Hey folx!
I disagree with this initiative, because I don’t think that SNX brings additional value to the exchange as a bridge asset.
Eg. increased ETH/USDC depth improves the trading experience for many additional assets beyond USDC and ETH by virtue of users being able to trade USDC <> other assets with more liquidity. USDC is also directly paired with many assets on UniV2, so it may improve generalized liquidity for ETH as well. I’d argue the same applies for DAI, USDT, and WBTC, but isn’t applicable to SNX. The only people who benefit directly from incentivizing SNX liquidity depth are SNX holders.
I’d be much more interested in an sUSD/ETH pool for incentives, as this could serve as bridge liquidity between Uniswap and the Synthetix Exchange.
PS. No need to make a reply to write “+1 agree”, can always use the like button 