Part 1/7:
Observations on Current Dex Opportunities
In the evolving landscape of decentralized exchanges (Dexes), the speakers reflect on the current status of specific platforms, particularly the Maya Protocol and its liquidity rewards. The discussion begins by highlighting that the rewards from providing liquidity on Maya are currently low, mainly due to the absence of token inflation and subsidies. Unlike platforms such as Thorchain, which has exhibited a consistent subsidy structure, Maya's reward system is consequence of real user demand for liquidity, leading to a straightforward correlation between market activity and the rewards received.