[DIP-23] Proposal to Incentivize a DFX/WETH liquidity pool on Arbitrum

DFX Proposals
1

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.

Motivation

  1. To bootstrap DFX liquidity on Arbitrum
  2. To increase the overall exposure of DFX to a wider audience.

Specification

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.

Implementation

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.

Pros

  • Provides an easy way to trade DFX on Arbitrum
  • Allows DFX to be distributed to those providing value in the form of liquidity.

Cons

  • Additional 25000 DFX/month inflation
2
  • Yes, this is the way.
  • No, this is not the way.

0 voters