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Messages - Ackerman Levi

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1
Gambling discussion / Re: Is RammDex an exchange or a gambling game?
« on: February 29, 2024, 11:51:20 AM »
I've seen RammDex mentioned on social media, but I'm still unclear about what sets it apart from other exchanges.

2
If they can develop tournaments, it will truly make a big splash; transparency in results will capture users' attention.

3
I'm still keeping an eye on the project, I'm looking forward to the airdrop from the project, I support RammDex because of your great idea.

4

I find it completely different from DEX, and the most significant difference is using the hash string as the result. The two opposing result groups mentioned by RammDex can be understood as the buying and selling sides, similar to CEX.
But there is no central connection. The problem in these pools is always ensuring more deposits, which is often obtained by giving a higher return. This higher return, if it does not achieve quick profits, will lead to the service not fulfilling obligations and then scam.
You are confusing AMM with RAMM, of course, any liquidity pool needs to be abundant. The issue with RAMM is different. Today, I have carefully reviewed the whitepaper of RammDex. RAMM is not a place that provides liquidity to reward liquidity providers as DEX platforms do. The liquidity pool of RAMM is created continuously by a group of people, among whom there are always two groups selecting two opposing results. These results are taken from the upcoming Hash string, and the Hash string is immutable. When the result is known, any unmatched assets will be returned to the account without transaction fees.

5
Risk Automated Market Maker (RAMM) Technology raised two main problems: The risk of unsafe exchanges. 2. Market manipulation by whales. They did not succeed in explaining it. I searched on the site and on the Internet and did not find a clear explanation of how to solve the two problems. Returning to the definition, they will use the blockchain components as results in the future, and with 2 opposite outcome groups for risk exchange, I see that the project adds additional risks and, through the difference between the results of current and future risks, achieves a profit, but such ideas have ended badly in most DEX.
I find it completely different from DEX, and the most significant difference is using the hash string as the result. The two opposing result groups mentioned by RammDex can be understood as the buying and selling sides, similar to CEX.

6
While I appreciate the allure of receiving a new coin through trading fees on INNODEX, I would exercise caution, especially considering the relatively low trading volume on the platform. Low trading volume can sometimes be an indication of limited liquidity and potential challenges in buying or selling assets. Additionally, the lack of trading bots might be a positive aspect, but it's crucial to thoroughly research the platform's security measures and overall reputation. It's important to ensure the event aligns with your risk tolerance and investment strategy.

7
While HBAR sounds promising, we've seen many blockchain projects make bold claims in the past. It remains to be seen if it can deliver on its promises and gain widespread adoption.

8
Could the SEC really approve a Bitcoin ETF in just a few months? But is it really going to be that straightforward?

9
The potential listing on Binance does sound appealing, but I've seen similar projects crash and burn after initial hype. I'd rather stick to more established cryptocurrencies with solid fundamentals and real use cases. Safety over quick gains, that's my motto.

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