I think a commitment to deploy to Osmosis by the end of October (Is 3 months an appropriate amount of time? Or is that too much/little?) would help justify adding the WHALE/OSMO pool to the internal incentive program as it would better align the interests of the White Whale and Osmosis communities. White Whale would likely be able to attract more Osmosis token holders this way
Besides deploying to Osmosis, a commitment to improving the White Whale app would also be very much appreciated.
Things like providing information regarding:
- ‘auto’ slippage tolerance. Users shouldn’t have to go hunting for this information.
- swap fees. Unless there are no swap fees, fees should always be disclosed to users.
*the minimum amount received should be the primary figure users see while the expected amount should be placed underneath in smaller text as such information better serves the user/customer. This is something I wish Osmosis would do too, especially since the auto slippage tolerance is set at 1%, which seems to be an outdated standard, or at least becoming one as there appears to be a growing trend among new DEXs and DeFi apps on other networks having default/auto slippage tolerance settings at 0.5%.
- increase text size for information provided below the swap button.
This information shouldn’t be in such fine print. There appears to be enough space to increase the text size by at least a few points.
Even though the text size is much smaller, major props for making it readily available to users though instead of making it an option users have to select to see. Personally, I believe such information should always be immediate presented to users. Anything less than that is hiding information, at least in my book. I was very disappointed in Osmosis when it made the change to hide this information from their users.
- make the flash loan feature available for everyone to use.
I may only know how to write STATA code, which is at least enough to know what is going on here and figure out how (if I really wanted to even though it may take me some time to get right and comfortable enough to actually go through with it), but I am rather confident that that the average retail investor or trader, at least those coming from traditional finance, would have to dedicate much more time than I would to figure out. That being said, only offering flash loan services in such a manner that White Whale currently does, at least in my opinion, seems to go against its mission of empowering retail to “be the whale” and providing them with “flash loans and open-source bots to overcome the capital and knowledge barriers that exists to perform liquidations and arbitrage.” knowledge barrier, or at least a rather steep learning curve here that retail has to overcome to access this service.
I think a link to Example - White Whale Docs on the page would go a long way in the mean time.
I believe White Whale could attract more user if this service was made more accessible. Retail wouldn’t have to put so much time into learning how to code per say to use this service, and instead use that time to learn about thing like technical analysis and keeping up to date with market information and events.
I do believe that these changes would benefit current White Whale users and help it attract more users from the networks it deployed on, both current and future ones.
Also, I think working with the Comdex community to get the Comdex pools up and running since there are CMDX/OSMO and CMST/OSMO pools on both Osmosis and C-Swap, and with OSMO being a CMST collateral asset, I believe there is not only a much stronger economic added value case that justifies the WHALE/OSMO pool being added to the internal incentive program, especially if it is going to expand to Osmosis, and if both deployments are successful, I believe it could pave the way to enabling SFS as well as help White Whale expand to other ecosystem DEXs like Shade Protocol where OSMO and CMST are also found and hopefully help bring Silk to Osmosis.