Crust Network on HydraDX!

7mos ago
18 Comments
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hey, thanks for the proposal, I would like to resolve some questions.

I see that the token is already in cexs and several dexs in Ethereum

How are these 2 tokens connected? (erc20 and parachain token)

In subscan I see that a lot of supply is in a few addresses, are these under the control of governance or are they unrelated?

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Agree with Jose here, unlike Ethereum where token is fairly distributed, CRU parachain token (hence its gov) seems highly centralized, which is concerning for any token going into the Omnipool

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I can answer at your ask, I ask at the team there is few week, the big wallet is the team and the déposit adresse with 1 million of liquidity is the liquidity reserve of CEX in majority.

I for the proposition too!

Edited

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I ask of the team few week ago because I Have seen the Big Amount 8 Millions, and various with 1 millions, and say me the big adress deposit, the more is their adress, and the various 1 millions is reserve of liquidity of Cex Like HTX, GATE, MEXC, KUCOIN...

I'm naturally for because I have crust token.

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Wow! It will be ground breaking. As Crust has a strong community. It helps to add more liquidity.

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My voit - yes)

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Yes! I'd love to see this.

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100% in favour!

Edited

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In favor.. Crust project has integrity from what I have seen.

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You can not add more liquidity because 75 000 it's very few, . I think 500 000 is more reasonable. It's a polkadot project, and the hydra dex will be a first decentralise exchange of Dot ecosystem. So for avoid Cex as more possible, I think 500 000 at 1 millions is reasonable for the liquidity and the stability pool.

What do you do ?

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Yes, for sure! Looking forward to that!

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What do you think about Hollar on HDX. Because, il the majority of case every time a protocol create a dollars synthetics there is a big probleme who follow. Acala for exemple.

So I ask at the people are really trust in a new (stable synthetic Dollars). Because can be have a fail il the mint and possibility to infinite print.

With all respect I have for the team, if she want she can decidate rug us or people who want to mint his synthetic stable dollars who repose on asset on Omnipool and say is an external hack or other. Unfortunatly the past have show that this tipe of experiment who kill protocol by the hack.

And it seems important to me to let the team behind hydraDX know. It's not because we love the protocol that you have all our trust about unfortunatly past event of hack on anothers protocols who are also DEFI and who stays a possibility strong for the futur.

What do you think ?

Thanks you for reading me,

Best Regards

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Great proposal. Aye for this one

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