Zano Forum

@kwibs I'm sure we'll see that update soon

@kwibs
Thanks for this, it clears up a lot. I didn’t realize it was all tied to those routes breaking. Self custody is the final step that actually matters, and having ZANO on Uniswap and Base will make access way easier going forward.

@kwibs Thanks for clarifying that.
So swaps are down because of the new MEXC policy, not because of Zano or FUSD directly. Any estimate on when Exolix and the other partners will have swaps live again?

Got mine last week, the process was just too smooth and fast.

@kwibs said:

I understand people's concerns and hope these insights and comments are valuable:

1. Since Zano is a hybrid PoW/PoS blockchain, users would rather stake their coins instead of trading. This naturally results in thinner liquidity.

2. Not all liquidity is on the order books; as the price moves, new orders appear.

3. Users can sell ZANO for fUSD through the Freedom Dollar website with $5000 USD per sell, and can repeat this as many times as they like. fUSD can be swapped 1:1 for USDT/USDC, also through that same website, or through exchanges they're supported on. https://www.freedomdollar.com/en

4. You can swap a whole 1 BTC for about 6500 ZANO through https://www.wizardswap.io/

As you can see, there are plenty of ways to swap decent sizes of ZANO both ways without moving the price too much. That said, there is plenty of room for improvement, and after HF6 this will happen through listings on DEXes like THORChain where we'll make sure there will be decent liquidity as well.

Thanks for the breakdown. With staking taking so much supply off market, do you think THORChain after HF6 will be enough to solve the liquidity gap or will we still need more CEX listings too?