It is hard to tell, they have banned many investors who complained about the rewards issues, besides they hardly ever open their telegram group. Wag is a horrible project, I just feel sorry for all who got trapped into that disfuncional dex.
Don't spread negativity, if you don't understand crypto industry, it is a good project and team is reliable and good.
According to my experience, DEX works perfectly, I don't rate staking because I don't stake on Wagyu.
What exactly makes it a good project in your opinion?
Team is transparent and helpful, vela need a dex and it's full functional dex and better than pancakeswap! Check transaction speed, time and fees, it is very minimum and less as compared to other dex's.
Team is everything but transparent. They have banned many investors who questioned their technical issues. I am not the only one who has pointed out that in this group. Anyway, once again, I just hope VLX gets a better DEX, wagyuswap in my experience is really bad.
I am in the group from the day one, it is one of the best team, they answer all logical questions in a professional mannered, they blocked to only othse people who always create fed, and they are very linent they ignored FUD alot, but enough is enough and FUD is not allowed.
It is not just the fact they keep banning people, is also their poor development, wrong calculator and a bunch of technical issues. To me it was just a pump&dump project turning into a slow-rug one.
- it's not transparent, if you ask deeper going questions or i.e. how apr/apy is calculated. - dex software is a fork of pcs, which is a fork of uniswap. It can't be better -> it's the same (developed by uniswap!) - speed and fees are only because of speed and fees of VELAS blockchain - not because of any heroic deeds of WAG Maybe you are the one who should spend more time to understand "how" a lot of things in crypto industry work.
Correct your knowledge, it's better than uniswap, learn blockchains fundamental first then do illogical argument. If you don't like the project then Sell your wag and don't talk shit about the project, specially when you are novice.
lol... ok. show me the optimized parts of code of the fork (it's open-source) and where it is better. I'm willing to learn. And don't be shy, i know how to read code. Or maybe you can tell the people something about the inflation rate of WAG? What is it and how many tokens are minted all over the time?
The speed and fees of velas is definitely an advantage that WAG has over PCS and uniswap, you’re right the chain makes a difference, but that is still significant, It seems the team has acknowledged that the inflationary emissions were not sustainable, that it is changing. I actually have been happier with 11% APY instead of things over the hundreds, and they do need projects to build on Velas, so it’s not just up to them to control their success. They are being patient and building as best they can
I do agree that calculator should’ve gotten looked into, and of course rewards should be paid out that are owed. It seems they are dealing with that on a one on one basis, so you have to DM chef heston to get it started or chef seiji
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