Proposal for Onboarding and Enabling Yield Farming on Viction

Proposal ID: DSP1.8
End Date: 2024/09/11 13h11 UTC
Proposer: Dackie Team

Summary:

This proposal aims to onboard DackieSwap to Viction and enable Yield Farming capabilities.

The initiative seeks to enhance trading activity and liquidity on Viction while providing compelling incentives for the community and potential partners.

Objectives and Benefits:

1. Engage with the Viction Community:

   • Integrate Viction users into the DackieSwap ecosystem, fostering mutual community growth and collaboration.
   • Integrate more deeply with products and protocols in the viction ecosystem.

2. Partner with Potential Projects on Viction:

   • Forge meaningful partnerships with promising projects on Viction, extending DackieSwap’s network and reach.
   • Leverage collaborations to pursue new initiatives, enriching the value proposition for all stakeholders.

3. Enhance Volume and TVL Across Chains:

   • Elevate trading volume and total value locked (TVL) across multiple chains, strengthening the ecosystem.

4. Increase DACKIE & QUACK Holders:

   • Boost the number of DACKIE and QUACK token holders through lucrative yield farming incentives.

Yield Farming Structure:

• Rewards Mechanism:

  Provide attractive APRs through QUACK emissions for liquidity providers.

• Rewards Structure:

  Align with QUACK tokenomics:

  Q3 2024: 350,000,000/month
  

  Chain	As-is	To-be
  Base	179,942,854	164,942,854
  X Layer	35,000,001	35,000,001
  Linea	35,000,001	35,000,001
  Blast	30,000,000	30,000,000
  Mode	20,057,143	20,057,143
  inEVM	15,000,000	15,000,000
  Viction	0	15,000,000
  DW Ambassador Program	35,000,000	35,000,000
  Total	350,000,000	350,000,000

Implementation Plan:

Step 1: Onboarding and Setup (2 days after proposal passed)

• Deploy DackieSwap contracts on Viction.
• Launch an initial marketing campaign to build excitement within the Viction team.

Step 2: Launch and Monitoring (1 week after proposal passed)

• Officially onboard Viction and activate yield farming pools.
• Continuously monitor and optimize liquidity pools and reward rates for peak performance.

Step 3: Community Engagement and Partnerships (parallel with Step 2)

• Kick off community-driven events and educational content to boost participation.
• Reach out to potential partner projects for joint marketing and collaborative services.

Conclusion:

Onboarding Viction and initiating yield farming are strategic moves intended to drive growth for both the Viction and DackieSwap communities. This collaboration can significantly increase liquidity, enhance community interaction, and foster innovative partnerships. We eagerly await your feedback and are confident in the positive outcomes this initiative will yield.

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We welcome all your feedback and look forward to your support in making this initiative a success.

Contact Information:
For any questions or further discussion, please reach out to Dackie Discord,
Category: #dsp-discussion. Topic: DSP1.8.