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RE: Centralized Exchanges Are Becoming Irrelevant | Will Uniswap V3 Deliver the Killing Blow?

in LeoFinance4 years ago

The exchange that I won't name offered to list WLEO for 1-2 BTC

I find this hilarious, each time confronted with it.

  1. Did they charge Satoshi to list BTC?
  2. To add a contract address in your admin panel and write an announcement post?
  3. (Queue cost of IEO which often serves only to pump their own token)

CEX have seen this coming for eons and knew the DEX writing was on the wall. That’s why always more CEX are launching their own “DEX” and will also invest in protocols similar to Uniswap to be integrated on it. It will become always harder — for the average user — to identify the DEX from the “DEX” in the next few years.

The good thing is that centralized DEX will have to start to actually provide value beyond “automated market making liquidity and volume”.

Interesting times ahead.