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RE: DEC Bridge to Binance Smart Chain (BSC) & Farming on Cub Defi!

in #splinterlands3 years ago

This seems really cool.
Seems like people would be more willing to use swap pools on a system that has 10 cent fees instead of $10 fees. Or on dswap with no fee. Both of these are better user experiences with fees and speed that the crappy eth experience.

So this begs the question is there a reason to stay on ethereum? I assume there are but is the tide turning? I'm ready to jump ship with my pool liquidity away from ethereum just say the word.

we could have tons of liquidity, price stability and then speed and low cost transactions.

It seems to me that beyond price stability of pools that these swaps help new users in the splinterlands experience. If they can get $50 of Dec swapping from different tokens much easier and without a $10 fee maybe that will be helpful to onboarding.

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Yea, obviously the Uniswap pools are totally unusable right now, but I don't think we are just going to get rid of them. Now that we have the diesel pool set up on Hive Engine and will soon have the BSC pool, I think that will give players sufficient methods for buying and selling DEC without the crazy Ethereum fees.

Whether or not you stay in the Uniswap pool with your liquidity is up to you. We have no plans to remove the rewards there, but the returns may be higher in the new BSC pool depending on how much liquidity goes there and how much (if any) leaves the Uniswap pools.

Are you keeping it in ethereum because of a commitment made to liquidity providers there?

What if most all of us liquidity providers were also happy to leave? Not sure how you determine that but if there was a way...?

Thanks for this valuable reply.

Posted Using LeoFinance Beta

Eth is ded, and when theta goes live on April 21st, they will be even better/cheaper/more decentralized than bsc.
The contracts are supposed to copy/paste to their chain from eth.

Well I don't have too much of a horse In the race but just happy to be done with eth. Haha

But there are lots out there trying to eat eths lunch that's for sure and BSC is proving they are very vulnerable

Not many of them doing decentralized content delivery monetized on a blockchain.
(I got in cheap, and am very happy.)