I appreciate the insight. I am def new to how Bancor works, especially from a governing standpoint. Def pretty interesting tho and am excited to learn more and become more involved.
Maybe you could provide some more insight in regards to fees charged in a pool like the QNT/BNT.
Like if other exchanges are getting all the transactions and we are barely collecting any fees, would it potentially be worthwhile to drop the fee % some just to get more transactions routed our way?
Is this something that could potentially be voted on to be changed for only a specific time frame. For example, like change fee to 0.1% for 4 weeks, then revert back to current rate. In hopes in generating more return and idk perhaps then more BNT staking, leading to more community interest/awareness, leading to opening more TKN sided liquidity and kind of snowball from there?
Sorry, if all of those questions seem super noob, I am still trying to even learn how AMM chose pools for carrying out their swap. Is it just depth of liquidity (to facilitate the size of the order they receive) and fees the LP is charging?
Also, does opening up more TKN side of a pool put more strain on the BNT ecosystem as a whole if people aren’t staking the BNT side?
Anyways, thanks for any additional info. I have def read some articles on these topics, but sadly the information doesn’t seem to get through to me as well, compared to discussing it with someone who knows all the ins-and-outs.