Hey all. As mentioned in some of the other channels and on the call where Geronimo walked through it, I think Mix is looking amazing, and set to be a game changer, especially on the privacy preservation side vs other trackers.
Just wanted to post something here that we briefly spoke about on that call, but also relates to the recent post about revenue streams, namely adding membership rights to DXD token.
Firstly, it involves integrating Loopring’s zkRollup DEX protocol, specifically the actual DEX product, https://loopring.io, into Mix.eth, so Mix users can view their assets which are deposited in the DEX contract. It can also have the deposit/withdraw function, allowing users to enter/exit the zkRollup.
By doing so, perhaps Loopring can allow DXD holders, to enjoy a preferable tier of fee discounts. Fee schedule is seen here, trading fees for takers currently between 0.06%-0.1%. We did something called an “Honor VIP” for the first 1,500 entrants into the exchange, so something similar could maybe be done for DXD holders.
Besides adding utility to DXD, it fits with the Mix theme of A) supporting DeFi services, and B) comfort with SNARK-based protocols (although in this case for scaling Eth, not privacy).
I am unsure if/what rights can be bestowed on DXD within Loopring.io (as you see current tiers are volume & LRC based), but I believe Mix.eth will add value, so am hoping rewarding the dxDAO is viable. Especially if Mix can become a decently used portal to actually enter/exit the rollup. For now, just a thought.
Viewing a user’s assets + supporting deposits/withdrawals should be trivial. For context, this is what the Loopring DEX contract is: https://etherscan.io/address/loopringio.eth. Currently $1m of assets in there. Can see more stats at https://duneanalytics.com/loopring
Thanks. Please let me know if any questions.