On the FTX crash and the TFT model

I remember when FTX bought Liquid and many of us were wondering about the implications of the acquisition and what it might mean (in a good way) for the token… Then came the Liquid delisting and the reminder of the risks that come with centralized exchanges. Now, I just saw that Liquid halted all withdrawals, related to the FTX crash. (Good thing we’re no longer listed there, no?)

I’ve been listening to @kristof warn about all these types of things for so long. & I’m proud of what we as a team and a community are building together, and particularly proud in these moments of all the work that’s been done on the tokenomics and the regional Internet model to create a balanced and sustainable token economy in the long-term.

On that note, I would recommend anyone who hasn’t seen it yet to also watch the recording of last week’s tokenomics and regional Internet call.

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You guys were spot on with the risks of listing on a CEX.

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Memory spans are too short on the cex listing topic, the risks far outweigh the benifits at this stage.

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