1

Imagine Alice makes dapp-A, which has a .01% transaction fee. Now imagine the next day Bob forks dapp-A to create dapp-B and changes the transaction fee parameter to .005%. People will use dapp-B over A. Then Carl forks it to create dapp-C and so on.

How do you avoid this problem?

1 Answer 1

1

That's not how it works. You can fork UniswapV2 today and set the fees lower, but people won't magically switch to your version.

These things, along with many others, matter:

  • Reputation
  • Existing user base
  • Existing conditions (such as existing liquidity on the platform)
  • Habits

Being the first has a clear advantage, even if your platform is not perfect.

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service and acknowledge you have read our privacy policy.

Not the answer you're looking for? Browse other questions tagged or ask your own question.