Update on Flowdesk Proposal

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Hey everyone just wanted to give a quick update to those of you that haven't already heard the news. After our proposal to hire FlowDesk for market making services on Crypto.com passed, myself and one of their employees worked through the holidays to get all of the paperwork and transfers finished and we've been up and running since January 2nd. I've worked with at least 4 market makers over the last few years and these guys are seriously exceptional.

What this means is that our listing on Crypto.com should be more secure now. I spoke directly with their team to let them know we had hired a new market maker and that we shouldn't have any further liquidity problems on their platform. They thanked me for the update and didn't really say much else. I assume they're still monitoring our volume and will update you guys if I get any further notices from them.

It would be really helpful if those of you that are purchasing SPS through a centralized exchange would consider using our trading pair on crypto.com. They are a U.S. friendly exchange and there should now be a few thousand dollars of liquidity on the buy and sell side going forward which will make it easier for on and off ramps. The higher our volume, the more secure our listing will be, so use it or lose it!

Thanks for reading.

spsdao sps splinterlands dao exchange
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8 comments
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Glad it is working out. Maybe I will give CDC another shot. I appreciate you sharing this update.

My first and only experience with them was horrible, the spread was brutal, and it has been cheaper/easier for me to swap through BSC DeFi.

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Yea, the spread should be better now. That said I can't guarantee it's the best option for people that know how to handle defi. It's a good alternative for the less crypto savvy I suppose.

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I agree. The hold time bringing fiat into an exchange also takes time. Better than nothing for those who are less crypto native and want to buy $SPS that is easily accessible.

I'd love to see big buyers be able to purchase $SPS directly from the SPSDAO OTC.

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