This large decision really illustrates the need for the governance token which is coming soon. If we were voting on this today, I would vote against a new pool at this time. In order to change my vote, I would need to run a cost-benefit analysis.
I am currently unaware of the costs of starting a RUNE/WLEO pool. I assume there would be some reward incentives for liquidity providers, but where would these rewards come from? Would rewards from the current pool be shared with the new pool? Or would rewards come from the curation rewards? Wherever these rewards come from, they come at a cost.
The WLEO/ETH pool has been extremely beneficial to the community. This pool was necessary to solve the lack of liquidity on Hive Engine. Now we have over $1,000,000 of liquidity. It amazes me how much WLEO can be traded with minimal slippage. I do fear our current pool would shrink a little to fund the new pool.
I do not think the benefits of a new pool would be anything near those of our first pool. I'm not convinced that another pool would get us full listings on CoinGecko and CoinMarketCap. I'm also not concerned about these full listings as I'm 100% confident we will see these when we are listed on more exchanges.
The biggest benefit of a WLEO/RUNE pool would be introducing some of the RUNE community to our wonderful community. I do not know much about the RUNE community so this will be difficult to evaluate, but any extra exposure is a good thing.
To answer your questions:
I don't see the size of a WLEO/RUNE getting anywhere near $1,000,000. My guess is it would start around 200K or so. Of course this all depends on what kind of incentives are offered.
I'm personally not on board at this moment. I don't find it necessary to start a new pool, while our first pool was absolutely necessary. Despite my opinions, it does sound like a decent portion of the community is on board.
I most likely would not be adding funds to this pool. I use the words most likely because proper incentives could bring me in. Providing liquidity was a foreign concept to me before the first WLEO/ETH pool was announced. The amazing incentives drew me in. I do like the concept of RUNE so I'm certainly not opposed to getting some and getting in the pool would be way to do this.
I'm only familiar with UNISWAP, but if we were starting a new pool I think it would make sense to start it on a different platform to expose our community to different users.
At this moment, I'm out. This could certainly change, as my FOMO for RUNE is real.
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