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https://warpcast.com/~/channel/dydx
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OneGenCrypto
@fallenlogist
Fundamentals of the /dydx Protocol for the long term ar quite strong due to its wide market acceptance, profitable business model, and strong technology. However, regulatory risks, competition, and technical issues need to be watched closely *DYOR*
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OneGenCrypto
@fallenlogist
1️⃣ Wide Market Acceptance: Built a dominant market position with over 70% market share in on-chain perpetual futures #trading , 2️⃣ Profitable Business Model: Generates revenue from trading fees charged on every transaction , 3️⃣ Strong Technology: Migration of $dYdX to the #Cosmos blockchain will increase trading throughput by 100x and open up new opportunities for platform monetization ,
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OneGenCrypto
@fallenlogist
4️⃣ Developing Tokenomics: $dYdX token is used for governance voting, staking & as a means to reduce trading fees , 5️⃣ Strong Community: $dYdX has built a solid community with loyal users and has shown the ability to adapt to market changes.
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