Potential Exchange Listings

Marketing
41

CEO: Tony Nguyen
CBO: Nathan Sharp

2 Likes
42

No we would build a gateway directly to our underlying blockchain, TurtleNetwork. Your token would be wrapped onto TurtleNetwork.

1 Like
43

Our fees are transparent.

We charge a one time listing fee of $2k usdt, half upfront and half on implementation.

Promotion would be across our community, not paid promotion. But we would like to cooperate with your community and do things like AMAs.

The market making collateral goes into a wallet that you guys hold the private key to. And the amm script we run against the mm collateral wallet is based on the type of market you want to run. So the collateral is basically seeded back to your community as they buy and sell.

5 Likes
44

I think the majority of maid followers have seen plenty of exciting new trading exchanges, pending hot developers and promising apps over the years.

Personally, I wouldnā€™t put a penny in yours, or any new exchange that suddenly has an interest in listing maid, I feel most are just jumping on the recent price increase hype wagon. (yep, to make a quick buck and disappear).

Not that Iā€™m saying you would, but you canā€™t blame people can you? In the crypto world. Itā€™s full of opportunists and scammers (not that Iā€™m accusing anybody, just cautious)

So word of advice noobs. Be vigilant. Keep your maids locked up. Sell/exchange them for real SNTā€™s when the world wants them.

7 Likes
45

Just curious, what is the advantage of choosing this exchange over waves exchange?

Thanks

46

Welcome to the Forum, @Bjorn_Lestrud! Thanks for sharing the opportunity to list on Polarity.Exchange. As you can see, this community has had a sequence of very bad exchange relationships. We were willing to try out Altilly as they waived all listing fees. Would Polarity be willing to do the same?

Thanks, @Sascha, @bones and @drehb for asking good questions!

11 Likes
47

Please do not take our negativity or hesitancy personally. As others have said, we have not always had a happy history with exchanges. But we recogise that we MUST be on them to spread the word about the network.
Thank you for your answers and please bear with us, we have many sceptics, justifiably so.

9 Likes
48

  1. we offer traditional 2fa and an on-chain multifactor signer.

  2. we actually work with the projects we list and develop gateway infrastructure for them. Waves does not work with projects this way

  3. our pairs are less confusing to noobs because every pair trades only against usdt; this gives us liquidity advantages as well.

  4. our trading fees are in usdt. Waves are in waves

  5. we offer customized market making solutions. Waves does not

Iā€™m sure there are other reasons but those are a few.

3 Likes
49

What you think of hostility is actually caution after years of troubleā€¦

We (and the entire crypto world) have a very bad history with the exchanges:

  • MasterXchange - closed, how much MAID remained there? Unknown (we paid them 150 MAID withdraw fee)
  • Cryptopia - hacked, how much MAID was stolen there? Unknown (I lost ā€œonlyā€ a few thousandā€¦)
  • Bitker - stole MAID from the MaidSafe company, how much? around 250 000 MAID
  • Poloniex - delist MAID, how much MAID remained there? Over 10 000 000 MAID! (and before that they changed the fees from 10 MAID to 80 MAID!)
  • Chainrift - closed, how much MAID remained there? Unknown
  • Open Ledger DEX - closed, how much MAID remained there? Unknown
4 Likes
50

For us, the biggest cost that goes into a new listing is the gateway infrastructure that must be added. So offering free trial canā€™t work for our business model because we would have to do a lot of work in each case just to provide a free experience.

5 Likes
51

Can we use hardware wallets?

Thanks for all the answers, very much appreciated.

1 Like
52

Can I make guarantees? No. But do consider that our users self-execute on an open blockchain and so even if Polarity shut down you should still be able to pull out your funds. Also every trade is auditable on chain so even a wash trade could be audited.

Its easier to start off with the history of Polarity as it explains the design decisions we made with our Exchange.

Polarity was born from a group of us (mainly technical) observing that although there were DEXā€™s out there, they were very under-featured compared to the CEX counterparts. Creating extremely technical solutions with a high degree of complexity is actually comparatively easier then trying to make those same solutions appeal to the mainstream by making it simple from a usability perspective.

A good example of this concept is how most popular systems nowadays have a 2FA security system

but in most DEXs this is actually quite a difficult concept as they donā€™t easily support multi-sig.

.One of the unique elements of Polarity is that although we have are a DEX, we support 2FA and it actually is implementing a full multi-sig solution

.We approach all our systems with the same practical user centric approach, mixing centralized elements with decentralized elements to ensure users get the most user friendly experience but ultimately because of our design, full ownership of their funds.

6 Likes
54

It would take some additional development, so there would be an added cost I can ask about.

Otherwise we could look at just starting out with your native chain once it is ready. We are in no rush to list anyone, as we are looking for the right fit.

2 Likes
55

Not meaning to sound rude here, Iā€™m greatfull for your time.
You say because of your design etc.

Didnā€™t you just take waves code?

1 Like
56

At the moment, no, but do consider that our solution has a lot of security built in. We believe itā€™s as secure as any hardware wallet.

1 Like
57

You are talking about TurtleNetwork. We are an exchange service operating on top of TurtleNetwork, not TurtleNetwork itself. Our ceo invented our own security solution that waves does not have. The other differences Iā€™ve made clear above.

And you could make a similar argument about how waves started. Didnā€™t they just take NXT and Scorex code when they got started?

5 Likes
59

Ok sorry I misunderstood. Iā€™d have to ask our head dev for clarification.

Edit: it appears Iā€™ve reached the daily message limit for new users in 24 hours. Iā€™m blocked out for 19 hours now, so Iā€™ve asked our CBO to pop in here when he can in a couple hours. I really appreciate the challenging questions and participation!

8 Likes
60

Donā€™t apologise, SAFE is VERY different from almost any other project and it will take some time to get your head around. However, ask the question and you will get an answer, this is generally a very erudite and informed forum - until we get off-topic :slight_smile:

6 Likes
63

Someone kindly let me know if youā€™re interested in continuing a conversation. Happy to set up a short call or provide supporting documentation via email.

Thanks!

3 Likes
64

Hi folks! Please read through the posts on this thread related to listing on Polarity, and share your opinion in the following poll. The listing fee is $2K USD. This poll will close at the same time as posting on 12/24.

If you indicate that you donā€™t support the listing, please reply with a comment specifying why. If you indicate you need more information, please reply with your specific question.

Listing on Polarity
  • I support listing on Polarity & will donate to help cover the listing fee
  • I support listing on Polarity but will not donate to help cover the listing fee
  • I do not support listing on Polarity
  • I need more information

0 voters