List all the available defi blue chips.
Chainlink is a bottleneck so let’s send them a batch of requests so that the listing process won’t be held up.
Perp protocol has a big opportunity to increase its market share in the DEX space. To aid this, I propose a batch list of defi blue chips:
Currently available on Chainlink:
SUSHI (previously voted in)
The “available list”, in my opinion should be listed as soon as possible. More pairs will bring more traders to the platform.
The “unavailable list” should be sent to Chainlink in a batch to get all those price feeds up and running. This will allow for faster listings as they become available.
They have all proven themselves to be blue chips and are solving a lot of problems in the defi space. More importantly, they are all actively traded on dexes within the space. Note the uptick in volume across the board since the start of the year:
Some have been previously proposed individually but I would like a batch vote, yes or no on this proposal.
This will speed up the listing process and allow for a more broad spectrum of tradable assets, capturing the defi momentum.
Agreed! Let’s do a quick batch listing to drive more volume from the DeFi-savvy users (our main demographics for now) quickly.
Seeing that transaction mining is coming up soon, it can be a segue to start doing cross-promotion with these DeFi assets’ SM channels (TG/Discord) so our marketing reach can grow exponentially. For example, we can do AMAs, give out sign-up bonus to these communities, organise quiz airdrops on perp swap topics, and then convert them to users and start trading while txn mining.
+1 to this vote.
Though is RUNE a Defi blue chip though?
Maybe @thorkai can add some weight here. IMO it’s not currently blue chip, but with how it’s progressing I can see it reaching that status sooner rather than later, hence my inclusion.
As far as I know Thorchain is still in Beta. It may be wise to wait till they get a fully functional/tested product release.
I would not put RUNE in the same category as the others. I’d rather consider some of the large layer 1s with price feeds like ADA and XMR
I think RUNE could be a great one. It is the 13th biggest DeFi protocol, almost 1B circulating mcap, considered by many in the DeFi community as a blue chip, and also isn’t ERC20 native. There is an ERC20 version but a lot of the liquidity is off chain. So a great candidate for a derivatives offering.
We need to add pairs more quickly, but I think trade mining rewards need to come first. We want the incentives to be in place BEFORE batches of pairs are listed. This will incentivize volume from the beginning and gives the pairs a higher liklihood of succeeding. As long as trade mining kicks off first, I am fully in support of this proposal.
I think vote it as separate imo. We’re talking blue chip that have been around forever (relatively).
I’m wondering what people think about replacing it with BAL?
BAL is established and has a track record of functioning as advertised. I’d be in favor of replacing RENE with BAL.
BAL is a great choice. Good addition.
I am in favor of BAL over RUNE. For one thing, PERP was bootstrapped on Balancer and this project has been getting BAL weekly rewards that’s been reinvested back into the staking pool. Surprised it wasn’t on the list to begin with.
Ok so updated list here:
Anybody else have thoughts on adding/removing items? Otherwise will send for a snapshot vote soon
PERP is also a DeFi blue chip!
Hahahaha. Ok I’ll add it to the list
I look forward to trade perp on perp