Unless you have been living under a rock you have noticed that hive is building bridges instead of competing
The most obvious example is the great work LEO and Dash have been doing together
Now here is the part where it might sound like I am living under a rock
I used to be up to date with everything hive
But keeping up with the drama and tech here isn’t going to pay the bills and hive isn’t exactly designed to pump so obviously my attention is often occupied with work
So pardon me if I sound like a noob but …
We all have heard of wrapped tokens
We should incentivize people bridging tokens onto the chain and using it
For one, why not have on chain trading fast and free right here on hive
Wrapped bitcoin
Wrapped ethereum
Wrapped dai
Wrapped USDC
Wrapped usdt
Wrapped dash
Wrapped whatever coin…
Incentivize liquidity bonding here, with us. Give them some of the hive inflation, give the most inflation to hive pairs
Hive/bitcoin
Hive/ethereum
Hive/stable coin
Hbd/stable coin
Hbd/bitcoin
Hbd/ethereum
And sooooo much more
Imagine trading hbd with other stables…
Imagine all the volume with all the people trying to arbitrage
Put a tiny fee so market making bots don’t make all the profit.
Use that fee to buy hive and power it up in an account that can never power down
You might ask why, why waste that hive
The unit of hive isn’t actually as important as the price at this stage
We can always figure out RC credits and such, so “pricing out new users” with expensive Hive is a pretty sad argument
Diverting some of that content and curating rewards towards a mechanism that rewards pumping hive’s price will be a net positive for everyone
The fact this hasn’t happened yet is either because the tech doesn’t allow it, or no one “nerdy” enough has actually sat down and built it…