I think the question for this is when will they deploy. It appears to me rather than a wait and see approach we can breakdown these liquidity proposals as a spread investment strategy. The proposals together represent a nice degree of different risk profiles and I think are appropriately divided by amount according to said risk. Uniswap on gnosis serves as a future investment that when it happens this amount puts it in the higher pie piece of liquidity provided which I think is appropriate for a less risky suggestion (such as swapr).
Any proposal that discusses moving liquidity to Gnosis should bare more weight.
As HOPR seems to have settled in nicely on the gnosis chain it would make sense for there to be more liquidity.
The current relationship with SWPR is a fantastic way for both businesses to leverage each other and SWPR seems to have a bit they can offer.
As the previous incentives with SWPR were to attract investors that didn’t wish to “lock-up” their tokens, a new incentive should be made to attract a diverse spectrum of investors.
I fully support this proposal. Here’s why:
Investors favor Gnosis Chain for the lower tx costs. It would certainly be benefitial to port decent HOPR liquidity from Eth mainnet to Gnosis Chain.
Deeper token liquidity is necessary for improved UX, allowing for trades with lower price impact.
Swapr.eth.limo would be the ideal home for said HOPR liquidity. In the upcoming release, Swapr is integrating CowSwap.exchange into its eco-router, so traders won’t have to leave the Swapr UI and will safely swap without getting frontrun or experience sandwich attacks. Both CowSwap and 1inch tap into Swapr’s liqudity pools already!
HOPRnet and DXdao are closely aligned in their ideology and dev effort.
The Swapr frontend is truly decentralized. DXdao collectively and trustlessly owns the .eth domain, using on-chain governance to point it to the verified IPFS content hash of the dApp.
Swapr is also privacy-preserving and does not collect or track personal data or behavior with cookies to share with any third parties.
Swapr has an ambitious roadmap, and it’s actively developed by well-funded passionate devs from the community contributing full time.
Here’s a nice community-made infomercial: streamable com / 55i9uj
Well said. Same feeling same experience, this proposal is all I need. Add liquidity to the existing HOPR/xDAI pool instead of creating new LP on new Dex.
From all the choices of Gnosis Chain I like this one the most, since I used Swapr before and I liked it. Also I prefer supporting a “smaller” player.
But I think a bigger amount would be better. As it was said before, Genosis Chain is the staking ground for h0pR therefore a lot more swaps can be expected, if there will be liquidity on this layer.
According to Swapr Sushiswapa, gnosis is used by more altcoins on the chain. They are trying to attract new projects to dex with awards. So I think swapr will contribute more to the speaker than sushiswap. They promise higher rewards. The management of the swap by dxdao provides support to add prestige and awareness. When I looked at the Swapr Twitter with a little research, I came across the posts about the gnosis chain. You can see this positively in terms of adding relevance to the gnosis chain. I think the awareness of Gnosis Chain is important for hopr. The Hopr community has adapted to the gnosis chain. It will benefit us if more people adapt to the gnosis chain as we are the biggest project in the gnosis chain. No matter how positive I look at this proposal, I can only appreciate the swapr’s hard work. It is known enough for now and it is not possible to say that it is a dex that is used too much. Since I think that Proposal 3 and Proposal 4 will contribute more to the speaker, I say no to this offer. Less liquidity should be added if it happens. Best Regards…
i like this suggestion, hopr-dai liquidity pool on Gnosis chain should be implemented on all dex, however should increase Hopr-dai liquidity value
liquidity should be at least $200,000
good proposal too, I would like to see more liquid on Swapr.
I find trading on Swapr very convenient and low cost by Gnosis Chain, But about the reward on Swapr I find it insignificant, I hope many people will know and use it widely and increase the amount Hopr transaction
I like the proposal but the total amount of pool is $100K
I don’t really like this idea, because even on a uniswap there is little liquidity in the Khopr pair. Scattering liquidity between small dexes will only lead to inconvenience and high price spreads. It will also be easy to manipulate the price of the token on small dex
we stake on gnosis chain, so it is good idea to put liquidty on gnosis chain, i support this,
it is good amount also you can make swapr liquidity again like carrot :)
Hi HOPR Friends!
Overall the DeFI Exch. decision is not an easy one.
I would, however, definitely eliminate ETH Pair from the list of possiblities. Although it offers a possible higher price development due to its popularity, its fees and structure would prevent our decentralized mixnet from reaching its full potential especially in the targeted use cases. Here a really short summary on why to exclude ETH from the decision process:
- The incredibly high ETF Fees are making real life transactions impracticable
- Even with the upgrade to Eth2 (Sharding) network fees will remain to high for daily usage
- We know that you guys run your DD on XDAI and you clearified in recent posts on why we should stick to that
This leaves us with the xDAI Pair (Gnosis Chain) on the three DeFi Exchanges, each with its own advantages and drawbacks:
@thewanderingeditor let me know whether I should post the respective content also in proposal 1 and 3.
- Rather small DEX
- Although they Roadmap looks promising, they still need to walk the talk
- HOPRs recent relationship with Swapr and their dxDAO & the additional
- rewards Different DeFI Exchange comparison show that Swapr offers best
- Ask price for HOPR Tokens Swapr follows a truly decentralized approach
- and has a suitable privacy-preserving mindset
- Has a troublesome history behind the scenes although DEX seems to be secure now
- Lower Trading volume than Uniswap
- Still high total liquidity locked in Defi SmartContracts Offers
- potential for higher returns
- Not yet fully commited to entering Gnosis Chain (even after April vote) = Red flag
- Most developer activity among all dApps in ETH Ecosystem and highest
- daily trading volume (even though PancakeSwap has more visitors)
- Compared to other DeFi Exch. transaction fees are rather low
- User-friendly design & acceptance of a wide range of crypto wallets
In the end, I personally think that it comes down to commitment and collaboration. Because HOPR knows and harmonizes well with the Swapr Team, I think we should pull in the same direction and make use of synergies and the similar mindset regarding privacy. Moreover, the 100K$ in liquidity seems appropriate given the current Stage of Swapr.
Good offer. I think the amount is optimal for not the most popular DEX. Our community has already become familiar with Swapr.
I agree, good proposal.
The Swapr Dex is so far so good recently. But I would like to see this pair on Uniswap that had a lot of users.
Post moved in its own topic: [Proposal 2] HOPR runs on Gnosis Chain - Swapr is more decentralized and OSS friendly
There was an update on rewards from Swapr: An update from Swapr