This proposal outlines a go-forward plan for the boostrapping of liquidity of DFX tokens in Arbitrum via DFX incentives and how to finance it.
- To bootstrap DFX liquidity on Arbitrum
- To increase the overall exposure of DFX to a wider audience.
75000 DFX tokens from the Treasury will be used to establish a liquidity reward program for a DFX liquidity pool over a 3-month period.
A liquidity pool would have to be created first–on Uniswap, Sushiswap, or Camelot. Open to suggestions. Rewards will be assessed and potentially extended and/or changed by the DAO after the 3-month reward program period.
- Provides an easy way to trade DFX on Arbitrum
- Allows DFX to be distributed to those providing value in the form of liquidity.
- Additional 25000 DFX/month inflation