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RE: What are Diesel Pools and how they could bring DeFi innovation to Hive

in LeoFinance3 years ago

I personally think one of the lacking things on HE and most crypto tends to be liquidity. This prevents many traders from even wanting to enter because they would lose a lot of money just entering and exiting due to the spread.

As for the effects of the diesel pools, I think it will probably keep the price more stable but it doesn't solve the underlying problem for tokens. The tokens will still have to find use cases and make people hold on to them. It only locks a certain portion off the market.

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Liquidity is definitely lacking and it translates in huges spreads. This makes the price finding process quite difficult.

I agree, a diesel pool alone will not be enough to make a token sustainable. Without good use cases a token isn't worth much. Thanks a lot for your comment!

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