Liquidity mining will exist for a long time, but whether so many swaps can exist for a long time is a question.
Obviously after a collapsed weekend, why are those defi farmers still looking for farmland to plant?
The market situation, at present, the second half of this defi has become pure mining, and various exchanges are gearing up to start their own "photographing the cat and drawing the tiger" operation-to obtain new coins by collateralizing their own platform coins.
In order to retain users, they can be considered fighting. Perhaps they think that for Leek, as long as there is a new currency and a profitability, it is enough, and the other is no longer important.
In fact, no matter what these are called swaps or anything else, as long as you put two coins into the market to make interest for the tokens, you can understand it as an exchange.
Traditional exchanges rely on order book transactions for pricing, and market makers are also needed here. Through the work of market makers (here are generally robots), a certain amount of buy and sell orders are formed to give leeks a better trading experience. If they are not available Many small exchanges may be in the state of "ghost town". You go to trade, and no one will receive the pending sell order for a long time. If you drop it down, it will be a few points of loss. The bigone once had this The situation is because his family clearly said that they would not engage in market makers.
Market making may be at a loss, so this kind of project party or market maker found by the exchange is charged.
I chose tron’s Internet celebrities sal and tai to cultivate happily. In this weekend, trx fell 23%, salmon fell 90%, pearls fell 75%, and tai fell 80%. Not only did they not make any profits, but finally Also lost.
Therefore, whether it is market making or mining, the cost of tokens and the timing of entry are very important. If the timing is not selected, it is also a farm that is dozens of years old. Others can make a profit, and you may not be able to pay back.
Here, to reduce the risk, one is to choose a stable currency trading pair, such as eth/usdt. Relatively speaking, it will not be as exaggerated as the fall of the farm currency, and when the eth may rise back, of course, the general trading pair , The added capital is also more, the income will be much less.
There is also some hedging to reduce the risk loss caused by the plunge.