1 Level
10 Review
4 Karma
Review on 0x by mahmoud abdelmageed
It would be really great if they can process user requests and improve theirβ¦
It would be really great if they can process user requests and improve their community engagement in new ideas and to identify drawbacks. S they have a good future with them
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Pros
- With 0x, Relayers directly compete against each other for liquidity,volume and fees where big players will end up having the lion's share as they will have a larger marketing budget, leading to less fees due to more volume. On Kyber, reserve managers benefit from a single brand, and only compete on a price aspect, and don't need to market themselves.
Cons
- There are inefficiencies in the design of existing Decentralized exchanges that impose high friction costs on market makers as these implementations place their order books on the blockchain, requiring market makers to spend gas each time they post, modify or cancel an order. Frequently modifying orders in response to evolving market conditions is prohibitively expensive. Maintaining an on-chain order book results in transactions that consumes network bandwidth and bloat the blockchain without necessarily resulting in value transfer.Summary:
