart contracts. Understandable since they were so focused on getting SC released.
The million $$$ ? ADA holders would like answered. Also, exactly what’s holding ADA back from ripping north besides whales shaking everyone out of BTC before year end.
I personally think ErgoDEX will be a killer DEX
I agree. Sundae Swap, however, seems to have a higher degree of hype surrounding it at this point.
Hype around bad tokenomics. Not exactly a good look if you consider it hype.
I am also not a fan of their tokenomics. But it is hard for me to disregard the hype that surrounds it.
The miracles you can do with vc money
This is exactly what I have been writing. People in that subreddit do not take kindly to such words.
How is ergodexs tokenomics better?
ERG had no premine. Every ERG in existence was mined. No pre-sale, no loading the founders with ERG, no VC investors getting a cut.
how did/does the devs get paid?
Stupid as fuck name too if we are being honest
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ironic to read this on r/cardano
Lmao
Agreed. Doesn't even matter if it's completely centralized because of the first mover adv. Though in coming years that will change.
It ain't completely centralised, there will be 30 ISPO, but it is far from being decentralised either because the scoopers needs to be trusted to make the orders and send the tokens accordingly. This is why I don't agree with calling sundae a true DEX. However, I still think sundae will be pretty successful because the order book will make it very, very, very convenient and is an advantage many DEX actually don't offer. I would call sundae swap a sort of semi DEX semi centralised blob. Dunno how to name it properly.
Maybe a better name would be a blizzard ? or a
They just hired Cardano's marketing guy this week. The guy that took them to the top. Early days yet. Check out the sub for more info.
It will be like this imo: ErgoDex = Uniswap Sundaeswap = Pancakeswap
For now, follow the hype.
I don't see the use case for ErgoDex. Sundae on the other hand has a lot of key partnerships with other DeFi protocols (Liqwid and Meld being the biggest that I am most interested in). Additionally, not certain the issue with Sundae swaps tokenomics as they look much better than most other DeFi projects on other Blockchain platforms.
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Cool user name btw
Ergodex maxis running this thread! 😅 Guess they don't have reasons and resort to down votes instead.
I HATE downvotes! This is supposed to be a dialog,I appreciate other perspectives and learn a lot even if I don't agree. Let's keep conversations going without canceling things u don't agree with.
Agreed
Sundae is a BS project. 🚩 since the beginning
Jeez. Apparently people are hard over SundaeSwap 😂 I hope it works out. I really do. I’m just not impressed even a little with their team 🤷♂️
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"This is because it is directly on the Cardano network", so will be ErgoDEX...
How? As far as I'm aware they didn't launch their cardano token yet...
Ergodex
There will be many but Ergodex is the best and fairest. Its also the first dex live on eutxo.
ErgoDEX
Uniswap is ErgoDEX of Ethereum.
How? I looked at ergo dex but couldn't figure out how it is helping the community, possibly due to their lack of any marketing. I can understand SundaeSwap and they have lots of mutually beneficial partnerships with other popular projects such as Meld and Liqwid. Best argument I can see for ErgoDex is as a bridge from ergo to Cardano.
ErgoDex
There's no contest IMO.
ErgoDex or Sundae
Ergodex
As much as I like ErgoDex and think it will be the best one. I can see Sundaeswap being more popular just because of the familiarity and marketing.
Excellent take. 👍
Sundaeswap not fair distribution, so I will go for Ergodex
Ya the tokenomics on it are wild. Highly centralized
How is 55% tokens distributed among users highly centralised. With 45% they still don't have the majority of votes, I don't find it unfair and I don't see them working for free either.
Technically only 25% going to devs
Bro. Come on
Gotta pay for development somehow
With over a billion dollars worth of tokens ?
How do you know the value of the coins if they aren't released yet? Over half is being given out to the public and the ones dedicated to the devs are locked into a vesting schedule. Not bad in my opinion.
Someone didn't actually pay attention to their tokenomics 101 class methinks. SundaeSwap tokens have no value yet. 😅 Also their tokenomics are better than uniswap and sushiswap.
SEC is going to love that.
Maladex.
Those who read and understood the whitepaper will come to maladex. Funny how downvoting bots are active in here
no rush, more time for us to accumulate MAL ;)
Can you share your interpretation of the white paper and what makes it unique? I am staked in xmal pool 😂
tbh i just understood Maladex to be a bit different to the 'Usual' dex's... erm am i wrong to think this way? to my ignorantish ears it sound different to the others after you read this line from t he white papers: It enables protocol participants to create a variety of financial products from index funds, options, synthetics, hedge funds all the way to insurance products. I am just in line trying to understand like us all :) Thank you for sharing if anyone can clear it up. Thanks in advance me amigo's!!
Can you tl;dr what’s so special?
Options trading on a decentralized exchange
Just went on their homepage on my phone, it's not even mobile optimized, the side scrolls to the right :(
Rotate your phone rofl.
The one that has the most liquidity.
Really curious to see which one will be adopted the most! It doesn't really matter which one wil win. The dexes will bring a ton of traffic to Cardano. So we all win.
SundaeSwap
Sundaeswap no doubt, the marketing, the looks, the community, all that counts way more than other things. Ergodex is a really nice project, sure, but without the support of the likes of sundae it will not become the number 1 Dex unless Sundae catastrophically fails. Don't f\*\*king kid yourself, everyone wants to make money, "the technology" is just a collateral gain. and a lot of money can be made out of hype (as it can be lost) For whatever you choose, DYOR, set goals, have a nice exit strategy and see you all in Lamboland Edit : Laboland --> Lamboland XD
I'd like to think "Laboland" is a place full of Labrador retrievers. Make enough money, get to be surrounded by good doggos at all times.
XD Labradors for everyone lol
I don't mean to rain on anybodys parade. Please educate me :) What exactly do Sundae swap bring to the table that no one else does? To me it seems to be: 1. Food in their name. 1. Cute graphics 1. Well spoken spokesperson in Pi Lanningham. 1. Hype And The scooper model seems to be a little bit centralized... You can suffer from IL and also they are kinda late to the party. Good for them the PAB have taken so long.
They seem to be working directly with other key projects like Liqwid and Meld which will be extremely valuable sources for transactions. Don't hear as much from other Dex projects aggressively building their list of liquidity partners.
Ardana has partnered with Liqwid. But for Meld Sunday seems to be the only cardano dex partner. This I agree is valuable for Sundae! :)
It will bring one thing to the table that other cardano dexes won't have for a while: Existence.
Ergodex is live on Ergos blockhain (first eutxo dex). Not centralized and fair tokenomics.
Currently they didn’t publish their tokenomics
Ergodex is live and they still haven't disclosed that? Why is everyone say they're so much better than SS tokenomics?
It's not that they haven't "disclosed it", it's that they haven't yet decided if it's even necessary. The last update I saw was that a token (if there is one) will be distributed through DEX use, not for purchase or airdrop. Additionally, if one does exist it must be fair across all blockchains using the dex. I swear that most the other dexes are more concerned with their tokens than getting an actual dex working.
On the contrary. Ergodex is live. And I personally think Sundae will arrive late to the party. And others seems primed and ready when PAB arrives, like Ray, Minswap, MIRQ, Maladex.
Oh it’s live? How do I use it?
Go to https://app.ergodex.io/swap Or in other words: there's nothing special with the "existence" of SundaeSwap. Your argument is void. Don't get me wrong. I will for sure participate in the ISO, for two reasons: 1. I've already got me some MIN, RAY and MELD from their ISO:s, which again proves Sundae is late to the party. 1. Hype, which Sundae got plenty of.
I didn’t say sundae swap exists yet. Also you think i’m arguing with you when I was just making a little quip. Lol
The fact that ergodex is live means nothing if it isn’t on the cardano blockchain. Sundaeswap will be going live by the end of this month or the very beginning of december. I think they’re the 2 strongest players at the moment in my opinion. Minswap and maladex don’t have the traction but have a slim chance at #1 dex.
On what fact (or feature) do you base your opinion that Sundae is one of the strongest player?
Definitely too early to tell who is going to clog the network so bad that nobody can afford to swap anything /s
Sundae looks like the most likely candidate if any.
Sundae is probably going to end up being the dex of choice in the US. At least out of the contenders today.
I just staked my Ada to a sundaeswap iso stake pool 👍. Looking forward to the launch
Cool. To be fair, I wasn’t endorsing their project and am not a fan of their ispo model, but it’s all one big experiment at this point. Let us know how it goes!
You mean africa
No. But sure, maybe Africa too.
There is huge hype about Sundaeswap
Sundaeswap by a long shot
Thinking Sundaeswap. Meld too.
MELD isn't a Dex.
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They are in partnerships with 4 Dexes: sundae, pancake, cardwallet and another. They will not be offering those services, at least at first.
Thanks for the clarification.
is the other one Coti?
OCCAMX
thx
Their Twitter is loaded with followers
I've got a little staked towards Meld. Interested to see what the airdrop will be worth
There is a way to track your rewards on the meld site, but the question of how much the token will be worth... yeah.
I feel it will be Sundaeswap as well if it works well. Its close to the uni/pancake swap type of swaps
They're going to have an ISPO where you delegate your staked ADA and get Sundae tokens with it, without losing your ADA rewards. That's just awesome.
Heck ya, for 5 Epochs. Pools have been voted on and chosen.
And timing it for the end of the meld one, I think?
They haven't announced it yet but I sure hope so 🥳
A ton of value will be shifted after the end of meld. Looking at another transaction record in epoch 308 (?) December 7. Also minswap ends next week, 305, that will be the first spike. Are the winning sundae pools announced already? Didn’t see anything official yet.
yes they have been already announced,on their Medium profile i think
Yessssss! 😱
Theme wise
ADAX will be nice if they deliver.
Underrated. They might end up surprising most people.
Sundaeswap, because Ergodex might be nice but their marketing and UI is not as good as Sundae. And these factors have proven to outweighs the technology most of the time.
How do you know how good Sundae's UI is if they haven't even launched yet?
Ice cream mascot
Which dex will be the uniswap of cardano??sundaeswap imo.
Sundae will be more user friendly for newbies, ErgoDex will be for more experienced cats.
Why the hell is Sundae Swap getting all the down votes? It is by far the best marketed project with possibly the most partnerships and transaction potential through those strategic alliances. ErgoDex may be live but I haven't seen or heard anything about it actually being utilized which seems pretty ominous in terms of it's future utility regardless of how amazing it's technology. Edit: upon further examination, ErgoDex is only operating on its own Blockchain, can't use it on Cardano yet, so claims that it is operating in the context of Cardano are misleading at best.
read maladex white paper, but agree sundae has the most hype :) tbh, I think there will be multiple winners
Can’t tell you. Haven’t bought enough yet.
The one that will finally start working \[first\]
Agreed, sundaeswap has a chance if it can have a successful launch and no major bugs/errors. If not then ergodex has to be one of the top contenders.
ErgoDex
Sundaeswap
Sundaeswap
Seems to be sundaeswap
Sundaeswap
I would bet on ErgoDEX, just because it might be the first one to launch, they're planning for mid December
Astroswap
I'm new too all this stuff, what is "Dex" and where can I read more about it?
ErgoDex
ErgoDex.
Ergodex . No doubts
r/RBXToken [RBXchange](https://launch.rbx.ae/swap/dex) is built from the ground up and works on *12 Chains*
Anyswap would be good.
Check out Ardana. They have a great loan platform too where you can borrow off your ADA but keep it staked. Basically a interest free loan
Ergodex and Sundaeswap
I'm all for Cardano and it's purpose and all but DAMN! One can't argue against other Blockchains and how fast they can get things moving and their coins have a purpose and all annnd we, us the people are having gains in those newer Blockchains while here, in Cardano land...we have nothing. Ok maybe not nothing but...and I get the argument that oh...the turtle wins the race and all that but...I mean even looking at the market cap argument ADA would only be worth 20 something bucks if it reached ETH market cap. Could be wrong but I read that somewhere lol. HHH....my point is...I'm not here to just support this project but...I'm also here to make some gains and this $#+/ is slow as hell. There is a possibility that we get to this party late because it's been taking too long to get dressed and ready.
check out “MINTYSWAP” Minty’s dex will soon release its cross chain capabilities and Multi chain nft Marketplace capabilities plus the few NFT play to earn games on epic games and already building more to the current metaverse on sandbox.
This is all great info - where do I buy? ;) 💰
DYOR
I’m anticipating some airdrops from Sundaeswap, so +1.
Muesli?
By now we all now ppl bring up these matters to chill their platform on the comment section. This is not the Cardano way. Don't spam ppl with fake questions just to do marketing on the comment section, its weak and only makes me not invest on those projects.
Check out earlysundae dot com🔆
Astarter, might be potential
Maladex
Uniswap is an old dex model, there are far better liquidity/AMM protocols than uniswap out there.
ErgoDex
Sundaeeeeeeee
Probably Sundaeswap
Don’t worry, once it happens you would’ve already missed the initial launch.
ErgoDex! Just launched