This assumes that none of the current buy-side activity is in it to run nodes, just to own POKT, which I don’t believe is true. There will always be people looking to run more nodes, because it is a long-term investment in a sustainable business (for node operators) vs a short-term incentive program in wPOKT farming.
This would honestly be a good thing relative to the current situation, because the supply-side of the OTC is a lot drier than the buy-side right now.
Per my above point (dry sell side), we’re not getting any indication that many node operators are selling POKT to cover operating expenses, since mainnet launch in June.
This assumes that the bridge and the OTC are the only sources of liquidity. Following PEP-4, a committee is currently pursuing CEX listings for POKT.
I believe this is already the case.
We are allocating 50,000 POKT to wPOKT yield for the first pool, which will last 6 months. This will support an additional 15M relays/day, or a total of ~20M relays/day based on current relay counts. For ~183 days (6 months), this is a total of ~3.66B relays over the 6 month period, which based on service node rewards (89% of 0.01 POKT/relay), is 32.57M POKT, or 651X the yield of wPOKT farmers. You might then ask why people would bother with wPOKT when the yields are higher in POKT; that’s where the convenience and liquidity of wPOKT comes in.
Also, it’s worth considering competition in this equation. The same liquidity that makes it easier to exit out of wPOKT also makes it easier to enter into wPOKT. This means individual yields are much more likely to be competed down on the wPOKT side than the POKT side.
All that said, while I don’t think the situation would be as dire as you imply, I do still generally support launching the bridge at the same time if it can be done.