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Asset migration with new bridge (or Spot?) #2144

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gordsport opened this issue Jan 29, 2024 · 0 comments
Closed

Asset migration with new bridge (or Spot?) #2144

gordsport opened this issue Jan 29, 2024 · 0 comments
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@gordsport
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gordsport commented Jan 29, 2024

Problem:

how do we do the migration of assets without losing users, or impacting them as little as possible?

Possible Ideas:

  1. Implement Spot (This has been started; whats the effort to pick back up/test vs option 2)
  2. Can we implement a simple swap/spot market: i.e. Ethereum USDT to USDT deposited from Axelar?
  • will we get someone to provide the liquidity for this?
  • put up a to asset for swap, set the from asset and give a conversion rate in a simple UI
    • considerations about how long the swap lasts for and can they change an exchange rate?
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