Ethereum fees are already getting very high, in excess of $50 for a swap. High ETH fees are reportedly hindering new participants.
As it stands, ZNN is primarily traded on Uniswap, but it’s time to expand to other markets.
There are many active traders in the community, and there are dev considerations. What are everyone’s thoughts on this?
We need ZNN and QSR (and their wrapped counterparts) on as many chains, DEXs and bridges as possible to increase adoption.
You actually read my mind with this post. I also saw that swapping would cost someone even over 100$ when the gas fees are high.
Just a couple of minutes ago I did some basic research and I can say that there are some libraries for Flutter build for Solana support.
Adding Solana for mobile and desktop wallet wouldn’t be a problem, if it’s desired.
Id say yes we should prioritize Sol.
We could split the current rewards from wznn/eth and use half for new wznn/sol and then add some for wqsr/sol incentives. Both only need to be for a window of time months up to a year and then should re-assess.
Regarding QSR, I don’t think we should spread our resources/rewards. If anything, I’d say allocate a VERY small amount of rewards for a SOL/wQSR pool in order to support swaps of 150 QSR with minor slippage.
I will also refer to this previous post on the topic:
Yes. Solana is growing at a fast pace and is much cheaper as opposed to Ethereum.
wZNN/SOL needs to be incentivized. Agreeing with @TrevorLeahy3 on his statement of splitting it 50/50 + Orbital campaign on SOL.
A bigger market for wQSR would be nice, but no priority. Ideally I would like to see it to become tradeable on a reputable CEX (T1)
In favor.
Let’s make multi-chain multi again!
Sounds like a good idea, paying 100$ for swaps is a lot and if the price of ETH goes up so will the fees.
base is another option. A reputable source weighed in saying SOL is overwhelmingly memes -which can be used as an argument in favor or against it.
I’m seeing BASE come up in my feed now.
My general sense is that people who favor base would be more amicable to going over to SOL if they want to buy wZNN, in contrast to SOL users who would see porting over to base as more high friction.
I also tend to see more people speaking in term of SOL on my feed.
This is my subjective sense but the stats do support sol being where the action is. I hope to hear more opinions.
Option C would be to get more aggressive and go for both base and sol.
Let’s add more chains. Our website has placeholders for literally every dex in existence including fantom, avalanche, polygon, etc. We are smart enough to realize base/solana are taking market share over those, so we pivot, but no reason to be single chain bridge especially when ETH fees are ridiculous.
Yes, let’s add solana
I would also recommend that we deploy wZNN to TRON. I think TRC-20 is poised to see a huge growth in the near future, given the recent tether mint on TRX.