Why you should farm @variational_io ?
To be fair - next post will be “Why you should not farm Variational”, means I will cover everything.
For myself Variational is tier-1 and I farm it.
Positive:
1. 0% fees both for maker and taker orders, you can almost trade for free.
2. It’s really unique from other PerpDEXes, they do not have order book! Uniqueness is really what can drive PerpDEX to the top.
3. 500 pairs - this is really powerful, while other perps have 10-30. You can trade almost everything, and team is super fast at adding new tokens!
4. It’s still early. You will say, but volume is really high, why is so? That’s right, but TGE is only in Q3 and what is more important they do not have api. As soon as they open api for public, it will be flooded with bots and it will be really hard to farm it.
5. Gated access - yes, there are a lot of codes in twitter, but still better than opened to anyone.
6. Nice referral system - combines both points and fees.
7. The biggest problem of Variational is spread, spreadS if being honest. But soon will be a spreads rebate mechanism.
Are you farming it? I do!
@givenoxbt@extendedapp@pacifica_fi Better use NeutraFi app bot to trade Extended + Nado delta neutral — token farming is almost zero cost, sometimes even profitable.