Agree, but providing stk/stk would be something unique and people

Question

Agree, but providing stk/stk would be something unique and people

can start trading there tokens without unstaking them. I thought that is one of the main points. And what are the drawbacks? I am pretty sure these pools will get traction even without external incentives

#cryptocurrency #english #persistence

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11.05.2024

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Martin Knox Автор вопроса

Mikhil Pandey
Yes we can try this - I am not saying this won’t w...

100% dont incentivice them, just give it a try. I mean you highly incentivice the XPRT/ATOM pool. I am pretty sure people would prefer a sktXPRT/stkATOM pool with extra yield and basically the same funtion

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21 день назад

Martin Knox Автор вопроса

Martin Knox
100% dont incentivice them, just give it a try. I ...

And if it works out as I think it will, then you can fade out your incentives on the XPRT/ATOM pool and get healthy ecosystem without incentives

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21 день назад

Mikhil Pandey

Martin Knox
And if it works out as I think it will, then you c...

I hear you. This definitely makes sense If you have an stkXPRT/stkATOM pool, you are bound by the liquidity that exists for stkATOM and stkXPRT (so stkATOM/ATOM and stkXPRT/XPRT liquidity is still what matters a lot). I think we need to make sure XPRT itself is liquid enough. Then having liquidity for stkXPRT would be a lot more meaningful and beneficial If you really advocate for a stkXPRT/stkATOM pool - we could potentially create a new pool and see how it does without any incentives

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21 день назад

Mikhil Pandey · Accepted Answer

Mikhil Pandey

Yes we can try this - I am not saying this won’t work. I am just saying if we have a finite amount of resources (incentive tokens), we should spend them more judiciously and work on building liquidity for the right assets

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21 день назад

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Agree, but providing stk/stk would be something unique and people

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