Will Songbird still be used when Flare launches?

[brianwalden]

I see a lot of people wondering about the value of SGB when Flare launches. Here's one way to think about it:

I was fortunate to discover DeFi Kingdoms (a crypto game) in late November. They have a live beta version of their site in addition to the regular version. It's the same exact game with real funds, but the beta is where they push their updates first to test them in a smaller environment. Lately I've been using the beta site exclusively because it's got all the latest updates before the official version.

In DeFi there's usually an advantage to being early. I suspect that there will be a small but significant group of people who will prefer Songbird to Flare because that's where they'll be able to use all the latest protocol features before everyone else.

[Seoulite]

9 hours ago, brianwalden said:

I see a lot of people wondering about the value of SGB when Flare launches. Here's one way to think about it:

I was fortunate to discover DeFi Kingdoms (a crypto game) in late November. They have a live beta version of their site in addition to the regular version. It's the same exact game with real funds, but the beta is where they push their updates first to test them in a smaller environment. Lately I've been using the beta site exclusively because it's got all the latest updates before the official version.

In DeFi there's usually an advantage to being early. I suspect that there will be a small but significant group of people who will prefer Songbird to Flare because that's where they'll be able to use all the latest protocol features before everyone else.

I think a big factor will be that rewards are based on levels of participation, and so if a smaller group of diehards is left on songbird they will gain more of the rewards. That will always keep a certain number of us on the network.

I agree about using the features before others, although again I think the biggest draw for others will be rewards, as you said DeFi heavily incentivizes early adoption.

Also I expect each new F asset will be an S asset first, and so the publicity that comes from each of those will keep songbird at least in the reflected spotlight of Flare.