Read on Twitter
Let's talk DEXes. Thread Edition. The main benefits?
Asset ownership, you keep your keys
No KYC needed, Identity is safe
Automated & algorithmic vs fake volumes & manipulation on CEXes
/1
Asset ownership, you keep your keys No KYC needed, Identity is safe Automated & algorithmic vs fake volumes & manipulation on CEXes/1
Over $2.4 billion was traded on DEXes in 1 week of August = 2019 whole year volume within 7 days. Over $17.4 billion was traded over the last 30 days alone 
#DEX/2
@DuneAnalytics recorded the Top DEXes in 7 days volume include
@UniswapProtocol
@BalancerLabs
@KyberNetwork
@synthetix_io
@Bancor
@loopringorg
@ddexio2018
@CurveFinance
@0xProject
@idexio
@dydxprotocol
Oasis
@gnosisPM
/3
@UniswapProtocol @BalancerLabs @KyberNetwork @synthetix_io @Bancor @loopringorg @ddexio2018 @CurveFinance @0xProject @idexio @dydxprotocolOasis @gnosisPM/3
But DEXes also have their fair share of issues.
Rising $ETH Price (from demand), rising gas fees. Uniswap recorded the highest fees in the last 30 days totalling to $12.7 million at an average cost of 117 Gwei.
Remember, in calmer periods, gas costs go as low as 2 Gwei
/4
Rising $ETH Price (from demand), rising gas fees. Uniswap recorded the highest fees in the last 30 days totalling to $12.7 million at an average cost of 117 Gwei.
Remember, in calmer periods, gas costs go as low as 2 Gwei
/4
The economics have made it impossible for an average trader to stick. If this continues, we'll see DEXes as just a whale playing ground for wealthy bagholders 
This isn't ideal.Here's how ZeroSwap is tackling these problems
/5
We believe in the true #decentralization of #finance and are working towards achieving this goal.
ZeroSwap is a multi-chain trading protocol that allows users to participate in the DeFi space at zero cost thus helping maximize their returns.
Developing on #ETH and #BSC
/6
ZeroSwap is a multi-chain trading protocol that allows users to participate in the DeFi space at zero cost thus helping maximize their returns.
Developing on #ETH and #BSC
/6
Users will be able to make on-chain trades on DEXes for free, which will greatly enhance the provisioning of, and access to liquidity. 
This is a departure from the industry-standard where DEXes are charging fees equal if not higher than their CEX counterparts /7
We aspire to deliver a much more fulfilling and seamless trading experience by eliminating all hindrances impeding financial freedom for everyone 
/8
/8
ZeroSwap is offering:
Gasless transactions
Zero fees
DEX aggregation
Governance
Rewards through liquidity mining and placing on-chain trades / providing liquidity
#ZeroSwap #DEX
/9
Gasless transactions Zero fees DEX aggregation Governance Rewards through liquidity mining and placing on-chain trades / providing liquidity#ZeroSwap #DEX
/9
Check out our latest piece which we've broken down in this thread covering the current costs to trade on DEXes. https://link.medium.com/dTDUcaoFLab
Have any questions? Join our community and ask away!
https://t.me/zeroswap
/10
