#Uniswap X AMM Chaining
Today I posted about this person that bought $22 dollar of and paid $42 dollar of fee.
I was wondering why it was so much and found out he was using AMM Chaining.
A nice feature of a AMM DEX is Automated Market Maker Chaining; AMM Chaining.
1/4
Today I posted about this person that bought $22 dollar of and paid $42 dollar of fee.
I was wondering why it was so much and found out he was using AMM Chaining.
A nice feature of a AMM DEX is Automated Market Maker Chaining; AMM Chaining.
1/4
2/4
You can basically trade any token for another token as long as there is a pair with liquidity for both tokens on the AMM DEX.
As you can see in the above case:
He had .
He wanted .
The protocol automatically traded for and bought with that .
You can basically trade any token for another token as long as there is a pair with liquidity for both tokens on the AMM DEX.
As you can see in the above case:
He had .
He wanted .
The protocol automatically traded for and bought with that .
3/4
The only problem is that the fees are 'a bit' high. However, I do think it's an amazing feature which will be used a lot in the future once the fees are fixed.
The only problem is that the fees are 'a bit' high. However, I do think it's an amazing feature which will be used a lot in the future once the fees are fixed.
4/4 #VeChain
Did you know the VechainThor blockchain has an AMM DEX? For 1.5 year already.
It's called @VexchangeIO and works the same as Uniswap.
It's made by a community member so give them a follow!
Did you know the VechainThor blockchain has an AMM DEX? For 1.5 year already.
It's called @VexchangeIO and works the same as Uniswap.
It's made by a community member so give them a follow!
If you want to like or RT, please RT the first tweet of the thread.
More explanation threads about #VeChain, check the comments on the tweet below or click #EducationVET for single explanation tweets.
More explanation threads about #VeChain, check the comments on the tweet below or click #EducationVET for single explanation tweets.
https://twitter.com/Martijncvv/status/1218895904469651456
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