Let& #39;s talk DEXes. Thread Edition. The main benefits?

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔑" title="Schlüssel" aria-label="Emoji: Schlüssel"> Asset ownership, you keep your keys
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🚫" title=""Betreten verboten!"-Zeichen" aria-label="Emoji: "Betreten verboten!"-Zeichen">https://abs.twimg.com/emoji/v2/... draggable="false" alt="🆔" title="Quadratisches ID" aria-label="Emoji: Quadratisches ID"> No KYC needed, Identity is safe
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤖" title="Robotergesicht" aria-label="Emoji: Robotergesicht"> Automated & algorithmic vs fake volumes & manipulation on CEXes

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https://abs.twimg.com/emoji/v2/... draggable="false" alt="📊" title="Balkendiagramm" aria-label="Emoji: Balkendiagramm"> 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 https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔥" title="Feuer" aria-label="Emoji: Feuer"> #DEX

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@DuneAnalytics recorded the Top DEXes in 7 days volume include

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🦄" title="Einhorngesicht" aria-label="Emoji: Einhorngesicht"> @UniswapProtocol
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚖️" title="Waage" aria-label="Emoji: Waage"> @BalancerLabs
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🌐" title="Weltkugel mit Längengraden" aria-label="Emoji: Weltkugel mit Längengraden"> @KyberNetwork
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤖" title="Robotergesicht" aria-label="Emoji: Robotergesicht"> @synthetix_io
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🏦" title="Bank" aria-label="Emoji: Bank"> @Bancor
https://abs.twimg.com/emoji/v2/... draggable="false" alt="➰" title="Geringelte Schleife" aria-label="Emoji: Geringelte Schleife"> @loopringorg
https://abs.twimg.com/emoji/v2/... draggable="false" alt="📈" title="Tabelle mit Aufwärtstrend" aria-label="Emoji: Tabelle mit Aufwärtstrend"> @ddexio2018
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🌈" title="Regenbogen" aria-label="Emoji: Regenbogen"> @CurveFinance
https://abs.twimg.com/emoji/v2/... draggable="false" alt="0️⃣" title="Tastenkappe Ziffer 0" aria-label="Emoji: Tastenkappe Ziffer 0"> @0xProject
https://abs.twimg.com/emoji/v2/... draggable="false" alt="📊" title="Balkendiagramm" aria-label="Emoji: Balkendiagramm"> @idexio
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🧮" title="Abacus" aria-label="Emoji: Abacus"> @dydxprotocol
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🌀" title="Zyklon" aria-label="Emoji: Zyklon">Oasis
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🦉" title="Eule" aria-label="Emoji: Eule"> @gnosisPM

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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 https://abs.twimg.com/emoji/v2/... draggable="false" alt="🏖️" title="Strand mit Sonnenschirm" aria-label="Emoji: Strand mit Sonnenschirm">

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https://abs.twimg.com/emoji/v2/... draggable="false" alt="📊" title="Balkendiagramm" aria-label="Emoji: Balkendiagramm"> The economics have made it impossible for an average trader to stick. If this continues, we& #39;ll see DEXes as just a whale playing ground for wealthy bagholders https://abs.twimg.com/emoji/v2/... draggable="false" alt="🐳" title="Wasserspeiender Wal" aria-label="Emoji: Wasserspeiender Wal"> This isn& #39;t ideal.

Here& #39;s how ZeroSwap is tackling these problems https://abs.twimg.com/emoji/v2/... draggable="false" alt="😉" title="Zwinkerndes Gesicht" aria-label="Emoji: Zwinkerndes Gesicht">

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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 https://abs.twimg.com/hashflags... draggable="false" alt="">

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https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤲" title="Hände nach oben gegeneinander" aria-label="Emoji: Hände nach oben gegeneinander">Users will be able to make on-chain trades on DEXes for free, which will greatly enhance the provisioning of, and access to liquidity.

https://abs.twimg.com/emoji/v2/... draggable="false" alt="↕️" title="Auf-und Abwärtspfeil" aria-label="Emoji: Auf-und Abwärtspfeil"> This is a departure from the industry-standard where DEXes are charging fees equal if not higher than their CEX counterparts

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We aspire to deliver a much more fulfilling and seamless trading experience by eliminating all hindrances impeding financial freedom for everyone https://abs.twimg.com/emoji/v2/... draggable="false" alt="🌎" title="Amerika auf dem Globus" aria-label="Emoji: Amerika auf dem Globus">

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ZeroSwap is offering:

https://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts"> Gasless transactions
https://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts"> Zero fees
https://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts"> DEX aggregation
https://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts"> Governance
https://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts"> Rewards through liquidity mining and placing on-chain trades / providing liquidity

#ZeroSwap #DEX

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https://abs.twimg.com/emoji/v2/... draggable="false" alt="📖" title="Offenes Buch" aria-label="Emoji: Offenes Buch"> Check out our latest piece which we& #39;ve broken down in this thread covering the current costs to trade on DEXes.

https://link.medium.com/dTDUcaoFLab ">https://link.medium.com/dTDUcaoFL...

Have any questions? Join our community and ask away!
https://t.me/zeroswap 

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