@spice_trader volume on the memo dex can indeed be faked for low cost if you switch to the 0.05 bch monthly plan instead of 1.5% purchase fee. imo trade count gives a neutral overview about general trading activity
@spice_trader volume on the memo dex can indeed be faked for low cost if you switch to the 0.05 bch monthly plan instead of 1.5% purchase fee. imo trade count gives a neutral overview about general trading activity
30 day trade count ranking, prefiltered through simpleledger.info's popular tokens (monthly). Would be nice if this and also volume were implemented as metrics in the token section
I'd rather rank by trade count which I did some days ago. Every trade has to pay fees so faking can be expensive. Volume can be faked too if you sell a massive amount to yourself.
Good point, but manipulating volume is way more costly that trade count. You'd be losing 1.5% of your massive sells to Memo, either way market cap is the worst way to order.
Good point, but manipulating volume is way more costly that trade count. You'd be losing 1.5% of your massive sells to Memo, either way market cap is the worst way to order.
Ah I see, you're right. Would definitely be a good feature also because it's not that easy to spot the volumes manually. For trade count you just count the rows of each sales section
Just an idea, is #memo able to list tokens by volume instead of market cap. its so gameable. I can literally create a token, sell it to myself for a billion sats, and be at the top of the markets FOREVER.
I'd rather rank by trade count which I did some days ago. Every trade has to pay fees so faking can be expensive. Volume can be faked too if you sell a massive amount to yourself.
Vin Armani published a new SWaP protocol for trustless on-chain swaps on Bitcoin Cash
https://medium.com/@vinarmani/signal-watch-and-pay-protocol-toward-a-censorship-resistant-economy-on-bitcoin-cash-83593abe14ae
This sounds amazing. Is anyone working on an implementation of the protocol? Can some of these features be integrated within memo? Maybe this way we could have complete order books?!
30 day trade count ranking done manually. First filtered through simpleledger.info's monthly popular tokens chart, then looked up purchases on the memo dex. Some shady included though
30 day trade count ranking done manually. First filtered through simpleledger.info's monthly popular tokens chart, then looked up purchases on the memo dex. Some shady included though
