DEX Proposal

[clayop]

A lot of people have expressed interest in having me/CNX focus on the DEX. 

If that is the case, I can create a worker proposal that will fund almost full time DEX development.  It will require about $30K per month to have Val, Ben, James, and I working on the DEX 75% of the time. 

Otherwise we will have to find other ways to make money.

What are your thoughts on such a proposal?  We would focus on API + Bond + Maker.

Where's percentage based fee? I'm wondering why you keep ignoring BSIP4. Do you think it is worthless?

[Akado]

30k per month for how long? 3-4 months? 6 months? 10 months?

I think most people ask for DEX stuff, me included, because of everything they see on bitshares.org/technology which made everyone think we'd have those features on 2.0 when we clearly don't. I think that was the major problem originally. Of course I didn't think you'd make all of that for free but if it takes $500000 to get that done then I believe most people just had the wrong and complete idea of how 2.0 would be. Lack of communication once again.

I strongly believe most people thought they would have this on 2.0 https://bitshares.org/technology/ when 1st: we seem to be heading elsewhere and 2nd: they didn't take into account you would charge for it. I'm not saying you should do this for free, but most people didn't expect to pay lik3 $300000-500000k to have all of this on 2.0

Price-Stable Cryptocurrencies - check - though it seems some aren't happy with this model
Decentralized Asset Exchange - check?
Industrial Performance and Scalability  - check?
Dynamic Account Permissions - do we have this at GUI level?
Recurring & Scheduled Payments  - Nope, at least in hte GUI
Referral Rewards Program - check
User-Issued Assets - check
Collateralized Bond Market - Nope
Stakeholder-Approved Project Funding  - Check
Transferable Named Accounts  - Dont know the status
Delegated Proof-of-Stake Consensus - check


Still, nice to see you considering DEX related stuff. Could you share a few more details what do you plan to improve? Does that include some of the stuff you mentioned when you created that list with worker proposals? Would like to know since, taking the worst case scenario values and you need 500k to make all of that a reality, at current marketcap of 9M it's a dilution of 5,5%. A list of stuff should be easier for people to consider against those values.

[bytemaster]

A lot of people have expressed interest in having me/CNX focus on the DEX. 

If that is the case, I can create a worker proposal that will fund almost full time DEX development.  It will require about $30K per month to have Val, Ben, James, and I working on the DEX 75% of the time. 

Otherwise we will have to find other ways to make money.

What are your thoughts on such a proposal?  We would focus on API + Bond + Maker.