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So Aerodrome which counts "ALL THE FEES" generated by LPs as revenue and send that fees to buyback AERO tokens to give those AERO tokens back to LP holders. Creating a confusing ponzinomics with tokens and tells that they earn the most revenue in the DEX space.
Pretty stupid comparison imo.
The only DEX (outside of Fluid) that I have huge respect for is Uniswap because it's a pure LP play, no ponzi tokenomics to keep the liquidity hooked to protocol. Liquidity is there because it's earning real fees out of it.
15 tuntia sitten
The measure of a DEX isn't its volume or TVL -- but its ability to maximally capture and redistribute value.
Uniswap has exactly one competitor in this regard -- and it isn't anything currently deployed on Mainnet ETH.
Vanity metrics are ez -- creating value is not.
@wagmiAlexander I briefed on that here:
And also separate but related:
4.8. klo 05.33
While it's a great achievement for @0xfluid, I think the real win will be when Fluid is able to compete on the volatile pairs & fees with DEX v2 🌊🌊🌊🌊🌊
Excited for what future holds!
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