Nash is changing… I don’t know if I like it or not.
As a member of the community since the beginning of the project, I have the feeling I get boated out step by step. All started with the pivot, announced at the beginning of the year. Back then I was already skeptical, and I’m still not a fan of the new direction.
I’ve put a lot of energy into supporting nash as good as I can. Since the middle of last year I wasn’t a trader. I slowly started to learn trading, especially with bots. In December I discovered a trading setup for myself. A lot of time went into programming the trading bot. With the bots success, I’ve founded a trading company with my brother to put even more effort into supporting nash on its way. (not only for nash, also for our self of course.)
Since then every move from nash went against us. Nash put down trading pairs, which were essential for our style of trading. Trading competitions stopped, which significantly reduced the trading activity on the exchange.
Step by step I can’t use the nash app for my daily activities. Currently there is no possibility to check the trading history, as a Tier 3 user we can’t check the created trading volumes and only get the message “unlimited xyz” (no numbers like 35k/month traded), with the latest update it isn’t even possible to perform a manual trade on nash exchange to correct small errors in the fund allocation resulting out of the bot. Everything moved to the stagnating webapp (portfolio not working at the moment btw). Why?
Why nash doesn’t care about this customer segment anymore? I do understand that there is a new focus and the main activities are happening in other sections. But this customer segment doesn’t need new developments, new products, or fancy support. All we need is to be recognized and maintained.
What do I mean with this statement?
Give us our fixed place in the app. With all these new integrations, we were just treated like a football. Just place the L2 exchange here, lets move the trading history there, now hide the orderbook part of the exchange behind this fancy button. Just take all parts of the Layer 2 exchange and place them behind a link like settings → general → layer 2 exchange/nash exchange. Out of the UI for the new users to avoid confusions, but at a fixed place to offer it those who need it. We do exist.
Start a trading competition. I’m sure there are more people than me who are willing to trade on nash. They need a small incentive. Setup the competition in a direction nash is benefiting from it. DON’T use all the received funds for the prices of the competition. As the concept and code for the competition already exists it should be possible for nash to perform such a competition without crazy needs of resources.
- Traders will benefit as they get a extra for trading
- Nash inventors will benefit as they get more staking rewards
- Nash itself will benefit as they gain money by performing the competition
- Old referral system ended at the end of July, fee shares are more predicable now
tldr; Don’t forget the customers who are trading on nash exchange. Recognize them and maintain them. I’m sure I’m not alone.