I think this is known, but I would still like to reiterate some things.
Sov trading is going phenomenally well. I believe we have a strong fire going, and it can be maintained with a few pieces of timely firewood.
Main thing here is listings, for a few reasons:
- more liquidity
- onboards more amateur users
- getting on some dexes will cause us to appear on coingecko or similar, which will drive exposure
I think this is already known, but I just want to reiterate it.
Getting on dexes first makes sense:
1 It is a fitting tribute to decentralization
2 first round of onboarders are crypto enough to setup RSK mainnet and use fastBTC ; second round of users will be crypto enough to trade from their wallet using a ‘regular’ dex.
This builds a core of strong handed holders, which will be a good brace for listing on centralized exchanges. The liquidity and exposure is high on centralized exchanges, but the quality of the hands is much lower, since that is where everyone and their degen grandma trades. Having already built a good community of holders will allow us to benefit from the new liquidity while mitigating the problems with more degenerate buyers.
Thanks for reading.