> liquidity incentivized by token reward is kind of already

Question

> liquidity incentivized by token reward is kind of already

proven that it's not sustainable solution. Are you guys working on anything better than dex 1.0?
We are not a fan of crazy liquidity mining programs, we weren't successful with it because KNC is a well-distributed token, high liquidity token. Can't compete with other newly minted token with huge of mount of hype (also uncertainties). We think of incentivizing traders instead because traders (mostly retails) will stick to the platform they are familiar and comfortable with while liquidity providers are not (of course this is subject to change) and would spend our energy to focus on fundamental problems, which is how to make a dex more efficient, instead of "innovative marketing campaigns"

#cryptocurrency #english #kybernetwork

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03.03.2022

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Aaa · Accepted Answer

Aaa

100% sounds like good approach! exciting time!

0

03.03.2022

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> liquidity incentivized by token reward is kind of already

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