Well.. If the centralized Binance chain is worth $200+ a token... If we ported their market cap over to the HIVE supply it works out to something like $85 pre a HIVE..
I don't know about you but that would make me pretty darn happy.
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Me too. 😅
Having an "EVM-compatible" sidechain would be priceless to Hive. We would be able to "port" so many great projects from Ethereum/BSC. Literally, there won't be a reason not to use Hive Ecosystem.
P.S. Maybe I'm biased or slightly exaggerating, who knows... 😅
It would give us the ability to use our native token to do the same functions as many of the top market cap coins..
But yeah.. I imagine the explosion of apps with true DEFI, uniswap clones and yield farms going up all over the place. One other thing is I plan to make sure we're able to bridge the other token types and address them within the EVM stack itself so nothing prevents us from doing HE token smart contracts or future SMT contracts with it.
It's going to be an assload of work, but it was born out of my own necesitty and will very likely have a great upwards price adjustment effect on the chain as the inflation gets leveled out by the EVM gas fees which ultimately get in part burnt (sent to null), distributed to miners and pay a small developer fee.
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