Review on Proof Of Liquidity by José A Rodríguez
Proof of Liquidity: Assets are Well-managed there, but the Chain does not offer a Reliable Liquidty
Proof of Liquidity is more than a project, a functional exchange registered under the brand of Pool-X, as it appears on its website. It works differently from other projects because it is more of an exchange dedicated to offering channels of transmission to miners working there. It is good for that task because there are certain parameters established to offer great liquidity.
The impressive part of this project is that there are many different networks connected to it. The platform is itself a kind of cross-chain pool, and many tokens are available in it. Some of Them are EOS, WAN, TOMO, and so on. The rest of the features of the network are also great because it is high in almost everything. There is great flexibility among the products and chances offered.
Now, the design of the page is so simple, but it still promotes a good cause. It is clear and understandable. All sections are organized and recognized. However, the only thing that makes it a little useful is that the volume does not contrast with the liquidity. The service has a low rating because of that.
Anyway, it is not so useful in the overall market because it's small compared to other networks.
Pros
- It is fully integrated by lots of networks from different providers, being Tron the main chain of it with increasingly good support to all features of the platform.
- It is easy to get the content of the page since it is explained in a complete and clear way.
Cons
- The service is too small for permitting other important digital assets to be part of it. This network is not mature yet, so it is difficult to show it as a reliable one.
- It has little participation compared to other services that also provide exchange alliances for mining pools.
- The liquidity offered for mining tokens and get incomes from them is not as high as it seems.
