With iFi DEX launching soon and liquidity pools coming online, what do you think should be the primary trading pair for the Althea token?
In many ecosystems, liquidity incentives are often focused on pairs with another volatile asset ( like ETH or the governance token of the dex in question i.e. osmo, kuji, etc.). The upside is that when the paired asset appreciates, it can pull the token’s price up with it. But of course, the reverse can also happen — dragging it down when the market dips.
Would it be better to anchor the primary liquidity pool with a stablecoin like USDS or USDC, offering more price stability and potentially smoother onboarding for new users? If not, what other token do you think would be the best fit for an ALTHEA LP where liquidity incentives should be focused?