As mentioned earlier, there is a very good reason that there is no liquidity on Uniswap (I’ve actually wrote about how we can address the issue here). Here are some of the highlights:
- The 0.3% fee tier is not worth the risk for liquidity providers. We should move to the 1% pool
- The hedging opportunity resulted in impermanent loss for the liquidity provider (@DeusNexus was one of the providers that addressed that issue on the forum). We should remove the MAID/BTC pair on Bittrex to remove the hedging volatility on BTC and swap the trading pair to USDC/MAID or USDC/EMAID on Bittrex (the removal of MAID/BTC is now done for us).
Additionally, I’ve been watching the Uniswap pool very closely in the early days when the liquidity was high. All off the big buys happend on Uniswap first and got hedged on Bittrex shortly after. Uniswap allows US citizens to enter the Maidsafe market. The big liquidity allowed people to comfortably enter bigger, knowing they could always sell tomorrow if needed (as the liquidity was much bigger and more reliable than Bittrex). I do agree that only having Uniswap is not enough, but people continue to believe that we can start trading on the bigger exchanges tomorrow if we try to get listed, but it’s simply not how it works. Big exchanges want to see volume and liquidity first, have market makers at the ready (which Maidsafe cannot provide due to regulations). I certainly hope the community will soon realise that Uniswap is going to be the best we’re going to have in the next half year+ and depending on how much liquidity people will provide will determine if we’ll ever have a shot at getting a CEX listing.