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Computable-Finance / CIPs

The CoFiX Improvement Proposal repository
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Some questions from the community #6

Open chicardos opened 3 years ago

chicardos commented 3 years ago

What is the COFI team currently working on and what can we expect in the near future? More trading pairs? Some metrics on token balances in pool? Deploy some of the ETH savings fund to buy/burn COFI?

I guess every community member will be very grateful if CoFix team shares the roadmap.

Thanks in advance!

LEGENDSTER commented 3 years ago

In the spirit of getting more questions answered here, let me tell you that work towards CoFiX 2.0 is already underway, this would enable around 1000+ new trading pairs, and more importantly the auto hedging for LPs which seems to be the leading cause for novices losing money that try becoming LP without hedging.

kjohnsonv1 commented 3 years ago

Thanks for letting us know. This is very encouraging, autohedging sounds like a great improvment in AMM and the perfect complement to the CoFiX MM approach

kjohnsonv1 commented 3 years ago

While we are here, are there any rough time frames for CoFiX 2.0 or the CoFiX DAO allowing token holders to initiate, propose and execute changes to some elements of CoFiX? For example, https://github.com/Computable-Finance/CIPs/issues/4 appears to have much support from other posters but seems like token holders have no way of progressing the CIP. Also, there appears to be no official response to it from the CoFiX team

LEGENDSTER commented 3 years ago

There are no announced timelines as of yet. I'll come back to this post when I get an update.

phantomk commented 3 years ago

There are no announced timelines as of yet. I'll come back to this post when I get an update.

has timelines update now？