Just to play devil’s advocate … Does an AMM put the chain at risk for a hostile takeover if someone can buy up a bunch of Hive without moving the price? Currently, someone trying to buy a large stake would skyrocket the price, which would simultaneously make it harder to keep buying and benefit current Hive holders. Or am I missing something?
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That's not really a good enough reason to justify having bad liquidity on purpose.
If someone wants to money attack the chain they can money attack the chain no matter what.
It would just take them a little longer to do it while setting up buy walls over time.
There's already over 100M Hive on exchanges and only 140M powered up so... this will always be an attack vector no matter how much liquidity we have.
True. I think it sounds like a good idea. I hope the topic gets picked up for discussion by the devs.