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Thoughts about DEXs

SiggeB

Active Pivian

We're always wiser in hindsight... And in hindsight, I ask myself if it would have been better to invest the listing fees and work hours that the PIVX community spent on listings, on more or less shady exchanges, into a decentralized exchange instead. Maybe together with some members of the privacy roundtable.

We can't turn back time, nor can we get a refund. But I want to suggest that we add a DEX of some form to our roadmap. I think that would be a wise thing to do. I assume it's only a question of time until even the last CEX kneels down to regulations and delists privacy coins. Continuing paying for CEX listings doesn't seem like a wise investment to me.

To clarify my question: Would it be a good idea to include the development of a DEX platform (or collaboration in such a project) into the PIVX roadmap, without any time horizon?
 

We're always wiser in hindsight... And in hindsight, I ask myself if it would have been better to invest the listing fees and work hours that the PIVX community spent on listings, on more or less shady exchanges, into a decentralized exchange instead. Maybe together with some members of the privacy roundtable.

We can't turn back time, nor can we get a refund. But I want to suggest that we add a DEX of some form to our roadmap. I think that would be a wise thing to do. I assume it's only a question of time until even the last CEX kneels down to regulations and delists privacy coins. Continuing paying for CEX listings doesn't seem like a wise investment to me.

To clarify my question: Would it be a good idea to include the development of a DEX platform (or collaboration in such a project) into the PIVX roadmap, without any time horizon?
Who's leading this?

We have things for DEX's but we are on ones that do not have strong adoption. I only stop the DEX discussion when it comes to custodial things. The current DEX's we are on have support from us with the work I've done to make their swaps support shielded and transparent through our ElectrumX forks. The problem is also simply 0 community. Those you see here everyday is what we have, if thats our pool this is why nothing moves.

We do not solve our problem by creating a wrapped token. We do not solve our problem moving to ETH or whatever gets suggested to have access to AMM's.
 
Who's leading this?

We have things for DEX's but we are on ones that do not have strong adoption. I only stop the DEX discussion when it comes to custodial things. The current DEX's we are on have support from us with the work I've done to make their swaps support shielded and transparent through our ElectrumX forks. The problem is also simply 0 community. Those you see here everyday is what we have, if thats our pool this is why nothing moves.

We do not solve our problem by creating a wrapped token. We do not solve our problem moving to ETH or whatever gets suggested to have access to AMM's.

All you say are very good and important points. But I deliberately didn't want to touch on those, yet. My intention was to ask whether we should have the nakedness idea on the road map, just as one goal to work towards, when we the community find it appropriate. Nothing more, nothing less 🙂
 
Who's leading this?

We have things for DEX's but we are on ones that do not have strong adoption. I only stop the DEX discussion when it comes to custodial things. The current DEX's we are on have support from us with the work I've done to make their swaps support shielded and transparent through our ElectrumX forks. The problem is also simply 0 community. Those you see here everyday is what we have, if thats our pool this is why nothing moves.

We do not solve our problem by creating a wrapped token. We do not solve our problem moving to ETH or whatever gets suggested to have access to AMM's.
If it has any custodial aspect, it's not a DEX, but lets not get bogged down with definitions, I know what you mean and I agree it's certainly not your problem to fix. So we currently have dex integrations that we arent presenting to community effecively, the size of community is another problem which we also need to tackle, but it is seperate. For now, I think we should push for 3rd party software solutions to allow users to more easily integrate their liquidity into dexs and then hopefully with our growing MM fund we can have an in house liquidity proposal to manage this liquidity (i'd like @Jeffrey thoughts on if this is possible or not - and how steep the legal setup for something like this would be if there's any at all?). So I'd say this isn't a CORE ROADMAP worthy issue in my humble opinion, even without a due date.

So YES it should go on a roadmap, but NO it shouldn't go on CORE.
 
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