We need large DEXs like Pancake to fully leverage the benefits of this idea.
all DEXs on ZKFair will have the opportunity to become the next PancakeSwap
Is PancakeSwap enthusiastic about a newly launched blockchain?
I think they would be very interested. How could they miss out on a community that grew TVL from 0 to $150 million in a week?
The question is whether anyone will stay afterward. Even large blockchains like ZKSync and Base had to operate for a long time before Pancake joined
Mr. Obama, you can use your influence to persuade them
If they don’t participate, SideSwap will surpass them
It’s not easy at all. Their technical team is very strong, and their financial resources are also very robust
I don’t think it’s that difficult. Pancake has already open-sourced their code. Anyone can copy a new project like that
Hello @danbo, your initiative is very different from the rest. If there’s any idea that could turn ZKFair into a billion-dollar project, I think this is it. ZKFair should explore its feasibility.
It’s not a simple matter at all. Technical aspects are just one small part of it. Copying PancakeSwap is easy, but turning it into a large decentralized exchange like Pancake is extremely challenging:
- You need to make people trust your project. People won’t send money to your dApp if they fear you might run away with it.
- You need a way to promote your product to the community.
- You need to provide some unique benefit to attract users to your DEX, not other dApps.
- You need substantial financial resources to create initial liquidity pools. The more trading pairs, the more capital is required.
- Most importantly, it’s the technical and financial capability behind the scenes that matter the most. You need a strong team to handle unexpected situations. You need a financial cushion for emergencies
Thank you for taking the time. I also hope that it will be successful, not only to propel ZKFair into a billion-dollar project but even bigger, a $10 billion one
I completely agree with that. Building a project requires many factors. However, at the very least, ZKFair needs to provide the best conditions for dApps to unleash their creativity easily
Many people have a lot of money, and if given the opportunity, I think they would be willing to invest in projects. Just like with Starknet, the Ekubo exchange was recently invested in by UniSwap for $12 million
The team behind Ekubo is indeed affiliated with Uniswap. So, it’s not too surprising that they received investment. They also have the Uniswap community to promote them, which contributes to their rapid development
Mainly because people hope for airdrop from Ekubo. In reality, it’s like hitting two birds with one stone, earning both the Starknet and Ekubo airdrops
Did you participate in hunting for the Ekubo airdrop?
Yes, I did. I participated from the first day Ekubo launched
I’ve also provided liquidity on there for 2 months, but I don’t know why I received so few tokens this month
Me too. Hopefully next week there will be news of Starknet’s airdrop