Why is LEO able to create and hold liquidity pools on Uniswap, while HIVE has no liquidity & volume. Any idea on how we can change/improve that?
This is easy - LEO has liquidity and volume on Uniswap because they use a portion of their inflation to incentivize people. Hive can and probably should do that too, and it's pretty easy as well. We could just create a DHF proposal that would give a certain amount of funds to anyone who provides liquidity to the wHIVE-ETH pool on Uniswap. It could be done in a somewhat decentralized way too with some development effort put into it.
This is the type of thing that I think would be a perfect use for DHF funds - incentive for people to lock up HIVE and provide liquidity on Uniswap.
After decentralized WHIVE is finished, I will create a proposal for this.
Awesome, I will heavily support something like that!
Awesome :)
Should be done for hive too. very good idea
Thanks for the write-up. Yes, I'm aware of the LPs incentives, I just meant what I wrote more in a generalised/dramatic way. I agree with your idea of utilizing the DHF for that though!