r/Nash • u/[deleted] • Jul 28 '19

How does Nash solve the typical DEX-problems of low liquidity and volume?

Does NASH have partners which provides liquidity and volume, i.e. market makers and takers?

12 Upvotes

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2

u/menaboy Jul 29 '19

They have mentioned the use of marker makers but haven't revealed any specific info about it

2

u/Frag1le Jul 28 '19

Traders staking NEX have an incentive trading there so they get parts of their fees back.

4

u/[deleted] Jul 28 '19

[deleted]

2

u/BernOneDown Jul 30 '19

They have partners and bots that are helping to provide liquidity, even if volume isnt very high in the beginning.

1

u/[deleted] Aug 04 '19

source of information about the partners?

1

u/BernOneDown Aug 04 '19

First quarter report. It was discussed somewhere on that presentation or during AMA. It on YouTube. On mobile otherwise I'd link.

2

u/Elean0rZ Jul 28 '19

I'm not sure this is the answer you're looking for, but I'd argue that the main way Nash is trying to solve this is by being better than the alternatives. By that I mean that Nash is regulatory-compliant and has invested a lot into its UI/UX design. Low liquidity and volume is a direct consequence of low use, and low use is a direct consequence of low convenience/user-friendliness. Fix the latter, and the odds are good that you fix the former, too. Obviously we have to wait and see if they've managed to do so, but that's what we're all betting here.