1) to allow token creators a little more control over their token
2) to make it harder for fakes to get listed (1000$ liquidity requirement)
3) to make it safer for everyone to use (1000$ liquidity requirement for price impact)
Because the problem with DeFi is that most assets are garbage rugpulls, ponzis and that most of the defi tvl on many chains is fake.
That’s why the Maiar DEX is so curated, the team only lists projects they vet and approve.
Is it ideal? No. Is a shitcoin infested dex ideal? No.
1) to allow token creators a little more control over their token 2) to make it harder for fakes to get listed (1000$ liquidity requirement) 3) to make it safer for everyone to use (1000$ liquidity requirement for price impact)
Because the problem with DeFi is that most assets are garbage rugpulls, ponzis and that most of the defi tvl on many chains is fake. That’s why the Maiar DEX is so curated, the team only lists projects they vet and approve. Is it ideal? No. Is a shitcoin infested dex ideal? No.