Sipa@SipaAirdrop
Just finished my call with @mks_hot from @tradehotstuff
> No deal with MMs. They offer negative maker rebates to bootstrap healthy maker activity and reward them
> They have builder codes in place and they plan to build a close-knit ecosystem for builders and traders. Their bridge currently resides on Ethereum
> Perps and spot will be available from Day 1. Equities will be integrated by February, while they also plan to add options, but the date is TBD
> The team confirmed institutional partnerships for equities, but they will say more in February
> Hotstuff has its own L1 in order not to depend on other blockchains. Though, since they are not an EVM chain, they don't plan to create their own ecosystem atm, but this might change in the future
> All the info regarding their last funding round led by Delphi is undisclosed for now
> There will be a points program. The team said that it's not their intention to have a long program like Paradex for example
> They don't have any plans to make an ICO yet, but this might change. Still, the genesis airdrop will be generous, in line with current Perp DEXs
I explained yesterday why the rebrand seems legit and why the previous project is not such a big deal
I've read many comments about the origins of the team, but I'm not here to judge based on these stereotypes
$SENT distributed a good airdrop some days ago, even though the founder is still Indian
I am here to judge based on the info I have and because of this, I'll keep following the work of these guys
