great. Will drive even more arb volume against ERG on CEXes and push growth of Ergo
but eventually better to be not on Ergo when Liquidity is better on other chains. then ergo is justa ghost chain.
2.5M ERG is now on Cardano, but also, since first Rosen bridge launch we have less ERG on CEXes despite emission. Check ergo.watch So ERG is leaving CEXes actually, not Ergo on-chain ecosystem
Yeah, sure, but it’s also not users coming into our ecosystem. I see both sides. 2.5M on Cardano is good, but we need to get people on our ecosystem using our projects, or else we have more ergopad situations.
Yes, there is need for more projects and growing TVL on Ergo, but Cardano is not related to that. Also, citing Ergopad here is weird as Coinecta on Cardano shut down at the same time.
It is, they fund alot for us, We our projects are focusing on expanding to ADA, slowing Dev on Ergo.. OITs absolutely related.
Expansion started long before the bridge launch, so I do not see connection here. I think, in opposite, more ERG on Cardano would help to bring more interest and projects to Ergo.
Indeed more ergo tokens wrapped too
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