If you're tired of just holding $ADA you can always get involved in the ecosystem. Some of the ecosystem tokens have interesting utility....and can act as "$ADA multipliers"...of course, you have to choose the right ones.
In terms of the "Wave of defi builders" that are on death's door, CSWAP is not one of them.
Despite receiving far less support thsn competitors, we have runway, and multiple products launching soon...entering in to trillion dollar markets.
Our future has never been brighter.💚
@CSWAP_Destroy@btc_karma The future is incredibly bright for CSWAP and @btc_karma thanks to our talented team and incredible community! This week...a new era begins!
For years I've been heavily focused on the price of $ADA.
As a Cardano-native project, $ADA has been our bread and butter.
But as we stand on the cusp of launching @btc_karma, I'm starting to see a much broader future for our team, community, and ecosystem.
A future that includes:
$BTC
$ADA
$CSWAP
$KARMA
And soon, real-world assets.
What excites me most isn't any single token.
It's the realization that we're building an ecosystem where value can be created and captured across multiple products, communities, and asset classes all while leveraging the security and infrastructure of Cardano.
@btc_karma brings Bitcoin into the picture.
Our upcoming RWA platform will pair appreciating assets with Cardano stable coins and create opportunities for Bitcoin holders to participate in yield generating real world assets through the BTC Karma ecosystem.
Each of these assets has a place in our vision:
• $CSWAP
• $BTC
• $ADA
• $KARMA
• $NIGHT
• RWAs
• $USDM
• $USDA
• $USDCx
And with nearly 1M ADA in protocol-owned liquidity supporting projects across Cardano, we're continuing to invest in the growth of the ecosystem while expanding beyond a single narrative.
These days, I find myself thinking less about the price of ADA and what the founding entities are doing, and more about the products we're building.
Less about reacting to market forces.
More in control of our own future.
That's what I'm most excited about. 💚
CSWAP gives the flow a place to move.
KARMA gives the people alignment.
That’s the energy behind Issue #6: KARMA GATE. ⚡
Cardano DeFi meets TOONK Comics.
@CswapDEX x @btc_karma
The other protocols ruined their incentive models with sky high initial FDVs. CSWAP is the only spot DEX with a token model that offers upside to LPs. This is where the focus of the RFP and analysis should be...but its not. Its infuriating. This isn't about whats best for CSWAP its about whats best for Cardano.
You said it wasn't worth your time, because we didn't have enough liquidity. So you charged us. That's not "business".
The longer we reinforce and cater to mediocre incumbents, the more Cardano DeFi will suffer. We've seen years of shrinking on-chain economy, and you want to reward those responsible for it. Smart.
Maintaining the status quo is a waste of money and its bad for Cardano stables, including USDM. Doing the same thing over and over again is insane. These protocols have already received massive injections and its a waste of capital and opportunity.
These early Cardano DeFi protocols seized an early market opportunity but they don't have the economic prowess, innovation, or creativity to attract new market participants.
@blockjock2017@ElderM None of this matters anyways. The public has no say anyways. Minswap didn't even disclose that Elder and Marco are both paid advisors. This whole thing is corrupt.
@blockjock2017@ElderM If the spreadsheet was catered towards the strengths of our proposal, your AI analysis would put our proposal as #1. It's all smoke and mirrors. Manipulative.
Did you read the proposal or look at the spreadsheet? There were several sections in the spreadsheet that were not part of the RFP. We were not asked these questions. They catered the spreadsheet to Minswap's proposal to make it look the best. This is why when you run the spreadsheet through AI...they come out number 1.
@blockjock2017@ElderM Our numbers are incredible. We've done twice as many txs over the past week as Sundae Swap. They have 20x the TVL that we do. CSWAP is by far the best business choice for Cardano. It's not even close.