RE: SPS Governance Proposal - Contract Flowdesk for SPS Market Making Services
You are viewing a single comment's thread:
Hi @clayboyn, thanks for putting this together for us!
I am in Canada and have recently used Crypto.com to acquire SPS and bridge into the game using the terablock option. Unfortunately, Binance no longer supports Canada and that is where I would normally acquire HIVE and then send it directly to my HIVE wallet. (not sure where else to get HIVE / SPS from Canada otherwise that isn't a direct purchase from the game website with a credit card).
Could you maybe explain what concerns we might have if say for example we don't use a Market Maker and instead I were to buy USDC from Crypto.com and withdraw on the BEP20 network and then use the terablock option to swap / bridge the USDC on BSC to SPS on HIVE.
Would there be liquidity issues in the long term or where does the SPS come from when we use the terablock service?
Similarly, do you know where the MetaMAsk Swap option gets its SPS from?
Thanks for your time and help!
There would be no issues using other tokens and defi to acquire SPS. The centralized exchanges are mainly for people that want super easy on/off ramps and don't feel comfortable using DeFi.
Thanks @clayboyn for the quick response!