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RE: Hive Bridge - 1.0.0-beta.1

in HiveDevs5 days ago (edited)

StealthX and SimpleSwap are not DEXs. They are centralized exchanges who are using Binance in the background for HIVE.

Over 200 million HIVE tokens are currently held by centralized exchanges. +150 million HIVE is just on the Korean exchange Upbit. For context, total liquid HIVE right now is ~280 million.

It's about providing ease of access to non-custodial wallets and not being overly dependent on centralized entities.

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Ah ok, and you think some Korean traders rather want to put a bridged Hive Token in their Metamask than have things ready on their CEX?