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The progress of Quai's listing is confusing. It's been months, and mainstream exchanges still haven't taken any action, resulting in the project's liquidity being forced to disperse to smaller exchanges. This is really frustrating.
The issue isn't with Quai itself. Just look at what some top-tier exchanges have recently listed— a bunch of vapor projects and things with little technical content. Meanwhile, Quai, a Layer 1 project with real use cases, is left on the sidelines.
What is the exchange's listing strategy really thinking? Not listing quality projects, but instead focusing on hype around trash coins. How does this contribute to users? Market fragmentation only drags down the overall liquidity efficiency of the ecosystem. It's really time to reassess the prioritization of listings.