Liquidity Status of Skate AMM
I don't know how many people are currently working on liquidity volume at @skate_chain AMM, but I would like to share the situation regarding the USDC/USDT pairing that I usually work with on Solana.
Just yesterday, there was an error due to an RPC issue, but it seems that has been resolved today. However, it appears that the liquidity for the USDC/T pairing is currently skewed to one side. Previously, there was about $2500 worth of liquidity that could move back and forth at once, but today, it seems that to swap $USDC to $USDT, you need to do about $1250 at a time, while conversely, swapping from Tether to USDC can be done in $2500 increments at once.
While Skate's technology and capability lie in minimizing slippage even with relatively low liquidity, it is indeed challenging to use in this state. I hope that once the audit is completed and cross-chain swapping is supported, it will be more accessible and convenient to use.
As for the use of Skate Chain's tokens, I'm not sure how that will turn out, but seeing Infinex in action, I believe it can establish itself as a sufficiently useful tool. The areas that need to be addressed moving forward are:
1. Overall resolution of the very low liquidity depth.
2. Initiation of support for cross-chain swaps.
3. Improvement of UX approaches to resolve the occasional issue where transactions stop regardless of the size of the funds through Discord.
That's what comes to mind.
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