Our token is only as good as it's paired liquidity. If you only pair your token with ETH, it will always correlate to the value of ETH. If you pair it with BTC. it will strongly correlate to BTC. This is because a token is valued based on the liquidity it is paired with. If it is paired with 1 BTC, it is worth 1 BTC. If it is paired with 1 ETH, it is worth 1 ETH.
By pairing our token with a blend of different assets, we can take advantage of stability in some areas and growth in others, just like a well balanced crypto portfolio. On Polygon, we paired with USDC, MATIC, ETH, and ROUTE. USDC provided stability, while the others provided good upside potential and market adherence.
That's fancy talk for... stablecoin + smart crypto = good for price...
Top coins that match this criteria in the DEX's on Arbitrum are in three categories: stables, cryptocurrencies, and protocols.
We will choose 1 stablecoin, two cryptocurrencies, and 1 protocol.
Distribute your voting power across all tokens you support pairing with. If there is something else we should consider if quorum fails, please comment it below.
Vote wisely ;)