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@BoxDalio how can we outcompete while there’s decentralized perpetual markets

like kwenta.eth.limo on eth layer2 that aims to be decentralized Binance? What’s differentiator?

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As far as I know, kwenta.eth.limo has been invested by a capital company in Australia. It has indeed done a good job in Defi over the years, and there are many innovations worthy of our study. The details need further research. Although they have adopted ETH L2, their ceiling is still ETH, and L2 still has problems such as limited composability and divided liquidity, which currently do not exist in EOS. The technical advantages of EOS as the underlying public chain are still there. Therefore, Defi on EOS still has a chance, if we take action now.

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