[DegenTech] Important announcement about Aliens.farms

  • We worked with open-source code and shared our solutions with the Tezos community;
  • We promoted our projects among people who worked in other blockchains, and we faced many difficulties in onboarding these people to Tezos. For instance, it is hard to move liquidity to Tezos because no bridges are available (We don’t count the WRAP protocol because it’s half-dead). It’s hard to use large sums on Tezos because the main DEXes don’t have enough liquidity in main pools, and swaps with big sums are conducted with a colossal price slippage;
  • We tried to use in-built promotional tools in our AMM (referral program, interface fee, etc.), and they didn’t help because of the small DeFi community on Tezos. As we noticed, this blockchain has around one thousand active DeFi users who move their liquidity from one project to another, and this number wasn’t dramatically changed during the year. For this reason, there is no use in collaborating with other Tezos projects because we compete for the same liquidity.

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DegenTech

DegenTech

Group of degen developers who loves experiment with DeFi