For those who bought at the price of 5c/token, most likely, the commission does not matter, people just do not want to sell.
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In any case, from what I understand, your reasoning goes as follows: charge people a lot so that they canât sell.
But you also charge them when they buy, so people wonât buy too.
Look at all the DeFi tokens that you can stake and have unlimited supply, and that you can buy on cheap DEX. People could have just dump them right? Well maybe they did but the marketing + people buying the dip + passive income made them actually moon.
Hopr is dumping now because no marketing+no way to buy cheap liquidity+no usage of token yet.
Increase usage, marketing and availability, you increase value.
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The ones who wants to buy can do it on gate/mxc which is almost free.
I got my point absolutely right. We should make some barriers for ones who want to sell. That bridge has prevented immediate dump after token release or at least stretched it over time.
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Well it still does. Of course we canât prohibit them from selling their tokens but we should make this selling wave more stretched out over time
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I couldnât have put it any better. I think your proposal is practical. I especially agree with the inclusion of PancakeSwap that will get us the Binance Smart chance but why not reduce the allocation for PancakeSwap so we can get on 1inch too ? What do you think? I think it would be a good idea to get on another big DEX on the Ethereum network.
Hi, great that you like the proposal.
Like it here so it goes to next stage:
1inch is cool! They also have a BSC DEX. I do not have strong opinion for the number of dex/chain, the liquidity pair provided or the %.
I mainly think HOPR should be on at least one DEX on Mainnet, one of xDAI and one on BSC.
Personally I am good to make compromise and follow what people will pre-agree upon here:
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Ah, I see you are right! I hadnât noticed it before, but now I see DAI everywhere on BSC!
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how can anyone vote for this? how do you imagine a pair to BNB or ETH ? will the team need to exchange Dai for BNB or ETH ? At what rate and for what purpose? Now at least one of the components of the Hopr/Dai pair is a stable coin. What will happen to the hopr rate on such a fall as now if there is not a lot of liquidity to a stable coin? do you think people will sell hopr for the same ETH falling into hell ? and if you need a constant conversion rate, what is the benefit of such pairs? I am against even discussing such proposals.
Your message shows lots of misunderstanding as to what providing liquidity means, and also on impermanent loss.
Iâll try to clear them.
1/ whatever the pair you choose, anyone will be able to swap any token to HOPR. Right now, you can already swap ETH to HOPR on Uniswap even though liquidity has been added in DAI/HOPR pair. Thatâs because when you swap ETH the Uniswap âRouterâ routes it from ETH->DAI and then from DAI to HOPR. It is transparent for end users. The only important thing is to provide HOPR with a pair that is already very used (âliquidâ) in the DEX. Both ETH and DAI are very liquid on Uniswap, so both are ok. Similarly BNB is very liquid on Pancakeswap (much more than DAI) so itâs fine.
2/ impermanent loss. You want USD value of both coins to move together and not diverge from each other, so you donât loose in USD value from what youâd have earnt if you just HODLed the coins. Itâs a complex topic, take the time to read about it.
I believe BNB/HOPR and ETH/HOPR will be more correlated than HOPR/DAI in the long term.
3/ itâs actually better for HOPR Association to buy Eth/Bnb with their DAI now as the market has plunged (of course it can plunge even more - but it is for long term anywayâŚ)
are you sure you read what I wrote ? donât try to show how smart you are by talking about basic things that everyone knows. I will once again explain my position to you. we now have two assets-hopr and dai. all your pools with eth and bnb mean replacing dai with these assets, which is a purchase. and most importantly, why do all this? do you buy assets yourself with eth and bnb, or do you buy them with stable coins? in the end, most people want to earn and buy something, and they do it for USD. so why do you want to exchange dai for eth or bnb? so that then people once again pay an extra commission for the reverse transfer to stable coins? this is your suggestion and your opinion, but I fundamentally disagree with it and I hope now you understand why.
Sorry I donât understand, to me your messages are not clear at all. Could you elaborate?
I donât try to âbe smartâ, stop personal attack please. Maybe I misunderstood your message, but my intention were not personal against you, I genuinely thought you had some misunderstandings that I tried to address, even after you said âI am against even discussing such proposalâ.
I donât have strong opinions, itâs just a DAO proposal anyway.
No need to be so offensive, take the chill pill.
If you donât like the proposal, just pass, itâs all fine.
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