marketing would have a better effect in my eyes. most people are on exchanges to buy low, sell high. they arent on there to look at tokens and then go check out the game/projects of the tokens. How did we get all the new players when the last bull market happened. We got them through marketing and so far that has been the best avenue of signups.
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If the dozens of Millions of SPS per year we are allocating to Liquidity Providers isn't actually giving us liquidity, then maybe we should reallocate the SPS away from LP reward pools and make a better use of DAO resources. In that case, liquidity via exchanges could supplement the drop in liquidity via LP, while giving more visibility. I would be in favour of that. But as-is, this feels like it's ransacking the DAO for a benefit that is likely to be short-term and increase volatility.
Also the argument has been that the current low price of listing is a reason to act now. But if the public trust in these intermediaries is changing, listing prices might not spike the way it did last time? Also, if we pay for a listing at current SPS prices, and SPS price does increase 2x (or more), then how much DID we actually pay for that listing? The value of those tokens, which we are just giving away, goes up with it.