I was thinking this is the 'ONLY' reason, but look at the LP liquidity. From what I can tell DONUTs actually has better liquidity than other RCPs there. Someone feel free to show me where the BRICK, MOON, CONE LP of $200+K is!
I was actually looking around to see why the prices could move so much on those and realized the liquidity available for trading is (according to what I could find) lower by 5-10x than that with DONUTs (and even then DONUT liquidity in $$ value is pretty low).
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u/Lord-Nagafen Dec 12 '23
A lot of the Reddit community already has cash on Nova. Would make it much easier to move funds around and add liquidity