don’t really understand why we would allocate time and resources to build our own DEX, especially when there are already a lot of DEX out there.
To clarify, I’m not saying we should re-invent the wheel and build from the ground up, but have an ecosystem-specific DEX that only funnels in the non-native tokens in one centralized place.
The incentivization for the foundation(if they choose to make it, or allow the community to make it on their behalf) is that they can take out a fee(native and non-native) to build, grow, and use it re-invest that back into the ecosystem and outreach initiatives.
wPOKT is going to be deployed on Polygon, so we should focus on bootstrapping liquidity for one particular DEX, Uniswap V3 for example.
This can still be done by the core team, but if we are solely focused on providing liquidity for one token, it negates the other opportunities for others to gain POKT through other non-native tokens and it just funnels people to one network(I.e polygon/eth) instead of the networks.
Lowering the free relay applications from the POKT portal from 2M to 1M, should be introduced in another proposal I think.
I totally agree and I probably will make another proposal after I get the communities buy-in and agree on the concept before we start initiating the next steps and creating a roadmap and R&D