It's always fun to watch Maxi's go into melt-down when they see something moving away from their precious chain. Multi chain future is inevitable, and maxi's can't handle that.
It will be interesting to see if dYdX volume does hold up after it moves, or if it is a playground for Eth people that will find something else with high gas to play with.
One other side benefit is that I have seen they rely heavily on USDC as their stablecoin, and will be pushing for a native Cosmos eco-system version of it, rather than a bridged version. Native USDC in the IBC would be nice.
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Native USDC in IBC would be a huge game-changer, because it would enable a lot more USD cash to flow towards the Cosmos eco-system, as well as through THORChain. The possibilities just keep on multiplying it seems.
Posted Using LeoFinance Beta