MEX is utility token of xExchange, therefore it should be used as utility token and flood xExchange liquidity pools.
There should be more trading pairs with MEX, in my opinion all tokens that are listed (perhaps except experimental ones) should have trading pair on LP level with major ESDT’s.
For incentive, there could be Boost Bonus (BB) for locking MEX prior adding liquidity.
That way, there would be a demand for MEX as most people would migrate to get better energy score. BB would be calculated based on overall liquidity level. The smaller liquidity, the higher boost. As more people would join the pool with their long term savings, BB would gradually come down (as expected).
Higher energy score, higher metabonding rewards. It would be great in same time to welcome new tokens in metabonding programme. I suggest to ask smaller projects to contribute, there are lots of good ESDT’s in here, especially from projects that are active on regular basis for a long enough period of time (+1 year) to be not classed as “slow rug” I would name few, that are standing still and grinding hard everyday and are proud to be built on MultiversX.
So, for now we are having MEX listed with pairs with major tokens. Lots of LPs, the ones with smaller liquidity (least popular) are very attractive now with BB good enough for couple grand position to make positive impact on metabonding rewards.
On top of that we are approaching 50 tokens in total listed on Metabonding Programme
xExhange would be alive again with strong incentive program attracting new investors from other
More pairs would bring more traders contributing to bigger daily volumes.
Farmers would have more strategies an incentive to diversify, as balanced position across multiple LPs would yield better metabonding results.
The finest piece of art would be to balance energy boosts to ensure long lasting incentive. It would be great to perform some simulations or DOE’s to ensure sustainable attractive value proposition for farmers. Unlocking metabonding doors to projects that support the chain for a while now and are barely seen, should do the trick
Oh, and lastly, RugPull Safety Mechanism could be achieved by integrating Pulsar Money Vaults to lock LP tokens by pool owners for min of 2 years (same as duration of metabonding period). With this idea we could require from projects that apply for metabonding to provide at least of 1k of initial liquidity paired only with MEX and auto lock it for 2 years. Same lock requirement would be applicable for all farmers, that way people would be careful with strategies and would always be some smaller pools with high BB. That way on the end, xExchange liquidity would be (most likely) evenly distributed across all MEX paired liquidity pools.
Please help smaller projects and rethink metabonding and liquidity strategy for xExhange. It would be win/win for many, especially for the whole ecosystem.