This post features the main takeaways from the community call, during which the Waves ecosystemâs short-term plans and longer-term strategy were revealed.
On Dec. 23, Waves founder Sasha Ivanov did a community call, discussing the Waves ecosystemâs future plans. During the livestream, he also burned 1 mln WX tokens owned by the Waves.Exchange team, which were previously locked. This comes as a holiday present to providers of liquidity to Waves.Exchange pools, as the burning of the tokens will send the poolsâ APYs skyward.
And here come the main takeaways from the community call.
The Waves ecosystem
Waves will focus heavily on turning into a full-fledged international company.
In that vein, Waves is stepping up its presence in the United States. A U.S. company has been launched, and the main operations will be run out of the U.S.
For January-February 2022, a major marketing campaign is planned.
In 2022, a new network, Waves 2.0 will be launched, which will be connected to the Waves blockchain by a bridge. The main goal will be to solve the scalability issue. More details will be available in the Waves 2.0 whitepaper.
Special attention will be paid to fostering development activity on Waves. Currently, negotiations with VCs are in progress on an investment fund for projects building on Waves. Also, an incubator will be launched for U.S.-based developers, and hackathons will be run.
There will be no rebranding for Waves, as itâs a strong brand that doesnât need rebranding. However, some products in the Waves ecosystem could be rebranded.
Email accounts will shortly be integrated into Waves Keeper.
Waves.Exchange
A new fee structure for trading operations will be introduced. Trading fees will go up, and the size of fees will depend upon an orderâs value: the higher the value, the higher the fee.
Many new trading tools will be added, such as derivatives and decentralized futures.
About 20 new coins will be listed to give traders more options.
More steps towards complete decentralization will be made, such as the launch of fully trustless gateways. Although Waves.Exchange offers quite a high degree of decentralization, currently, the gateways are custodial.
Negotiations are in progress with a major gaming company to run an IDO on Waves.Exchange in early 2022.
More IDOs will follow, which will be open for participation to users who have locked their WXÂ tokens
Before the yearâs end, users will get an opportunity to deposit just one of the pool assets to Waves.Exchange pools.
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