XSteem proposal
View this post on Ecency: XSteem proposal
5 years ago in #steemdao by good-karma (76)
$58.14
- Past Payouts $58.14, 0.00 TRX
- - Author $31.37, 0.00 TRX
- - Curators $26.78, 0.00 TRX
Not sure if this is a priority. Who are we cattering to ? Daily users ? Traders ?
Will a shiny new trading tool bring in more users ?
I am sure none of my non-crypto friends will be excited to hear about this.
Think of it ways to trade your earnings, we hope to build foundation for future SMT tokens
I am sure that Steemit Inc will gave as a proper exchange at the time of the release of the Smart Media Tokens (SMTs). I upvoted this blog post with 100% (currently worth $0.009) as a minnow to support you, because you are a developer, the creator of eSteem (one of my favorite Steem blockchain interfaces/projects) and a Steem witness (it is a good thing that many other people are also upvoting you), but I am not sure whether I will approve this proposal or not. I agree with @waleedtee, and I think that the Steem blockchain developers should focus on other, more important things. Not necessarily on bringing in more users, but to bring back the old users, who left the blockchain. To improve the currently (very) bad user retention of the Steem blockchain. An open source exchange software will not do (neither of) that.
Bringing back the old users is bringing in more new users. User Retention is matter of proper balanced incentive. We will have SMTs in few month and without exchange or management of SMT tokens and bootstrapping community tokens, excitement SMT brings will be short lived. So we hope to elevate or help with creating thriving tokenization with exchange and management tools both for web and mobile users. Of course, it is your choice to approve or not, your vote matters regardless!
I approved the XSteem proposal.
Id like to hear some feedback from other devs regarding this before deciding to vote.
Decentralized exchanges are notorious for their poor volume. Weve seen others attempt to bring exchanges with STEEM main pairs to the community with little success. Why would this be different?
What benefit would this provide to STEEM to justify giving your team almost 1/2 of the total SPS daily funds?
It is not about building one DEX but building infrastructure to allow anyone to build one based on source code. When SMT is out, there won’t be direct listing of new tokens on centralized exchanges so users/traders will have a choice
Im pretty sure Steemit.inc said that they will be releasing a SMT market.
Maybe not at first but down the line definitely.
The question i always ask myself when considering supporting a project is:
"Is there a purpose to it? Will it provide value beyond what we have now?"
If steemit.inc creates a smt market there is no purpose to this.
Is there something we dont have that we could use and would add great value?
A Steem (Brave type) browser comes to mind.
Things like that...
Right now i dont see your request justifying the SBD you would need.
Posted using Partiko Android
You can of course ask Steemit Inc. and know for sure instead of
if. Brave type browser, seem like Surfer, no? Anyway, thanks for feedback and your opinion!I think Brave is very different than eSteem Surfer... Brave works like any browser but with "normal" ads disabled. The ads shown are supported by the browser and give the users special token when viewed.
A STEEM Brave-like browser will offer that functionality but with STEEM as a token.
At least in theory... What do you think?
Brave uses tipping economy and steem slightly different than that. But in theory it might work...
great, what kinds of trading pairs will you support in DEX?
Until SMT is out we will build foundation and have STEEM and SBD to trade and if we will have SMT testnet, we can even try testing other pairs
DEX? Did anyone said DEX ?
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I am always using esteemapp I love esteemapp I am very impressed good-karma sir my good bless for esteemapp team
👍
I am very thankful for you by response me
😍💰🎖
Super cool.... always good to see innovation like that
approved.
Thanks mate! 👍
Sorry that I am late yet ... supported!
nice to see things in its right way, carefully and steadily, we trust in you. good luck.👍