Sharing the survey results for the off-chain liquidity survey results.
The most important question for us was Q2 - “If you are looking for liquidity, can you wait for exchange listing or prefer immediate liquidity through an off-chain mechanism”.
The community is split between waiting for exchange and liquidity through an off-chain mechanism (50% - Wait for exchange vs 53.75%) (View result image here)
We have decided to not go ahead with the off-chain swap for the following reasons:
- We had kept an internal benchmark of at least 80% or higher to go ahead with the swap.
- The results of the ‘amount of Aion Coin to swap’ is lower than the minimum threshold we would consider.
- There is a significant overhead cost in terms of work hours (Development team and Business team) for off-chain swap. There is a lot of work going behind the scenes, and the team is very occupied with more long-term value-add projects, facilitating the off-chain swap would mean sidetracking some of these projects.
- We are very close to on-chain liquidity.
Thanks very much for filling out the survey, and many thanks for participating, mining, and supporting Aion.