This wallet will be outside the etherium blockchain. This means that it cannot be part of the DeFi ecosystem…
Perhaps you are right that I have missed part of the discussion here, but if it is just about the OP, i.e. how can money/value flow in and out of the Network, how can someone purchase Safecoin, then no smart contracts or blockchain is required for that at all.
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Of course you’re right. But money is made through speculation. People will want to speculate and someone will add ERC20 safecoin to the etherium ecosystem…
I’m sure they will, but it’s not something we need to worry about. I think we’d be better pursuing native integration from the get go.
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That’s why I say that this someone can add our safecoin or their own safecoin and compete with us for farmers…
Just to try and fill in on what Jim is saying. As with any other token project, all that exchanges need to trade is a access to wallets and API’s. Atleast if they are not ERC20 only.
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I’m starting to see this side of the argument too @JimCollinson. I started seeing it myself in @anon57419684’s thread but the only real issues are
• people can’t easily accumulate now before the network launches
• if the network isn’t as close as we think then it may perhaps leave us in the dust in terms of interest and token price and therefore hinder development, maybe. Maybe.
• can we have our own smart contracts and token standard. (This last one would honestly be the best way for us to use our brain power, IMO)
Centralized exchanges are something from 2014. We are talking about the exponential growth of DeFi, which has been happening in recent months. UniSwap grew from 60 million to 1,700 million in half a year
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We need our own uniswap. Imagine what that would do instead of just using uniswap. Anonymous network with uniswap.
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Are there real people using that liquidity pool fundamental broken system or is it volume
manipulation? How many real users does it have? Centralized exchanges are still dominating and most people use them over decentralized options and not talking about the liquidity pool crap.
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UniSwap is just one of the ETH decentralized exchanges. The same thing happens everywhere. Everything is OnChain. You can see each person’s address, what other currencies he holds and when he has made his address. It is true and it is happening.
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Not to stoke ego too much but I bet @JimCollinson could make Uniswap look like it was drawn with crayons if he mocked up an equivalent.
Yeah I agree.
Sorry everyone, I can’t help it. I’m here to build new, better stuff… not keeping the old systems going, even if they are popular. So it’s just my automatic reaction now, to think, “na, this can be done better”. 
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I dunno man. They’ve got some good minds there, workin hard.
But it’s more the whole system that sucks TBH. It’s HARD for people. And it’s not what people need, I don’t think. Feels like a stepping stone to me.
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The question is not which is better or worse. Here we all know that Safe is the future. The question is where the money is now and how this money will affect us and the possible emergence of competing networks.
Either it uses a real orderbook system as exchanges have used for 100 years, for a reason, or it is probably fundamentaly broken as with liquidity pools. They are just money grabs and don’t work. There are decentralized exchanges with real orderbooks and they are the real thing.
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Hey friend, no problem disagreeing on that. I have no game in this. Quite friendly I tried to explain to you why people lock money in these systems, I did not do well with this job sorry
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I’m not an economist flag warning
Is it perhaps a mistake to look at trading volumes on exchanges, such as uniswap, and assume that if we moved that same volume into safecoin, that this would be “money” flowing into the network? Because it feels like that might me the wrong measure to be considering.
The real “money” is the data, and the utility derived from it. This is the value we should be considering primarily.
Ease of trading Safecoin should be seen as a usability win—because it would allow people to purchase resources from the network without farming, and farmers to pay either bills with fewer hurdles in the short term—but not as a sign of a success by itself. Healthy supply and demand on resources would be an indicator of that, and would correlate with increase in Safecoin trades to other currency.
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I see broken logic and nothing presented to me have made any reason to change that conclusion. With a broken logic it does not matter why people or others pour money into the liquidity pools.
If they where straight up pools that always have to be balanced, that is very ineffective because they need to be huge to not affect price at every trade.
The way they use formulas to try and cover those problems opens up for gaming and manipulation of the system as reported recently by @bones if I remember correct.
I agree with what you say WE should do. 
My comments are focused on what a third party interested in financial speculation would do. The most logical thing is to add us to the existing largest ecosystem in the crypto world. (the good for us option)