1) bathwater
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I appreciate you starting off like this 👌🏽 conflicts of interest are fine, but you can hopefully understand the issues the community has with a CEX token being used in a DeFi platform? Regardless of the short term gains it may bring, the centralization risk is too great for many.
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There should probably be a cap on any one asset in the platform 👌🏽, but that doesn't mean the platform still wants that centralized risk. A token coming out of thin air (UNI for example), is still less of a risk to many than adding BNB to compound... 🤷🏽♀️
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I guess my real question is why you would care so much about the token even being listed 🤷🏽♀️? I mean I get how it helps CREAM bag holders, but how does it help you? Can't you just make this on your own chain? (honestly curious). Seems like drama that's not worth it for you tho 🤷🏽♀️?
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Replying to
so:
1) yeah in retrospect not sure this drama is worth it :P
2) it has adoption! Also working on helping people bring it to Serum but this is where the assets are now.
Also not sure UNI is really that different here.
Well it is--biggest difference is it's way more volatile and risky (so are most things! FTT is pretty stable, owing to its shit tokenomics.)
But other than that -- both are fairly tied to one platform.
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V true. Yet one is "Decentralized" and one isn't. Risk profiles may be different, but economic risk isn't the only reason to stay away from centralization for many.
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