This is a project that meets some of the requirements that @theycallmedan talks about.
It is an inexpensive way to set up tokens by communities. It is also a decentralized system.
Is this basically Uniswap without the fees? Or is it actually the ability for each project to set up their own Uniswap like app?
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ERC-20 tokens are tokens built on ETH... They are usually simple ledgers and are effectively isolated from ETH in nearly the same way Bitcoin is. You can send and receive tokens to other accounts. Uniswap allows people to put their tokens into their protocol to provide liquidity for a DEX. Uniswap 1.0 Allowed exchanging ERC-20 for UNISWAP and provided the price interface on a DEX instead of a CEX.
Tokens built with this "DLUX" protocol take advantage of HIVE, and replace the EVM with Nodes that develop consensus. There are limitations to this approach talked about in the game theory video, but an AMM would make it all but invisible to end users. Those node operators provide their own liquidity to run and secure the DEX with out an intermediary token.
Uniswap is an amazing protocol for talking to ledgers, "DLUX" is an amazing protocol for building ledgers with out needing any additional interfacing.
This is a very similiar approach to what we are using to build out our version of NFT's.
I will spin up a node and start testing.
You guys need to cooperate))
I am always open to working with people.
When I reach out.
I always get sure and then get ghosted.
The issue with the game devs/companies on the chain is they will not share code or work together to solve anything.
All the projects I see use the basically the same code and each team wastes time re-writing it.
and some wastes the DAO funds))
How's the NFT project BTW?
Uniswap without the fees should be the exact thing Hive devs should be goign after. It's a real goldmine. DeFi kind of saved the whole crypto market for a while. There's ton of people (me included) who stayed away from Uniswap because of fees. No fees + 3 second Tx should be an easy sell and real use case.
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