Conversation
1) Look at the biggest AMM players in the space & SushiSwap, you will notice that all of the top 10 liquidity pairs are ETH pairs. This is partly due to the fact that ETH is the biggest asset on Ethereum blockchain, also many people historically have ETH stakes.
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3) If we start a new AMM liquidity protocol from a blank state we should do differently. Protocol token should be the base token, and the focus should be multi-chain. In that scheme, the protocol token would be in most of the pairs, &where the arbitrary trades routing through.
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4) Consequently, it will gain a special status of being the reserve asset used for pairing in new pools, besides being a pure utility centric token. $LUA
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5) That’s the proposal for LP community. Focus on LUA-centric pools, and LuaSwap can be a very different AMM protocol compared to Uniswap. Swapping LUA-coin or Stablecoin-coin in LuaSwap can have better pricing than competitors that is a longterm sustainable advantage.
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6) Being a core paring, $LUA will be a much more valuable asset than other AMM protocol tokens that gives reserve asset status to ETH. What do you think?
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