So @hurtlocker came to me with an idea about creating liquidity at the bottom layer of hive.
One of our biggest problems on the Hive layer is that if we want to have a proper alt season over at hive engine then we can't -- because none of our tokens have enough liquidity for a substantial buy in.
One BTC buy in would wreck us all, and the people speculating into hive-engine markets.
The only current option is to not buy in.
If you look at the markets on some of our tokens there isn't enough sell orders on the market to sell out if you were to take a chance and buy in.
My initial thought, sceptical as I may have been, is that all of us hive engine tokens have been a bit stand offish lately.
Not working together, hoarding our users and not really communicating with one other. It was clear that this idea would not work well.
But Hurt changed my mind. He created several BRO pools and jacked them full of liquidity.
And I was thinking, why do this? Why do it now?
What's the point?
Well if you think of it most of our tokens are at the bottom of the bottom going nowhere. If a serious player came along then he or she would take one look at us and think what the hell is this?
Markets with barely $100 of liquidity and these are supposed to be the serious players in the hive ecosystem? The ones who have the sway of the general community at large?
And yet as we have the hearts and minds of these people we don't have them at the bread and butter level.
A man's word is only good for as long as he can eat, without that he turns into a ravenous animal.
So first of all we need to fix the bottom layer -- when we have a robust and solid foundation then we can all start to properly build.
Rather than the scraps we seem to be fighting over right now.
So we'll build BRO pools and lots of them.
So far we have:
- BRO:LBI
- BRO:Swap.gifu
- BRO:BTC
- BRO:LGN
- BRO:Starbits
- BRO:Neoxag
- BRO:Skullbits
Thanks to Hurt, @risingstargame, @lbi-token, and @neoxian for helping us with the pools.
(and hopefully @ssuk once we get a dbond pool up!!)
This is the time to do it folks, when everything is at the bottom. We'll have a way better bull market if we do it like this.