theswanwar

  • Jul 4, 2023
  • Joined Apr 27, 2021
  • I agree why go to the bottom, we should go at the middle first and check for the lower possible %? We want to attract more investors at some points for bond revenue no?

    • cocreate i actually consider it the opposite: evidence of the strength of POL and not a concession of weaknesses. think of it like borrowing: when you have few assets, you want to avoid taking on debt since you may become trapped by high interest; when you have many assets, you want to take on debt since you can access it at low interest, and it allows you to do things you otherwise may not have been able to. it all comes down to cost and marginal benefit. any third-party liquidity is additive, and we don't need to pay for it since we do not need it. if others want to create new pairs and generate new activity where the protocol would not, that seems worthwhile to facilitate (even if not encourage/incentivize).