Imo, Taking a token from here, over there is just riding coat tails. If the only benefit is higher return for risky trading then that's not good for the system of Hive.
The reverse should be implemented. If you can wrap tokens from here over there why can't this system wrap external tokens/coins here? For example why couldn't someone park a bag of BTC here as some 'HiveHoneyPot' for 7 days, like a loan shark type of deal. With no automation allowed. Only human activity backed engagement.
A community then utilises it for that week for content, benefits greatly from the loan, generates returns for both community and 'loanshark'. Even if BTC drops during that period, they still get back what they put in plus the attained gain converted back. A win win. During a bear market such a thing would be attractive. Which would then make Hive attractive and likely build and attract content creators again and swing the system away from just blind "curators". Because really, if community engagement rises, that is essentially a Hive bull run.
I don't see how taking tokens out of here is going to make any investor say "ok I want to go to that Hive place and play that Hive basic blind voting rewards system where I need to commit to their ridiculously long holding period."
Anyway if it could be done I don't know but I do know that this wrapping thing is essentially just people saying "we're losing out on those DeFi gains" which is actually saying "this Hive thing isn't getting decent gains."
That's already a thing. SWAP.BTC, SWAP.ETH, SWAP.DOGE, etc are all trading on hive-engine. Of course, nobody uses them, which is the problem.
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Yeah because there's no good use ideas and marketing to generate hype. Even users here are calling out coders here for laziness. I don't see steem-engine (renamed to hive-engine) as robust enough either. That SMT was meant to happen long ago. It was too ambitious though because even now it's likely long way.. if at all. Coders get good nectar they don't give a shit.