Continuing the discussion from [xEIP] Revision to MEX tokenomics for xMEX/MEX Conversion:
The whole tokonomics of mex is a shamble. Non of the first investors who locked their mex tokens are at 99% loss. They should burn this trillions of supply and come up with better tokonomics and also keep in mind their seed investors who didn’t sell a dime throughout this whole bear market.
Hello,
I don’t agree because worst part is over for Mex !
Changing it right now will take time and ressources wich we don’t really have to be competitive through the bullrun and bring in more liquidity !
The team is currently doing liquidity incentives and redirecting part of the missused Mex emissions and that’s a good move.
Now they need to solve the root problems more toroughly next to make xExchange more appealing to investors and traders :
_Bring trading competitions (through xExchange strategic fund)
_Bring new/existing big projects (through xExchange strategic fund)
_Allow voting for emission farms with xMex
_Allow bribing for farms and redirect the bribes to xMex holders
_Increase liquidity efficiency (with concentrated liquidity, volatility based fees, rebalancing threshold,+ …) to boost APR for pools, lower impermanent loss and bring more profitability for liquidity providers because for now let’s be honest it’s hard to be more profitable in a bullrun being a liquidity provider than a staker/lender/+ …
_Allow more composability through Hatom/Autoscale(future)/JewelSwap (lend/borrow LP tokens, partnerships, Autoyield into LP, derivative yield with LP on Jwlswap, + …)
_Create a more sustainable product to boost xExchange revenu like a perpetual exchange (not the same as Ashswap to avoid missplaced competitiveness) being collateralized with Bluechip LP tokens (BTC/ETH/SOL/EGLD/USDT/USDC/EURC?/…) and then redirect part of the fees for xMex holders !
When all of those change will be done and i hope they will at least work on those, Mex will become way more interesting and valuable than it is !
Thanks for reading !