Twetch ·
@462 you will find this interesting too
Twetch ·
Used a discount rate of 10% & got $1,325 price instead of $6.
This is cool, but no idea what uniswap is & what is a 25% protocol fee? Would need better understanding of what that means.
DeFi always fails the main test: does the root thing have value? NO
Twetch ·
I'll write an automated market making post at some point (Uniswap) which will make it clearer 🙏
Twetch ·
Ironically just talked to a suburban dad who described BSC, Uniswap, Binance, Avalanche, new Mark Cuban project & other cryptostuff.
Understood everything he was saying; yet, none of it made a lick of business sense. Came away thinking world is fucked.
Twetch ·
Does automated market making make sense? To me it seems like a very low overhead way of allowing trade between assets. Low overhead always good...
Twetch ·
This would be a longer discussion with many nuances. Base camp for the discussion would be reading "Flash Boys" by Michael Lewis. I actually didn't read it, bc I lived it.
I'd like to learn about BSC vs Uniswap (curiosity) so if U wanna zoom sometime...
Twetch ·
Sounds good have dm'd you too