This article was first published on The AdEx Blog - Medium
AMA with AdEx’s CEO | Part 2 — AdEx Staking and DeFi
Our CEO Ivo Georgiev participated in an AMA session with the Chainnode community to discuss staking and DeFi.
In November our CEO Ivo Georgiev was invited by Chainnode, a respeced cryptocurrency media, to participate in an AMA session with their Chinese community. People were very excited and Mr. Georgiev got tons of questions — in fact, they were so good that we decided to share some of them with you on our blog. Over the whole session Ivo received more than 50 questions — we selected the most interesting ones and grouped them into three topics — The AdEx advertising platform, The AdEx Staking and Farming Portal and the Ethereum ecosystem.
In the first blog post we shared with you the most interesting questions regarding the development of the AdEx Platform and today we selected the most interesting questions about staking and liquidity farming incentives and other DeFi-related questions.
❓ Staking and liquidity is one of the challenges that Staking is facing at present. Joel Monegro, co-founder of the blockchain investment agency Placeholder, once proposed to use Balancer pool token as liquidity proof and use it instead of the network token for staking so that liquidity can increase with staking. What do you think of this idea? What is your solution to solve the problem of liquidity?
👨🏻💻 ADX is quite liquid as it’s listed on leading exchanges such as Binance, Upbit, Huobi and others. We’re market making some pairs ourselves. But there’s also Uniswap and Balancer pools that are both incentivized using a similar idea — you can stake the LP tokens to get ADX rewards using our farm: you can learn more here: https://www.adex.network/blog/adex-farming/. Currently, there’s over $3.5 on those pools, as well as millions of ...
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The AdEx Blog - Medium