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Mobilize 500 million EOS, The future of EOS

EOS is a 1 billion token economy, in every exchange the trading volume of EOS will be always high because EOS is the most liquid token available and even with 2 cents price difference trade volume will be high.

Today Dan propose community governance model, where community can take its own decisions and fund the projects what ever they want and also develop the technology required to increase the EOS services.

This is a huge selling idea for community, we need better dapps which are looking for funding as well as investor confidence about there investment. we have seen some instances, contracts were hacked and funds were stolen.

some dapps were not properly governed and failed to reach the top, these things made eos bleed alot. But now we can place a system where developers and community can confidently invest on projects. For validating contracts we can get the help from community or bps and do misg for those contracts. If community want they can fund the dapps and attract more value from defi projects.

Mobilize 500 million EOS :

As we all are expecting a growth strategy, We need to mobilize 500 million EOS and show the token holders they can attract value for the EOS they are holding. To achieve this idea, we can do it many ways.

  1. we can build our own IBC, to mobilize EOS token and earn fees on them.

  2. we can invest simply in the defi projects out of EOS network and get the returns on it.

Now, I want to focus on these 2 points where we have larger opportunities if we can work on these 2 points.

With the help of Dan we can build IBC very easily, but community will have questions how we can bring in the liquidity and make EOS another ETH or BTC ??

there are many IBC services already in place but most of the chains are still not having enough funds to raise awareness to investors for opportunities.

For example: P-Netowrk is having 27 million dollars worth of ptokens in it’s TVL. but this is a small share compared to 1 trillion btc economy. The next biggest chain will be the chain which is going to mobilize BTC and extract value out of it. who ever mobilizes btc will lead the blockchain community.

If EOS community build a ibc, are we able to bring btc or eth to EOS chain ?? community always thought of bringing these large cap tokens on to EOS and add value to chain. But instead of bringing them on to EOS first, we can move to the chains where we can travel.

Let’s assume, we already built IBC and it is connected to Binance smart chain, these 2 chains has cheap transaction cost and also bnb has large token value. so on binance smart chain we can lock eos/bnb pair on sushiswap or pancakeswap and earn returns on it. It is not only makes profit for token holders, it will also help chains to anchor the value of EOS with bnb. just imagine the same we did on OMG chain, Ploygon or Telos chain.

The 2nd step in this process is lets say I put a pair of eos/bnb on binance chain, I will put same pair on EOS chain on defi-box. This gives stronger hold on eos locking processes. With the high liquidity of EOS tokens, locking 500 million tokens on different chains will be a great game changer for EOS.

To achieve this process we need community open mind to invest on other chains so that we can lock the value of EOS. If you have only 10 eos that is fine you can move 10 eos to bnb chain and lock the value on bnb chain. but if the community want to move assets like btc or eth on eos chain, first we need to move eos outside eos network and create some space to non-eos chain tokens on eos network. By this open mind only eos can bring more value to EOS chain.

Now you anchored the value of EOS with 100 chains, this makes EOS stronger and resilient, this makes EOS as fast, easy and value transfer between chains. It is an indirect brand image.

I am sure most experience crypto token holders hold more than 1 blockchain token. Community should embrace this idea and extract value from our High liquid EOS and IBC tech we have in hand.

Locking EOS in rex or staking pools never yield value, it only yield tokens.

Before community thinks of opening staking pools and locking EOS, we should open the doors and mobilize 500 million EOS on other chains. This way we can get more lime light and bring more value to EOS.

It is upto community how they want to look forward, Lets hope community will look for opportunities outside EOS network while holding EOS in different networks.

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“They mostly completed the IBC tech while I was at B1. I will ask Brendan to open source that code.” Daniel Larimer.

Some of the non-app-specific pieces of it are available in the develop-boxed branch of the eos repo. Some non-app-specific pieces haven’t been released AFAIK. However, if they do get released, it will still take a lot of dev work to create app-specific parts in order to use them.