Does someone know why people add second liquidity currency in

Question

Solidity Development

Brooklyn Chap

Does someone know why people add second liquidity currency in

a pair as bnb on pancakeswap?
Why not make a CoinX-USDT pair instead of CoinX-BNB ?

#english #programming #solidity

0

26.08.2021

5 ответов

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Brooklyn Chap Автор вопроса

hmmm, good answer thank you. Here's my thought, tell me if my thinking is correct: The majority of the new shitcoins/memecoins that appear on PancakeSwap (SmallDickDoge, BabyInuShiba), start with one pair which is BNB/CoinX (CoinX can be SmallDickDoge for example). Why not launch the project (the first pair) with USDT/CoinX, because it will be a lot easier to look at the chart. Are the project creators doing this intentionally, or am I missing something?

0

26.08.2021

Simon Tian

You can ask the Uniswap creators why they did not put USDT in the router.

0

26.08.2021

Brooklyn Chap Автор вопроса

One sec let me check the router contract

0

26.08.2021

Brooklyn Chap Автор вопроса

I am missing something for sure. Can I DM you

0

26.08.2021

Simon Tian · Accepted Answer

Simon Tian

IMO, the second pair can provide a more accurate reference for CoinX price. Imagine only CoinX-BNB is available, it is hard to tell if the downwards trend is due to the depreciation of CoinX or the appreciation of BNB.

0

26.08.2021

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