Conversation
1) Why do I even want a decentralized exchange? If I am an actual trader who takes trades and pays taxes, what benefit does having my exchange be decentralized have? It's a liability if the exchange goes down / breaks and I have no one to reach out to for support / rollbacks
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2) How is it a decentralized exchange when there are 42% of the governance tokens are held by team / advisors / project contributors? Having a governing body anonymously hold close to 50% of the shares does not make it decentralized, just makes accountability impossible
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3) SRM tokens are also the fee method for the exchange, but are bought and burned? Isn't there a finite supply? So what happens when all of the tokens are burned, you can't trade on the exchange anymore?
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4) Why would I ever want SRM tokens price to fluctuate if they're tied to the utility of the exchange? Why would I want to worry about this additional factor when calculating my trades?
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but what utility do they actually offer other than making the exchange richer (and those that end up trading the tokens in the right direction)?
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Replying to
1) it's a way for you to get exposure to the ecosystem. If you don't want that, then it might not be for you.