when start voting?
I recommend 10:1 is goooooooooooooooood!
10:1 will win based on this discussion. lfg.
What would be the pros and cons on this based on your experience?
What value would that bring to the community?
With a minimal face-to-face merger, the gap between the BTC market and the USDT market will be reduced. In light of the current market, the token swap should be voted on quickly.
Is it beneficial to rush the token swap based on market conditions? How? Why? Are there advantages and disadvantages to doing it? Are there any cases to follow-up on?
If there are many decimal units, it becomes a problem for the bid price.
Market liquidity decreases, trading becomes difficult, and decimal errors due to human error may occur. Also, the purchasing power of the btc/usdt market decreases.
Are there any examples to research?
for example PUNDIX XEC REI etcâŚ
FOMO is a good enough reason for a token swap. Even at 1:2. This is enough to on-board non HiFi-ers and generate interest, as well as exposure to the HiFi protocol.
Any publicity is good publicity, and token swaps are reknowned for generating interest.
For the record, a 1:1000 swap seems like a good bet for me. I believe bringing total supply to the 10âs of millions is a sufficient and balanced amount. Many of the high volume tokens/assets have circulating supplies in this range. And letâs be honest, HiFi (MFT) needs to increase trading volumes significantly.
Stay cool.
Skyvault.
any update? for token swap? 3rd Quater is already started!
There are two ways to get the latest news: Twitter and Discord. This forum is intended to discuss all the protocol proposals.
Is there a set ratio for swap? No one is commentingâŚ
No yet. The discussion headed to 10:1 or 100:1 but nothing official has been announced. What are your thoughts about the token ratio for the token swap and why?
I suggest 1000:1. The higher the price, the more people will pay attention to and discuss it
Any other reasons for your suggestion?
Donât listen to people for reasons and donât share what the team thinks?
Isnât it embarrassing to ask the same question every day?
Are you not sharing the information the team has gathered so far?
This is a really bad way to go.
@k98882 Please be kind. there is a Roadmap. The team does readily respond on the discord. This space here is more for developing ideas and solutions and debating active topics; the way that you are looking at something is a centralized viewpoint or architecture. We are taking on more of a decentralized community approach, where things are done incrementally and by consensus. so, please all things not being perfect. There are human beings on the other side of your words; we are all working collaboratively to create something amazing and I understand if itâs not moving at the speed that you want it to. Though ultimately I think we all want a successful project; love that youâre asking questions. maybe discord is more appropriate place for us to continue this dialogue?
1000 MFT for 1 HiFi. is what I would like to see
How is the swap ratio determined and progressed?
a lot of interest hi-finance