This proposal seeks BINGO Community support for the participation to TraderJoe Market Maker (MM) reward program.
If approved, BINGO Core Contributors will send TraderJoe a fixed supply of $BINGO tokens to be used as rewards. TraderJoe (TJ) will create a 14 day epoch schedule where the top 30 wallets who generate the most fees will receive $BINGO rewards.
The program aims at increasing BINGO awareness, reward token holders and LPs and seeks to leverage TraderJoe's outreach with some co-marketing campaigns and additional AVAX ecosystem integration.
This proposal seek Community authorisation for the utilisation of unclaimed Airdrop BINGO tokens for seeding the next 2 TJ Liquidity Mining epochs.
The total amount of unclaimed BINGO tokens is 1.6M, with a current market valuation of 32,000$.
We seek Community decision on the number of tokens to allocate for the first two epochs of TJ LM program.
1- 250k 2- 500k 3- None. Use them for something else.