In general is cool but 1 thing.
You like magi, you like pools, you like the dapp. Why the team is not adding into pools? If you think pools are profitable for users, the easiest way to show is to add funds yourself ( not 50$).
I am not asking for millions, but the butcher doesnt eat own meat is not the most trustful right? Just general spoken.
Users need a reason to add to pools to earn something sustainable with fees + Other APY. Like liquid hive staking ( have a token on magi that is baked by staked hive and is tradeable).
Some " on top" builds of HBD savings ( like add some of it on pool APR) and so on. As long you earn less as staking Hive or HBD i dont see a reason someone goes big into.
Majority of the liquidity in the pools is currently provided by the team. Team members run nodes and infra as well and have bonded their own Hive there. We recently launched a team node that will bond more Hive. Currently 20% or the Hive/HBD pool and 28% of the BTC/HBD pool is seeded by my account alone.
Once the pendulum is active, I will personally be moving all my Hive to Magi to secure the system. Not only because of "butcher needs to eat its own meat" but because we intend to make validator bonding the highest APR generator Hive has.
well, show it somewhere ( data and curves). That could help attract people. It must be super easy to see. If data is right with 20% and 28%, push it more ( or at least show it somewhere).
At the end people want to earn.
I mean no one brought it up, but if thats a concern of yours, its easy to show. Great you asked.
Theres just so much we are building and delivering Ive had people tell me its too much, to break it down, which we will try to do but its always great to have people ask, that tells us what they are interested in and its easy to cover their specific needs. Even this post is so much info presented and it still lacks a number of the features, some you mentioned yourself in the comment.
Thanks cool! Fees earned are not bad tbh. I would not expected that.
And i think the Key is push beyond the defi app. To leverage, it needs more ( defi is a good foundation to build on, but there must be a way to list " shitcoins" by contract ID or whatever.) So other people can come up with ideas and build finance tool on their own.
The team doesnt need to build all, but needs to make it attractive enough to take the risk to build on it.