Proposal: We do not need more than one DEX! Move all liquidity to Uniswap v3

Hopr is ETH token. If you want native small comission - you must fully migrate token to another blockchain (recreate contract) or wait for ETH 2.0. Bridges to another blockchains and wrappers - is not good solution.

Yes, but the bridges are working.
I hope that HOPR will remain as the main token on the ETH network.
It feels like ETH 2.0 is coming soon, probably because i have been waiting for 5 years. Hoprnet will hopefully run on ETH 2.0.

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Yes. I hope too. But no one in real life use bridges to sell or buy ERC-20 tokens in other blockchais - it’s too expensive. So we don’t need DEXs in other networks.

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ne not the most practical exchanger only to the detriment. Yes, there are no rapid price movements, but because of high fees, many small investors do not participate in purchases. Short-term deals are not profitable either. Farming and the number of tools for token holders are very limited. 3-4 exchangers would be the perfect number with current liquidity, and then you need to encourage the community not to sell, but to buy from the market and block hopr in all sorts of steaking farms. To do this, you need more coverage of the audience and tools

We already have 3-4 exchanges - HOPR price today, HOPR live marketcap, chart, and info | CoinMarketCap. Small investors can buy at Spot exchanges with small commission. We do not need to change anything.

You’re talking about CEXs - so there are an “ideological” privacy issues for small investors here.

If we partially switch to bsc 20 Then I will not transfer my tokens from Erc20 to Bsc20 because I do not want to sell my tokens, because this is my long-term investment.

But I will gladly buy more if my transaction costs are a few dollars, and i will definitely add fluency if it doesn’t cost me 200-400$.

I thinks it’s far-fetched argument. Maybe only for small % of small investors. Why? We have already runned xDAI Honeyswap exchange - how many small investors buy there? Practically nobody. And 100% small investors will don’t buy in others networks with bridge comission fee (>100$).
There are only two solutions for small investors - need totaly migrate HOPR token (recreate contract) to another blockchain or waiting ETH 2.0.

Uniswap exchange commission average price is 30-40$. Only sometimes the price is higher. If you want to buy token with small comission - use existed spot or Honeyswap exchange. You must understand - we have only ~6k token holders - it is too small, to support multi network infrastructure. To 100% fix commission problem, we need totaly migration to another blockchain (token recreation with new contract) or just wait for eth 2.0.

Maybe, you can show me a good example of other small ERC-20 token with oficial multichain support for trading?

so i think only one solution is there to get listed any CEX there are so many other exchanges also hotbit bitfinex bittrex not wating for binance so sell token and paid fees get listed this is the only solution i see or make there own dex actully i do not see any solution i see only that so many small investers are getting cheated by polonic gate hoo exchages that all

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yes this may be one solition but to run node we need xdai so what to do at that time

We must wait official guideline for node. Maybe it will be another blockchain - not xDai. xDai was temporary solution (due high ETH commissions).

yes this is best we can do propose later after getting clear guideline from team

There is very low liquidity on honeyswap.
I don’t see any problems even as an experiment to transfer part of the liquidity to Bsc20(pancekswap, binance dex). It may be that liquidity will increase significantly. Increase token recognition.
Look at Busd, it is being used more and more. The market share of Usdt (tether) is falling. Hopr’s presence in more markets will provide more opportunities, including for price.

We can transfer DAO tokens to BSC. And then? How many tokens holder transfer their tokens to BSC with this bridge commission? For what? 10? 20? Without token holders support it will be “zombi” pool for whales manipulations.

And I still waiting for good example of other small ERC-20 token with oficial multichain support for trading. I think there are none. Because it is not real solution.

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Thanks. That’s clearer, but you still need to specify how the liquidity would be added to Uni v3. You need to set a fee tier, and a price range (or this can be left unlimited). More information can be found here: Uni V3 Validity requirements

I added to main message:

(fee tier: 0.30%, price range: unlimited).

Is it ok?

I kind of agree that we do not need a lot of new DEXes. But on the other hand, why do we need such huge liquidity on the Uniswap v3 if it is way more efficient than the v2? I think we can use it more wisely than just freeze it in the pool.

Thanks! This is now a valid proposal. I’ve added it to the official list here: PROPOSAL #3: We do not need more than one DEX! Move all liquidity to Uniswap v3

Anyone who’d like to support this proposal, please sign it by using the like (heart) function under the top post in that linked thread.

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Suggesting to buy on for cheap fee is kinda strange, no? Team is probably working on providing HOPR to big exchange, but…… ?
Also, this vote is about DEX! There are lots of activities on side DEX as well, for small investors! Buying $100 of HOPR on Uniswap is suicidal! It seems, according to Sebastian, 20%+ of current liquidity on Uni v3 could be enough for whales to play without ruining the token value.
That being said, maybe long term it’s better to stay on Uni v3 and Honey only, I agree…