Matic-DG Pool on QuickSwap

Background

Per Proposal #QmbgZuy, DG will be undergoing a 1:1000 token split. The DG DAO Operates a $130M Matic Node with ~$2.4M self-staked. (See: wallet.polygon.technology/staking/validators/13)

Proposal

Establish a $3M Matic-DG Pool on QuickSwap by pairing $1.5M Matic taken from the DG DAO's node and pairing it with DG from the DAO's "$DG Wallet". This liquidity would remain in the DAO in the "Liquidity Provided" section.

Rationale

As we continue to build on Polygon and have substantial ICE-USDC LP (~ $5M) & DG-xDG LP (~$4M pending proposal #QmapRUZ), it makes sense for there to be DG liquidity for community members and investors to trade in and out of their positions. Matic is the logical token pair with because it has the deepest liquidity across other pairs on Polygon.

Previously, we either made due with < $1M in Polygon LP on QuickSwap incentivized by QUICK rewards or effectively paid for LP via partnerships with DEXes like DinoSwap. QUICK rewards continue to decrease and DEX partnerships are expensive. Another alternative would have been to incentivize LP directly via DG emission (rewards), but this is not a good use of DG given we can afford to supply the LP ourselves. While we forgo ~13% APY on this $1.5M Matic, this is a relatively small opportunity for $3M in LP that we don't need to pay for.