I made this proposal, because liquidity is one of the most important thing in crypto and it’s needed to have great succes! The idea would be that we could use some of the XIO from the XSI wallet until the founders wallet wilp have enough FLASH to start a liquidity reward program for FLASH. We have to encurage somehow people to add liquidity, because with a low liquidity now it’s people won’t buy a lot of flash because the price impact would be too huge! Originally XIO was planned to used as the token for flashstake XIO gained a great ammount of liquidity thanks to the XLP, but Flash only has around 100k liquidity and because of that it’s really volatile. It’s not really the same if Flash only has the 1/40 liquidity compared to XIO.
My second idea/proposal would be that we can make the FLASH/WETH pool back and forward so you would be able to also swap Flash for WETH and move the liquidity there from uniswap so we would have everything in one place and liquidity providers also would benefit the great fees from the protocol instead of the small fee of uniswap. Why would we need Uniswap if we could do everything in the dapp and I think not sure on this, but probably could also resolve the problem and missunderstandings caused by the price difference between the dapp and uniswap.
So do you think this would be a great idea to make a great liquidity for flash and make it less volatile?
What would your idea be to make a great liquidity for flash?