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RE: Uniswap VS Pancake | Data on TVL, Trading volume and Users

in LeoFinance4 years ago

Great informative analysis as always. I think Binance did a great job copying what was already working in the decentralized space and introducing a massively cheaper version of it to an existing market of Binance users.

It's all Ethereum's fault. They should have worked on scaling and fees. It is also the fault of DAPP platforms like EOS for not creating feeless competitors fast enough and promoting them instead of committing $150 mullion into VOICE.

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It's all Ethereum's fault. They should have worked on scaling and fees.

THIS. They thought they had a monoploy forever and were slow to address fees. Now they have a viable competitor and I don't think BNB is going away any time soon.

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Funny thing is BNB is not even a proper decentralized chain. It is a rip off of Ethereum with better scalability and fees. That is all it took to create another behemoth in cryptocurrency space.

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