[ANN] BashoSwap - Multi Protocol Decentralised Exchange on Cardano. - page 2.

SDKmaster

newbie

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Quote from: SAWACrypto on March 24, 2022, 10:19:31 AM

Quote from: METASENS on March 23, 2022, 04:47:33 PM

The most important thing for all users of DeFi is to be sure that their funds are kept in safe place.
A lot of money are blocked in DeFi and hackers carefully monitor all liquidity pools.

All exchanges are not safe. CEX exchanges can be blocked by goverment or hacked.
DEX exchanges can not be blocked by gorverment but they can be hacked.

Now many people prefer to use DEX because they offer financial services for all people in the world for whom bank services are unavailable.
Also DEX allow to earn money for everybody for liquidity providing.

SAWACrypto

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Quote from: METASENS on March 23, 2022, 04:47:33 PM

The most important thing for all users of DeFi is to be sure that their funds are kept in safe place.
A lot of money are blocked in DeFi and hackers carefully monitor all liquidity pools.

All exchanges are not safe. CEX exchanges can be blocked by goverment or hacked.
DEX exchanges can not be blocked by gorverment but they can be hacked.

METASENS

copper member

Activity: 87

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Quote from: ?? on ??

For DEX security is very important. Users must be sure that their fund are kept in a safe place.
Also for DEX it is necessary to gave a good liquidity and offer the best conditions for liquidity providers.

The most important thing for all users of DeFi is to be sure that their funds are kept in safe place.
A lot of money are blocked in DeFi and hackers carefully monitor all liquidity pools.

Lunafox

jr. member

Activity: 108

Merit: 1

Quote from: ?? on ??

Without liquidity it is impossible to survive.
There are a lot of DeFi projects and there is a big competition among them.
In such a competition win only the best projects with biggest liquidity and big choice of different tools.

Due to the stricter regulation of cryptocurrencies and various introduced restrictions, many users are afraid to store their money on centralized exchanges, preferring safer decentralized platforms.

Very often accounts of users on centralize exchanges are blocked for different reasons but it is imposible to block the account on DeFi exchange.
That is why DEX so popular now and in demand.

daxetoken

copper member

Activity: 49

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Quote from: Lunafox on March 11, 2022, 11:48:25 AM

For DEX it is very important to have a good liquidity. That is why it is necessary to offer the providers of liquidity the best conditions to have a big liquidity pools.

Now providers of liquidity have a very big choice of different DeFi products where they can to provide their liquidity.
That is why it is important to offer the people the best conditions and the maximum profit.

Lunafox

jr. member

Activity: 108

Merit: 1

Quote from: cryptosru on March 10, 2022, 05:27:46 PM

Quote from: ?? on ??

Usually CEX use fiat. But it is not safety to hold money on CEX. CEX can be hacked and CEX can block the account of users.
Now many CEXs blocks the accounts of traders from Russia.

People need to be sure that no one will be able to block their assets or steal money from their account, which is why many people prefer DEX.
But DEX also must be safety and have a good liquidity.

For DEX it is very important to have a good liquidity. That is why it is necessary to offer the providers of liquidity the best conditions to have a big liquidity pools.

cryptosru

copper member

Activity: 120

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Quote from: i8v8i on March 10, 2022, 03:29:50 PM

Quote from: ?? on ??

Usually CEX use fiat. But it is not safety to hold money on CEX. CEX can be hacked and CEX can block the account of users.
Now many CEXs blocks the accounts of traders from Russia.

Many people are afraid of sanctions. Nobody wants that his account will be blocked.
That is why people prefer to use DeFi.
Also many people do not have access to bank services.

People need to be sure that no one will be able to block their assets or steal money from their account, which is why many people prefer DEX.
But DEX also must be safety and have a good liquidity.

i8v8i

jr. member

Activity: 92

Merit: 1

Quote from: ?? on ??

Usually CEX use fiat. But it is not safety to hold money on CEX. CEX can be hacked and CEX can block the account of users.
Now many CEXs blocks the accounts of traders from Russia.

Many people are afraid of sanctions. Nobody wants that his account will be blocked.
That is why people prefer to use DeFi.
Also many people do not have access to bank services.

Predict_Vision

copper member

Activity: 57

Merit: 0

Quote from: ?? on ??

When we have many similar useful projects there is a big competition between them.
Investors have a big choice of different projects and they prefer to use the best of them, that are more profitable and comfortable for them

Now cryptocurrency market is very unstable and not all the projects will be able to survive during this fall of the market.
But also it is a good time to buy tokens at the best price.
If the project will be able to survive during this time investors will be able to earn a good profit.

Many centralize exchanges blocks the accounts of their users due to the sunctions.
So the demand for DeFi exchanges and DeFi products will only increase.

Bertyda

jr. member

Activity: 200

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Quote from: ?? on ??

When we have many similar useful projects there is a big competition between them.
Investors have a big choice of different projects and they prefer to use the best of them, that are more profitable and comfortable for them

Thank competition projects will develop more quickly and will offer users even more opportunities.
If project will not develop it will not be able to survive because people will use the project that develops more quickly.

ololajulo

sr. member

Activity: 2226

Merit: 270

Chainjoes.com

Quote from: alan228 on March 05, 2022, 08:46:29 AM

Quote from: Yacht_X_Coin on March 05, 2022, 08:11:49 AM

Now the competitiion among DeFi projects is so high that the main questistion is how useful will be this project for people.
The most important is to create demand in the project and its products.

The most important for all cryptocurrency projects is to be very useful for the community.
When project is useful it has a big community of users.

what happens when we have many similar useful projects? XFI is one of the pioneering Defi project and it is struggling now. The high number of project with similar idea is killing altcoins, Although some are adding more used cases as form of development, I strongly believe their is still room for growth in cryptocurrency that will encourage larger adoption especially in finance.

alan228

jr. member

Activity: 250

Merit: 1

Quote from: Yacht_X_Coin on March 05, 2022, 08:11:49 AM

Now the competitiion among DeFi projects is so high that the main questistion is how useful will be this project for people.
The most important is to create demand in the project and its products.

The most important for all cryptocurrency projects is to be very useful for the community.
When project is useful it has a big community of users.

Yacht_X_Coin

copper member

Activity: 56

Merit: 0

Quote from: jc12345 on February 20, 2022, 05:36:56 PM

Your project looks like most DeFi projects just on Cardano. Competition is fine. I notice in point 6 of your whitepaper "$Bash can also be used to convert cryptocurrency into fiat". This point in particular will catch attention. How are you going to comply with the regulation to be able to do this? If you provide that functionality you will need to have your ducks in a row and DEX doing KYC will be a difficult one to get right. Yet on your site you say "List tokens without permission, trade without KYC". I doubt you will get the cash-out to fiat right without KYC.

Now the competitiion among DeFi projects is so high that the main questistion is how useful will be this project for people.
The most important is to create demand in the project and its products.

jc12345

legendary

Activity: 1638

Merit: 1013

Your project looks like most DeFi projects just on Cardano. Competition is fine. I notice in point 6 of your whitepaper "$Bash can also be used to convert cryptocurrency into fiat". This point in particular will catch attention. How are you going to comply with the regulation to be able to do this? If you provide that functionality you will need to have your ducks in a row and DEX doing KYC will be a difficult one to get right. Yet on your site you say "List tokens without permission, trade without KYC". I doubt you will get the cash-out to fiat right without KYC.

alan228

jr. member

Activity: 250

Merit: 1

Quote from: Iminingpro on February 20, 2022, 08:10:56 AM

I just read their medium.
The last article is about tokenomis https://bashoswap.medium.com/bashoswap-tokenomics-33389fae6962

There is 500 million BashoSwap tokens and 65 mln BashoSwap tokens are available for presale according BashoSwap tokenomics.

Iminingpro

copper member

Activity: 145

Merit: 1

Quote from: ?? on ??

Quote from: romanfrolovv on February 19, 2022, 08:07:23 AM

What do you plan to do with your twitter account?
It does not work now. Please check it and fix.

It is better to follow all the news in medium or in telegram.
Here is a link to their medium https://bashoswap.medium.com/

I just read their medium.
The last article is about tokenomis https://bashoswap.medium.com/bashoswap-tokenomics-33389fae6962

romanfrolovv

copper member

Activity: 64

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What do you plan to do with your twitter account?
It does not work now. Please check it and fix.

FiPi

copper member

Activity: 105

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Quote from: ?? on ??

It is important to check the news of the project to know more about its development.
You can check all the information and news in Medium https://bashoswap.medium.com/

I checked the news in Medium https://bashoswap.medium.com/bashoswap-whitepaper-release-ccafa9e66d3d

This is a news about the release of White Papers.

verushka

newbie

Activity: 67

Merit: 0

Here is a link to new article in medium which allows to anderstant the project better https://bashoswap.medium.com/introducing-bashoswap-an-all-in-one-suite-of-defi-protocols-built-on-the-cardano-blockchain-594b3273a442 - Introducing Bashoswap: An All In One Suite Of Defi Protocols Built On The Cardano Blockchain

cryptoserega

jr. member

Activity: 180

Merit: 1

What's happened with your Twitter?
Please check it. It does not work.

Topic: [ANN] BashoSwap - Multi Protocol Decentralised Exchange on Cardano. - page 2. (Read 454 times)