Desmos
1.8K posts
If you want to trade DSM, Pool-1271 (DSM/USDC) on @osmosis provides the deepest liquidity. If you think the liquidity is insufficient, please comment below.
Keeping your DSM idle seems not a good idea. You may trade them or stake them.
The IBC channel is back and the deposit and withdraw should be working now.
The liquidity of the DSM-USDC pool on @osmosis (Pool-1271) has also been increased to facilitate more efficient trading.
If you are or were validators on the network, we also suggest that you consider how to handle your commissions.
Although we have not yet finalized our plan, we still need the inflation (3%, equating to 7.1% at the current staking ratio) to incentivize stakers, as engaged stakers are the cornerstone of our pivot.
While we are convinced these are bad ideas and the L1 should no longer exist, we will still need to keep it running until we decide our next step. Therefore, if you own DSM, you may still consider staking or selling them, as the inflation mechanic is still active.
The pivot is a complex process without a final conclusion. But we eliminate bad ideas based on our experience: 1. Social media 2. L1 3. Flawed tokenomics 4. Fake decentralization This mean we will be changed completely and fundamentally .
We are pivoting. Stay tuned.
