json
From investor perspective, my concern from this is the fragmentation of liquidity. Olympus' primary liquidity pool is supposedly OHM-DAI on Sushiswap. My recent experience is that even that liquidity sucks. Price impact from even pretty small swaps is too big. Was liquidity shifted elsewhere?
From protocol perspective, I assume its a balancing act of collecting revenue (seek non-crowded opportunities) versus providing liquidity (crowded position by nature). Also I assume that if liquidity fees (from swaps) is important, then having various smaller pools create price divergences, and this increases arb activity and thus fees to protocol (assuming protocol is dominant LP).
So, I dont care really what L1 platform is used (as long as its solid like Curve). I just wish I could find thick liquidity SOMEWHERE. And having liquidity spread out across multiple pairs/pools/platforms/networks is working against my wish.