How Will Integral Time Listing?

Yesterday the Integral team announced the difficult decision to suspend the Gnosis Auction step of the original listing process and delay our expectation of listing. To our community members, it seemed sudden, conflicting, confusing and even frustrating to see the announcement. We realized this and collected your feedback and concerns through a variety of channels including a survey we circulated in Discord.

We want to first thank everyone who’s shared their thoughts with us and offered constructive suggestions to our future development. These responses show that the community is still excited to build the Last Exchange with us, and the best thing we can do is to work harder towards our KPI and be more transparent to all the stakeholders, especially around decision making.

This post focuses on the community’s most common questions & concerns around the listing delay, clarifying our rationale from the original announcement, and measures we will take going forward.

How will you time listing?

Many of you pointed out, that there’s no guarantee the market will rebound because we do not have a crystal ball.

We communicated our expected date of late August, because it’s a metric-driven listing date. We believe the strongest listing day requires the following ingredients, of which are solidly in our control, most of which we are simply not ready on now:

  1. Grow to a point of strong consistent volume daily.

  2. Raise awareness about our traction, progress, and growth potential beyond our current stakeholder base.

  3. Ready outlets for token utility, specifically the ITGR staking program.

How is delaying listing taking a long-term view?

We have made good preliminary progress towards the listing metrics above, but we believe our best progress is in the coming weeks.

During the market downturn, investors across the market have set a higher bar for all projects and tokens – many of you have observed the market-wide dump across even the mature DeFi blue-chip tokens in the past month. Therefore, we choose to take this extra time to grow and buildout our project, in order to meet the criteria of even the pickiest token investors out there.

It seems illogical that a 2040-looking project cares about a short-term market crash. However, listing is never a short-term thing. For any token the first action on the open market holds incredible leverage for setting the token’s later perception and pace in the long-term.

We know as stakeholders you are with us in the long run, and simply put, we want you to feel proud as the owner of an investor of a 10,000x token. The only path forward to growing into our shoes as the last exchange, necessitates as strong a listing start as possible especially since multiple positive inputs are within the team’s reach.

The delay is painful; what do stakeholders get out of this?

We understand that any delay is borrowed time from all ITGR stakeholders and we must be mindful of the pain of illiquidity and waiting. Thus every ITGR holder will automatically earn 10% APY in ITGR (3-year vested) to your current stakes, starting effective now (2021-06-14) until the listing day (TBD). This applies to all holders, EXCEPT the team and advisory.

The intention is to incentivize the team to deliver as soon as possible regarding the listing factors in our control, along with enough flexibility to aim for the strongest listing day of our dreams.

How will you increase trust and transparency with the community?

Integral team must take better care of the community starting now, as indicated from your feedback & concerns. Integral is transitioning from being a bootstrapped project to a growing DEX with utility and thousands of new stakeholders. This is without growing pains, so thank you for bearing with us. We’ve heard you out, the need to grow up and create healthier processes for communication, transparency and building trust.

We will make the following changes which you will see moving forward:

  1. Communicate roadmap, major events, especially token-related concerns on a forum that we will roll out in a couple of weeks. For future important topics/events, we will propose on the forum to ensure stakeholder awareness and give the community a consultation period for feedback.

  2. Take the following steps towards becoming a DAO by implementing snapshot voting mechanisms.


Integral Insights


May 9th, 2024

Integral Insights April ‘24

The combined average daily volume across Ethereum and Arbitrum is now at 8.8 million USD, a remarkable 22% increase compared to last month.


April 25th, 2024

Introducing New Pool Analytics: Elevate Your Liquidity Provision Experience

A standout feature in our latest update is the "LP vs Hold" tab, which provides a comparative analysis of various holding strategies against Integral's LP positions.


April 1st, 2024

Integral Insights March ‘24

We achieved several important milestones, including a new all-time-high daily volume for Arbitrum and the addition of four new pools on the Ethereum mainnet.


March 4th, 2024

Integral Insights February ‘24

Another milestone was reached on February 21st when Integral processed over $2 billion in cumulative volume.


February 1st, 2024

Integral Insights: January ‘24

Our initial launch with the ETH-RPL pool was a success, quickly elevating us to the second most utilized liquidity pool for this pair’s trading.


January 17th, 2024

Is Liquidity Fragmentation Really That Bad?

When the token evolves into a store of value, it attracts outside traders, focusing on trading costs and slippage. This is when concentrated liquidity truly shines.


January 2nd, 2024

2023 Review

At Integral, our focus remains on developing a sustainable product for on-chain trading, serving both traders and liquidity providers.


December 12th, 2023

Integral Now Rewards Liquidity Providers with Trading Fees on Ethereum Mainnet

This enhancement enables liquidity providers (LPs) to directly receive a portion or all trading fees from Integral pools.


December 6th, 2023

Integral Insights: November ‘23

During November, Integral processed an average of approximately 6 million in volume with around 1.5 million in TVL. The system’s overall capital utilization sits at around 350%. It is the 10th most used DEX on Ethereum.


November 28th, 2023

Integral Now Rewards Liquidity Providers with Trading Fees

This enhancement enables liquidity providers (LPs) to directly receive a portion or all trading fees from Integral pools.


November 15th, 2023

How Do University Blockchain Societies Gain So Many Votes?

Explore how university blockchain societies like FranklinDAO and Michigan Blockchain have grown into influential players in DAO governance, utilizing delegated votes and strategic partnerships to shape the future of DeFi protocols like Uniswap, Compound, and Aave.


November 6th, 2023

Integral Insight: October ‘23

We give an update for our work in October and highlight a profitable LP position from a long-term user.


October 26th, 2023

Understanding the Stakes in Lido’s Growing Share of Staked ETH

The community is arguing whether a protocol may have too much control over the Ethereum network. Lido controls a large percentage of staked ETH, which could have consequences for the network’s future security and neutrality.


October 14th, 2023

Changes to Staking and Farming

Looking back at our progress so far and to the future with new updates to staking and farming.


October 11th, 2023

Integral Insight: September ‘23

We give an update for our work in September with utilization going up on higher volume for our new pools.


October 11th, 2023

The Hottest Narratives of the Summer

What were the hottest narratives of the summer? Our DeFi research team delves into the growth of trading bots, RFV traders and more in this overview.


October 2nd, 2023

Uniswap Governance: A Deep Dive

Governance is considered a critical component for the decentralization and community-driven development of DeFi protocols. We take a look at one of the largest goverance ecostystems in DeFi, Uniswap. In this blog post, we'll discuss the landscape of Uniswap's governance, pulling data from empirical research to dissect the system's delegates and proposals, revealing some interesting findings.


September 19th, 2023

What is the DAI Savings Rate (DSR)?

Our research team takes a look at the DAI Savings Rate and its influence on various yield dynamics in DeFi.


September 15th, 2023

Integral Insight: August ‘23

We give an update for our work in August with cheaper gas fees and the launch of the Integral Relayer on Arbitrum!


September 7th, 2023

Integral Relayer Launches on Arbitrum

We are excited to announce the launch of the Atomic Relayer on Arbitrum. This will bring the efficient and tested system for atomic trades to the Arbitrum Layer 2 network!