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RE: A Discussion about SPS, Exchanges and Market Makers

in #spslast year

So we actually have a few ways to proceed in that regard. We could strategically pick and choose a couple of exchanges, HTX and Crypto.com are the most obvious to me, and put a market maker on those specifically. We could also try to go for a bulk coverage rate, but that will be at least 2-3x the price of strategically covering 1 or 2. I am in direct contact with a few agencies so I can shop whatever we want to do for a good price.

I would personally prefer to work with a company that is completely okay with me sharing the details publicly, but if someone else offers a significantly better rate the community could decide what's worth more. Knowing the name of a company and its terms or saving money.

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I recommend that you get a cost estimate of these various option and create a post in due time, and have a discussion on that post, before putting together a proposal. I estimate take 4 weeks time to do this.