I’ve seen some poor takes about the @kingdomdotone and past projects, so here’s a little education:

1) building a ve33 dex on a new chain is a bet on future consistency of liquidity flows. It’s hard, and also kind of a gamble. Especially in an environment like ours where we’ve been starved for consistent liquidity across the entire eco since late 2021.
Now let’s dive in:
Cleopatra on Mantle
Etherex on Linea
Shadow on Sonic
Nuri on Scroll
Pharaoh on Avalanche
Ramses on Arbitrum
(Am I missing any others?)
What do the first four have in common (and Arbitrum, not including HL, ofc)
Answer: the chains are pretty much fucking dead.
By contrast - Avalanche is staying afloat, and Pharaoh is doing quite well there, despite Trader Joe being a massive incumbent and Blackhole being hailed as the best thing ever (…it’s not.)
So, what have we learned so far?
-it’s easy to blame the devs but if the chain dries up, the exchange doesn’t have much to do. 🤷🏻‍♂️
-good tech doesn’t guarantee meaningful, sustained volume and an ecosystem to a chain.
Argue about $RAM vs $NEST all you want kiddos, but to point to other Kingdom products on defunct chains as a talking point is dumb.
🥂