Quick Update on ERC20 MAID

As the year draws to a close, we’re in the last 100 meters of the last mile of what has been the marathon to deliver ERC20 MAID. Testing has gone very well, and the intent is to launch in early Q1 2022. Look for the official announcement with a detailed process overview and FAQ in the new year. Till then, happy holidays and have a wonderful New Year! :smile: :sotros25:

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excellent work and thank you for all your efforts :slight_smile:

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Thanks to @Sotros25 and all involved!

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Sorry for my english, “in the new year?” means 1/1/2022 or sometime next year. :partying_face:

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To me it means early 2022, but strictly it means during 2022.

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@happybeing is correct as the target for launch is early Q1 :grinning_face_with_smiling_eyes:

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Awesome news. Well done.

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Astounding work, so appreciated, in the true spirit of decentralization, instead of complaining, personal action! You are a hero, Cheers

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Great news @Sotros25 ! Well done to you and the others involved to make it happen!

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I apologize if this question has been answered elsewhere, but what is the process for listing the ERC20 token and providing liquidity? Will Maidsafe be supporting this effort, or will community provide liquidity pools?

Once we get the token its in our hands.
The team are busy coding, we can get ourselves on dexes like uniswap with little effort.
Let’s leave the team to work on the important bit, the network.

Edit.
Uniswap is one big liquidity pool :wink:

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Wonderfully determined work to get everything this far. Hats off to all involved!

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Very cool!
If anyone wants to interview for Crypto Fireside and talk about this update hit me up.

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Is anyone thinking about how once it’s erc20, it can be converted with Any swap to matic, avax, fantom, and all those L1/L2 EVM chains? To be added to Dodo, Sushi and everything else as well?

Ethereum L1 coins are still expensive to use

I will put some ERC20 MAID on PulseX. I think this will be the next short-medium-term hit :dragon:


Privacy. Security. Freedom

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If liquidity is spread across too many AMM’s will that lower liquidity for each? Or if it’s atomic swaps is all of that liquidity available across bridged chains??

There will be opportunities for arbitrage, which will attract people with bots, which will increase the volume of trade. I think it has a chance to be interesting, it depends on how willing we are to risk our MAID due to impermanent loss. I personally bought separate MAID, which I will use only for liquidity. I will not risk my long-term MAID :dragon:


Privacy. Security. Freedom

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planning the same thing ill buy some more just to add some liquidity

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Is there a financial benefit and what typically is the level of benefit?

I wonder if there’s a level of benefit that can compensate for the impermanent loss, or mitigate it significantly?

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I don’t know if there is at the moment. Even UniSwap 3 suffers from this problem:


Privacy. Security. Freedom