dydx distributes new proposals through community rewards: Another milestone event for DEX after Uniswap's new fee policy

0xmonomi
2023-10-23 18:45:06
Collection
Regarding user profits: The three major leading DEXs have successively adjusted their profit distribution systems. Is it a positive or negative impact?

Author: 0Xmonimi


Recently, the proposal to bridge the Ethereum community and reward funds to the dYdX chain has been approved.

This strategic initiative will grant governance rights to the dYdX chain to fund the launch of incentive programs, establish a dYdX chain insurance fund, distribute trading rewards, and support various initiatives of the dYdX DAO. In simple terms, this proposal will make significant adjustments to the community profit distribution of dYdX, particularly altering the interests of users. Of course, the specifics of this new policy are not the core focus of this article, so we will not discuss the details of the plan here.

Announcement of new regulations in the dYdX community

I believe that a series of events, which have been generally underestimated in importance, have recently occurred in the DEX sector. When connected, they may uncover new trends in the DEX industry.

Two major exchanges have adjusted their profit distribution models, implying an industry transformation for DEX?


In the wave of decentralized finance, every decision can provoke profound reflections within the industry. Recently, Uniswap launched a new fee model, and many users and practitioners believe that Uniswap has strengthened its "dealer" image and positioning while increasing certain fees. In light of dYdX's new regulations, we can't help but ask: Is the on-chain trading ecosystem entering the "dealer era"? In this new era, decentralized platforms must not only pursue technological innovation and openness but also consider how to achieve sustainable profitability in their business models. This shift may mean that the future on-chain trading ecosystem will place greater emphasis on user experience and value-added services while also exploring new profit models and business strategies.

Therefore, the fee model of Uniswap and the new community distribution proposal of dYdX, although seemingly independent events, are actually revealing the future direction of the on-chain trading ecosystem.

Uniswap's fee decision undoubtedly sends a clear signal: even decentralized exchanges are beginning to explore stable and sustainable profit avenues. This shift indicates that, to ensure their long-term robust operation and provide better services to users, DEXs may need to establish new value exchange relationships with users. This model is similar to the profit strategies of traditional centralized exchanges (CEX), suggesting that decentralized finance may be gradually moving towards commercialization.


Uniswap charges a fixed fee of 0.15% for 11 tokens traded through its official front end

On the other hand, the new decision of the dYdX Chain demonstrates a commitment to openness and collaboration, representing not only technological transparency and innovation but also broader community participation and cooperation. However, this also means fiercer competition, as various teams can build their own versions based on these open-source codes or introduce new business models.

Considering these two events together, we can clearly see that the on-chain trading ecosystem is undergoing a critical turning point. On one hand, decentralized platforms are exploring how to achieve sustainable profitability while maintaining their core values; on the other hand, the new community distribution policy brings unlimited opportunities to the entire ecosystem but also presents challenges. This dual change may imply that the future on-chain trading ecosystem will become more diverse and commercialized, while also being more open and collaborative.

In summary, while we cannot yet determine whether we have entered the "dealer era," these two announcements indeed provide strong reflections on the future of the on-chain trading ecosystem. Balancing commercial value and the maximum interests of users while pursuing the ideals of decentralization will be a core issue facing the future on-chain trading ecosystem. In addition to the aforementioned factors, we must also consider how further technological iterations will change the DEX ecosystem, with Unibot providing us with the most intuitive example.

Unibot, with advantages in automation and intelligence, also begins to transform its profit model

As we delve into the future development of the on-chain trading ecosystem, the rise of Unibot reveals a distinct direction. This advanced automated trading bot is not just a tool; it embodies the role of a dealer, integrating technology with business models to provide users with an unprecedented intelligent trading experience. This undoubtedly provides strong evidence for further exploring the arrival of the "dealer era."

The core advantage of Unibot lies in its exceptional automation and intelligence capabilities. Users can experience near-instant trading speeds and execute a series of complex trading operations, such as token swaps, copy trading, and cross-chain asset transfers. Notably, Unibot offers users a simple and efficient wallet interface on Telegram, seamlessly integrating with major DEXs to ensure a one-stop cryptocurrency interaction experience.

In addition, Unibot has other significant advantages. Its independent node design allows it to avoid front-end trading delays on Uniswap, significantly improving trading speed and reducing the likelihood of failures. According to official data, Unibot's trading speed is six times that of Uniswap, providing users with a smoother trading environment.

Unibot launches a loyalty program, offering discounts based on trading volume and UNIBOT holdings

In terms of security, Unibot also performs exceptionally well. Its unique anti-sniping feature effectively defends against sandwich attacks, a strategy that illegally profits by manipulating the prices of trading pairs. Through Unibot's private trading mechanism, users can trade in a more secure environment, ensuring their assets are not threatened.

Moreover, the technological advancements of Unibot are closely related to the new policies of the dYdX Chain. The open-source technology involved in the new policies represents transparency and innovation, providing vast possibilities for developers and thus promoting the rapid development of projects like Unibot.

At the same time, Uniswap's fee model also showcases new explorations in the business models of decentralized exchanges. Introducing fees has become a trend to maintain operations and provide better services. As an advanced trading tool, Unibot may also adopt similar business strategies.

These changes collectively point to a clear direction: the on-chain trading ecosystem is gradually shifting from being purely technology-driven to being commercially driven. In this new era, services and tools must not only pursue decentralization and transparency but also consider how to provide more value to users and obtain reasonable returns from it.

Conclusion: Multi-dimensional optimization in the DEX sector, but the prospects are promising

With the rise of Unibot and the development of other related projects, the on-chain trading ecosystem is undergoing a profound transformation. The intertwining of technological advancements and explorations of business models reveals a more diverse, open, and commercial future. The emergence of Unibot not only represents a technological leap but also serves as a beneficial attempt at the business model of the entire ecosystem. Meanwhile, the new community policies of dYdX Chain and Uniswap's fee model further prove the diversity and complexity of decentralized finance.

In this new era, we can foresee that the on-chain trading ecosystem will no longer be merely a battleground for technology but a stage for the joint development of technology and business, innovation and collaboration. Various tools and services will place greater emphasis on providing real value to users while also seeking their own sustainable development and profitability. This transformation is not only inevitable but also a beneficial exploration for the healthy and stable development of the entire ecosystem.

In conclusion, the future of the on-chain trading ecosystem is filled with infinite possibilities and opportunities. As part of this ecosystem, we have the responsibility and opportunity to participate and create together, striving to build a more prosperous and open decentralized financial world.

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