@maretus

The Coinbase listing process feels misaligned with the kind of projects that will actually grow the network. From the outside, it looks like listings are mostly driven by trading volume. I get why that matters, it’s how they make money. But focusing so much on trading volume ends up favoring and rewarding the most volatile, speculative assets on the network. Volume is a function of heavily speculation and trading. Projects with serious investors will naturally have less volume and volatility. I don’t think they should punished for this. They should be rewarded. Almost all of the high-volume tokens that Coinbase has listed haven’t actually grown. They just trade violently at a slightly higher floor. There’s nothing that is growing consistently over time which is a bad look for Coinbase. No one wants to invest in choppy charts that go -70% randomly. It feels like listings would improve if Coinbase looked at metrics besides just volume. Things like holder count, app usage, and community sentiment seem just as important. If nothing else; it would be a great way for Coinbase to reward strong builders and active communities on Base.

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