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RE: Proposal for SBD Liquidity Provision and Market Making (MM) Bot Development for the STEEM Ecosystem
@roadofrich Hi, I have a same thought about this. Recently, I thought STEEM needs SBD LP pools for better liquidity. If the LP pools automatically distribute exchange fees, the liquidity will skyrocket.
I published this post. What do you think about it?
https://steemit.com/hive-103599/@happycapital/steem-needs-sbd-lp-pools-now-please-read-this-post
Furthermore, I uploaded this issue on X.
Feel free to read it.
https://x.com/Happycapital3/status/1880171428236149155?t=dycZ6wNHNMXpuQv7kocAjQ&s=19
When it comes to bridging STEEM and SBD to other blockchains, I think the most important thing is the 3rd party issue. I hope STEEM or Tron foundation will make the official TRC-20 STEEM and SBD 🙏
This is my 2nd post about the issue.
For the sake of scalability for STEEM token economy, STEEM needs LP pools on SunSwap based on Tron blockchain.
I personally do not prefer multichain.
I think it is more efficient to build a STEEM Layer 2 system like STEEM-ENGINE and build our own on-chain DEX.
https://steemit.com/proposal/@roadofrich/proposal-for-steem-ecosystem-developing-a-steem-sbd-liquidity-supply-and-market-making-mm-bot-part-2
If the TRON Foundation builds a bridge and supplies LP, it is definitely positive, but I think it is also necessary to build an internal exchange environment, which is a STEEM on-chain DEX.
From an outsider's perspective, the current STEEM ecosystem environment looks very poor.