Anyone have a SigUSD 10 month update? Looks like

NonKYC will list it and I think it would be a good benefit to the ecosystem to find it some pairs, still a bit out of the loop here though.

hardly any liquidity available, likely not worthwhile imo

On Spectrum it does look like it is maintaining a peg though, and if I need a stablecoin for a certain ergo application having a pair with another stablecoin would be good right?

Between tvl on spectrum and duckpools i think theres a bit less than 200k total circulating that isnt locked up

[@cafebedouin] And SigmaFi.

I have never understood "locked up" exactly, I have always felt like locked liquidity is a gimmick with a play only as long as it is "locked up". Someone help me see the light as to why locked liquidity is useful, please. IMHO it hurts any organization to have any funds "locked up", every venture is a gamble and becomes multi- faceted when all players of the venture are involved (investors included) I will say this: It is of my opinion through my experience with EXLE (and other stuff) that locking liquidity to attract investors is a bad approach to finding investors that care about your project, locked liquidity is only a promise that at launch- a Smol shark like investor can at least recoup

Its not locked up, but people are not likely to move it away from profitable yields

[@cafebedouin] Locked liquidity at least provides a guarantee that the project isn't going to just convert their tokens and rug. It serves the same purpose as a vesting NFT with a daily unlock serves for people investing in a project. It makes sure they stand and deliver before they get paid. The first version of Ergopad had everyone get an unlock at the same time of the month, and there were predictable massive monthly dumps. And, not to put too fine a point on it, you effectively disappeared for months and when asked about EXLE the other day you said it was doing "better than awesome". So, I checked the website. There's $4,000 in four loans. Less than $300 has been paid back. I didn't try using the site, but presumably the standard for better than awesome is the project got to a minimal viable product and had some use. And given your new talk about another project, I presume it has been abandoned. I mean the tokens never had any utility and were merely a governance token for a charitable purpose. So, maybe this is okay. I don't know. But, now that I see you complaining about liquidity lock-ups I think we need a better accounting of what happened here, and tell us the good part I seem to be missing. Also, I'm trying to be charitable here and I am not bringing up the part I played in what appears to my eyes now, as a debacle.

Thank you for your response cafe I think your first line: "Locked liquidity at least provides a guarantee that the project isn't going to just convert their tokens and rug." Can be construed as Gaslighting in some way cause tbh - I and 3 others hold some keys to some nicely loaded wallet's, the liquidity on Spectrum is not locked as of today, and in my position locking liquidity did nothing for anyone or the project, maybe a few investors that invested not in the project but in their portfolioutilized the lock to make an increase in their holding - yet overall I do not believe anyone can show me a benefit to locking funds up, besides funds the project creators will recieve. "And, not to put too fine a point on it" Lets talk about this, my personal life affected the project: I could hardly work with other contributors and one left cause I could not maintain focus and my position in social channels offended him, well I am quite a sensitive guy, several people around me passed away and the threat from my X-wife to remove my children from my life and take them to a life that they could potentially be exposed to violence and severe harm caused me to act irrational - which I admit - however - as soon as I recognized that I was not 100% I stepped out and there was no objection to it, from anyone, when I return to the scene I find EXLE in great shape, the seed planted is growing and people are benefiting from it - what is wrong with what I said? EXLE has changed lives, the idea that P2P loans can work has taken root. "I presume it has been abandoned." I don't fault you for your assumption, so many developers in our crypto space do leave never to return, I have spent an insane amount of time on EXLE that I cannot even make an account of, it is very near and dear to my heart, however... I do not believe (based on my experience with it) that it can provide a salary for me to continue supporting my 5 children and maintain a lifestyle where I can go out once a week and pay for a dinner, remember - EXLE is a Governance token, soo I could always be removed from the Exle equation completly if holders wish, my next project has also been a dream of mine for years now, I first brought the idea up on the Cardano forum - I will go find it and respond to this with a link. "But, now that I see you complaining about liquidity lock-ups I think we need a better accounting of what happened here, and tell us the good part I seem to be missing." I am not sure I follow you here, Yet, Exle had a lock up period for Liquidity (that has not been touched to date, however are now unlocked) and those funds were never considered as project funds to be utilized for growth or development, looking back the promise to lo lock those funds was to give assurance to investors the project was going to stick around - well those investors came with their investment and took advantage of the locked liquidity and dumped the EXLE they received during the IDO as it came available, providing exit liquidity is the only thing Exle did by providing a locked liquidity - it was a stupid move imo.

Thank you for your response cafe, I think your first line: "Locked liquidity at least provides a guarantee that the project isn't going to just convert their tokens and rug." Can be construed as Gaslighting in some way cause tbh - I and 3 others hold some keys to some nicely loaded wallet's, the liquidity on Spectrum is not locked as of today, and in my position locking liquidity did nothing for the project, maybe a few investors that invested not in the project but in their portfolio utilized the lock to make an increase in their holding - yet overall I do not believe anyone can show me a benefit to locking funds up, besides funds the project creators will receive. "And, not to put too fine a point on it" Lets talk about this, my personal life affected the project: I could hardly work with other contributors and one left cause I could not maintain focus and my position in social channels offended him, well I am quite a sensitive guy, several people around me passed away and the threat from my X-wife to remove my children from my life and take them to a life that they could potentially be exposed to violence and severe harm caused me to act irrational - which I admit - however - as soon as I recognized that I was not 100% on top of my game I stepped out and there was no objection to it, from anyone, when I return to the scene I find EXLE in great shape, the seed planted is growing and people are benefiting from it - what is wrong with what I said? EXLE has changed lives, the idea that P2P loans can work has taken root. "I presume it has been abandoned." I don't fault you for your assumption, so many developers in our crypto space do leave never to return, I have spent an insane amount of time on EXLE that I cannot even make an account of, it is very near and dear to my heart, however... I do not believe (based on my experience with it) that it can provide a salary for me to continue supporting my 5 children and maintain a lifestyle where I can go out once a week and pay for a dinner, remember - EXLE is a Governance token, soo I could always be removed from the Exle equation completely if holders wish, my next project has also been a dream of mine for years now, I first brought the idea up on the Cardano forum - I will go find it and respond to this with a link. "But, now that I see you complaining about liquidity lock-ups I think we need a better accounting of what happened here, and tell us the good part I seem to be missing." I am not sure I follow you here, Yet, Exle had a lock up period for Liquidity (that has not been touched to date, however are now unlocked) and those funds were never considered as project funds to be utilized for growth or development, looking back the promise to lo lock those funds was to give assurance to investors the project was going to stick around - well those investors came with their investment and took advantage of the locked liquidity and dumped the EXLE they received during the IDO as it came available, providing exit liquidity is the only thing Exle did by providing a locked liquidity - it was a stupid move imo. "I mean the tokens never had any utility and were merely a governance token for a charitable purpose." Leading up to the launch of Exle I asked the community to come out and support it,and yes it was done with charity in mind, the token was always meant to be utilized on Paideia for governance of Exle development and funds, it still is - and Exle has the ability to wait for Paideia to be realized, then the utility will be seen.

"But, now that I see you complaining about liquidity lock-ups I think we need a better accounting of what happened here, and tell us the good part I seem to be missing." Again I don't seem to follow, there is no good part here except if it could all be done over again I would push to not provide exit liquidity for weak hands by utilizing a liquidity locker, Exle had huge community support and the devs were committed to to build out what they did - the purpose of the IDO was to turn the platform over to the community that supported the idea and wanted to see it realized - attracting the investors that value locked liquidity was a horrible design, imo, the token movement on spectrum cast's a shadow on the potential of the project. Like I said: "there is no good part here", just lessons learned. "Also, I'm trying to be charitable here and I am not bringing up the part I played in what appears to my eyes now, as a debacle." I will own this, it is quite a debacle, and for the most part is my fault as project lead that things were not managed better, the developers did deliver the product as promised and time will tell if it the platform gets used or not. "So, I checked the website" Ya so the website does not retain info when new updates are made, in the future maybe it will - but I really do not know what info has been lost nor can I give you numbers for loans made or repaid, however I did have opportunity to sit in a meeting with the team in Kenya and others and it sounds like growth is still promising and loans are being made and are being repaid - maybe not on the platform but P2P - I dunno, but Exle is meant to inspire P2P and is just a platform to be used for those that want to create records on the chain.