Injective is not as large as Osmosis, for it’s easier to acquire liquidity (and therefore traders) when that liquidity doesn’t need active management (AMM vs OB dex)
And do you think there is solution for this??
Well the first step was establishing a secure chain where active management is efficient and safely possible, which we’ve done. Now it’s creating dApps for users and onboarding more serious MMs for liquidity. Team should take care of that 😎
Hope you are right. It is hard to see time going by and it seems that nothing changes
Tomorrow we will have a major chain upgrade which will bring Cosmwasm to Injective chain as well. This means that developers will be able to develop smart contracts and several different dapps on Injective. Some former Terra dapps already announced that they are building on Injective. I know the price doesnt look good, but things are changing, improving behind the scenes.
In bear markets development is more important than price action. We’ll have a solid foundation for when the fed starts printing again and people look for opportunities & exchanges to trade on!
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