No this will not necessarily be required and can be left upto the exchange I doubt Maidsafe would need to get involved outside responding to extra requests for liquidity and exchange fee’s for extra listings that some exchanges require. In general It does not appear to be how exchanges have dealt with other dual or multiple token projects. Some projects have started with ERC-20, built their custom blockchain “mainnet” then launched their own native tokens. Other than the projects that specifically shut down their ERC-20 token, exchanges have either ignored the mainnet launch as it is still niche and continued to just support the ERC-20. Some adding support for the new mainnet token right away and other exchanges much later as the native token slowly takes over and builds volume. In many cases exchanges just dual list and let the market sort it out on it’s own. What is interesting is that some dapps require both the mainnet native token and the ERC-20 to bridge networks and I suspect this will be the case for the Safe Network if MaidSafe do decide it is worth minting Safecoin(ERC-20) tokens for us to invest in and trade with.
The two exchanges that continue to support OMNI will probably continue to do so as not everyone would move over to Safecoin(ERC-20), especially right away. Then they may dual list, but may more likely just leave the Safecoin(ERC-20) version for other exchanges (both CEX and DEX) that are more ERC-20 and Uniswap orientated to pick it up and list it via the magic of decentralised liquidity pools.
Will also take opportunity to post this 1 year old overview of Uniswap mainly for the following quote (emphasis mine), which IMO highlights a strong benefit for going this route:
So what is so great about this style of exchange? In a nutshell, the pooled liquidity smooths out the depth of the order book. There are no more large holes or large bid/ask spreads. This is preferable for small traders who don’t want to have to deal with limit order books (the Uniswap UX is one of the slickest we’ve seen in all of crypto). No more having to make bids or offers or doing heavy calculations. Liquidity providers can also “set it and forget it.” There’s significantly less overhead in terms of management of orders and positions. It’s an incredibly passive way to provide liquidity and earn some fees.
Maidsafe can:
- Provide decentralised liquidity in Safecoin(ERC-20) at the centre of the ERC-20 ecosystem
- Enabling other CEX/DEX exchanges to pick up and list the token as it is a decentralised liquidity pool
- Not have to worry about a few whales buying out all the liquidity shutting down the market
- Collect fees on the liquidity they provide
- Not have to bother wasting precious time and resources chasing and paying for exchange listings for the foreseeable future.
- Provide a SafeCoin(ERC-20) bridge for investors and developers to move between the current most vibrant decentralised project ecosystem, to the future one that will be on the Safe Network.