RE: New experiences, branching out - Balancer looks awesome.

avatar

You are viewing a single comment's thread:

Great read, now I'm interested in this one too. The only problem is that probably first we need to build liquidity on Uniswap (as the biggest platform) and currently we're in this circle where there's little trades because of low liquidity and we have low liquidity because there's little trades (so little fees).

We'll see where this is heading but I'll definitely try Balancer out in like week or two. Cheers, @tipu curate 3



0
0
0.000
4 comments
avatar

Its definitely a "chicken or the egg" situation. It's probably going to take for some Hive bigwigs like @theycallmedan to add some meaningful firepower to these pools.

Perhaps there is understandable caution until the hive - whive process becomes more decentralised.

0
0
0.000
avatar

I wouldn't say it's a "problem", if people like wHIVE and Balancer, it is still allowing more liquidity.

But from a purely "For the Good of The Hive!" perspective, yes, getting a stronger presence on uniswap, especially the wETH/wHIVE pair would help the most in the current meta. It is by far where the most trading would occur.

But the second most important is 1inch, and since that's just looking at all the other exchanges, Balancer liquidity can still be found.

0
0
0.000
avatar

Options will open up if the liquidity comes. i think some form of incentive will be needed for LP's beyond the pool fee income.

0
0
0.000