Long.xyz Founder Emphasizes Asset Distribution and Scale Growth
The founder of Long.xyz, Nate, explained the mechanism of building liquidity in tokenized stock trading through LONG. He pointed out that the main issue in the crypto market is the lack of stability rather than insufficient trading activity. Deep liquidity can reduce the costs of market control and concentrated supply, helping the market cope with extreme volatility. Stock trading pairs can serve as a secondary market for tokenized stocks, where liquidity providers can participate in trading, arbitrage, and lending applications. Taking the AI/NVDA trading pair as an example, when Nvidia's stock rises by 20%, the dollar value of NVDA in the liquidity pool will increase to about 1.2 times, allowing for a higher dollar value when selling the same amount of AI, with the actual effect depending on liquidity depth. Nate stated that LONG currently focuses more on asset distribution and scale growth rather than providing high returns through fees or dividends. After expanding the asset scale, value can be returned to holders through dividends, voting rights, or accumulating NVDA. The team has previously provided about $200,000 in liquidity to the AI/NVDA pool and LongX-related assets, and if included in the community treasury, the value of held NVDA could increase by about double. Regarding high-tax trading pools and token holder dividend mechanisms, Nate mentioned that such models can easily be replaced by low-fee pools, and LONG will not default to support them, but hopes to encourage users to hold long-term through stock correlation, liquidity, and natural growth.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
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