Fair. I'm just very pro-customer choice & tokenization.
While I think Sushi is a sound choice, tougher branding/user education sale for first timers. Getting older parents to invest in that? Tough sell :P
Thnx for a good discussion/debate on it - appreciate your open to it.
Conversation
heh yeah and FWIW I think you're basically right that there should be another index. Mostly I'm just a bit salty because I think most people are being pretty lazy when asking for it and not e.g. realizing that SWRV is < 0.1% of the FTX index.
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My observation is you approach FTX products you need, when belonging to an outlier cohort (crypto traders) and being the extreme upper bounds of that (in a positive way)
The needs and desires of the rest of that cohort & what it grows into are different and often less calculated
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And I mean all of this in a positive way - you know I'm pro-FTX, but its early product is a laser focused product for a subset of a subset of users with a very similar approach and mindset.
But, it's a fraction of the market.
The bane of building B2C :P
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heh yeah totally fair
and also FWIW I basically agree we should have another index
I do think, though, that there are countervailing factors to e.g. DEFI-PERP.
a) if we only include a few projects and then the ones we excluded massively outperform, users will be sad
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b) each individual project is happier if they're included than if they're not
c) there's a risk in 'playing favorites' here
d) I think the world is going to look on these differently later than they did before
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Maybe the best (imperfect) answer is then to issue a single chain focused one.
Get you guys hooked up with ( could likely help) and set up to FTX designed tokenized indexes that are ETHDEFI (broad) and ETHDEFI (conservative)
Tokenized and let users choose.
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If you let users pick between ETHDEFI (broad) ETHDEFI (conservative), multichain DEFIINDEX, then its on them if they choose the under performing one.
You are just setting up choice.
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Totally makes sense!
Though TBH we'd be more likely to use dex.projectserum.com/#/pools than tokensets :P
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Sure for a DeFi broad chain index - but if you had ETHDEFI tokens, its fair to expect their buyers would want them to be ERC20 native assets.
Whether the right choice tech wise or not.
It's just like Dan Held being a BTC-maxi & wondering why ETH traders dont use Kraken.🤪
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hehe
the token could be cross-listed between ERC20 and SPL!