Seems to be live? Anybody following this still?
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So why use it if curve is cheaper?
I would shop around for 8.5% discount
Nevermind, I’m tired and ill since mon, ill look again tomorrow.
He did all this in 1 transaction… in the picture they have divided it into blocks, but the transaction is 1
No, 3 platforms ( the blue bars )
1 for loan on left
Top one is uniswap
Bottom one is curve
As labelled in dark blue.
In one Aug. 10 transaction on the Ethereum blockchain
The platforms are different yes, but they are all on 1 blockchain and 1 transaction. In this 1 transaction you have different sub transactions
OK, so if uniswap code means things sell below real market value.
Why use it?
Edit.
Good to buy, bad to sell on uniswap is my take on this.
Everyone. This is the largest decentralized liquidity provider.
If you want, see this specific example in which I explained how everyone Wins:
I’m to tired, ill look tomorrow.
But it seems to me, if those sellers on uniswap had just sold on curve, they would be richer and this person would not have made 40k of them.
In your example.
Price goes up by 10%
But in both real world cases, the one I list, and the check you did, price actually drops not rises.
Exactly. Then some bought the cheap USDC price and now the price has recovered. Add 1 more Win for the one who bought low the USDC
UniSwap does not exist in a vacuum. It is part of an ecosystem. Every move up or down is an opportunity for some to sell or buy.
May suit some, I guess I’ve grown to know and love buy and sell order books.
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Because you are not an arbitrage trader, friend 
Let’s look at the example above after the price of USDC fell with 8.5% in UniSwap:
- The ETH price is now 8.5% higher
- You have ETH. You sell it for USDC
- With these USDC you go to another exchange where the price is different and sell them
- You buy back your ETH and you keep 8.5% profit
Win for you!
What happens to the liquidity providers in UniSwap:
- They made a 0.03% fee when the price of ETH went up when the first seller sell 450000 USDC for ETH
- They made a 0.03% fee thereafter when other people sold ETH in the pool and its price fallen
Win for the liquidity providers!
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OK seems to make alot more sense to me now, thanks.
I guess they need the appreciation, depreciation of assets to encourage arbitrage folks.
Seems like easy money, so long as you know what your doing.
Keep in mind that there are risks for liquidity providers too. If the price goes up and never falls again, it turns out that you sold it cheap so if you’re a holder it’s not a good idea to become a liquidity provider
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I had already considered that when considering putting some maid on there at some point.
No chance at current prices.
I personally plan to buy a separate MAID to put there if the opportunity arises. I plan to use my main MAID to upload information to the network to help it get started 
There is a lot to learn from Polkadot
https://www.reddit.com/r/dot/comments/hxbxl6/get_polkadot/
Dot price during ICO was around $30 USD
They already sold 50% of the DOTs 3 years ago for like 1ETH = 200 DOTS (aprox $1.5 per DOT), and now they are asking $125
They vote with their money
https://polkadot.js.org/apps/#/council
Even got a kitty to fund stuff
https://polkadot.js.org/apps/#/treasury
What pains me is that around here, we’re chatting about erc20 MAID (no offense to who brought it up), instead of what really matters, namely.
Why is this not Kilobyte, Megabyte, Gigabyte, Terabyte or Petabyte? And to who does this matter? How about a cloudplatform that just bought a small amount of bitcoins?
It will only cost us time and money to play with exchanges, for six years now they don’t give a 
about this project. When we got a working network from home we’ll probably revisit Microstrategy…
There my Kanye West rant…
Yeah I like what Polkadot is doing…
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It will eventually be dynamic and be decided by farmers. The network will balance supply/demand. So just to get out Fleming we set it at an easy to work figure. So only for testing static value before we complexify it a wee bit.
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