Extending the oneDODO-USDC liquidity mining campaign

Summary: Since the launch of $oneDODO in November 2021, over 10 million $oneDODO have been minted. It is the first branded dollar in the ICHI ecosystem to be bridged to another Layer 1 (Binance Smart Chain). Now that the original oneDODO-USDC liquidity mining campaign on the Ethereum network has ended, the DODO and ICHI teams would like to extend it.

Motivation: With the success of oneDODO, both ICHI and DODO would like to invest additional funds to continue to contribute to its growth as we look to bridge the asset to additional chains and use it as a base asset in the DODO DEX.

Benefits:

• Additional rewards to benefit LPs and incentivize deep liquidity of oneDODO.
• Dual Liquidity rewards in both $DODO and $ICHI for the oneDODO-USDC pool on Ethereum.
• Additional liquidity to allow oneDODO to be used as a base asset for creation of new pools on new blockchains. Specifications:

ICHI to:

• Provide $200k in $ICHI rewards over 2 months to incentivize the oneDODO-USDC pool on the DODO DEX on Ethereum.

DODO to:

• Provide $200k in $DODO rewards over 2 months to incentivize the oneDODO-USDC pool on the DODO DEX on Ethereum.
• Create oneDODO/USDC pools on an additional two L1/s/L2s supported by DODO and incentivize liquidity provision with DODO rewards by May 1st 2022.