Polygon Liquidity Mining program

View proposal discussion on forum

Summary

Start liquidity mining program to incentivize borrowers on Polygon markets.

For: Allocate 6,666 CREAM for liquidity mining program on Polygon

Against: Do nothing

Background

Liquidity Mining program is definitely a powerful means to expedite the development and strengthen our partnership with Polygon. Besides, with more CREAM we put into the program, Polygon team will provide MATIC to incentivize the community.

It's a great opportunity that we can work closer with Polygon and grow the ecosystems altogether.

Allocation

6,666 CREAM (about $1mm at CREAM $150) for liquidity program.

All the incentive will be allocated in borrowing. It's the most efficient way to increase the utilization and market size. The amount to be distributed will be decided by the core team every week.