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

This proposal outlines a go-forward plan for the bootstrapping 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

75,000 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

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Note:

This vote will be a single-choice vote. You may vote “Yes” or “No” this proposal.

By voting “Yes” for this proposal, you are voting in favor of creating and incentivizing a DFX/WETH liquidity pool on one of Arbitrums top decentralized exchanges.