JP-4 Open LINK.e-AVAX Market

Proposal initiated by Sarker, temperature check recorded 24 in favor and 4 against.

Overview:

LINK.e is bridged LINK token to Avalanche and most adopted Oracle platform for entire Crypto ecosystem which securing over $80B+ for Defi. Link is a central part of the DeFi ecosystem and desperately lacks quality liquidity on Avalanche. Adding it to LB would be a good way to boost that!

This is a proposal to add LINK.e as a new base asset paired with AVAX.

LINK.e is the most adopted Oracle for entire crypto ecosystem but very unfortunate that Traderjoe and infact entire Avalanche DEX'es ecosystem have nearly zero liquidity on Chainlink and LINK traders within Avalanche ecosystem still struggle to trade LINK token with minimal slippage. Right now there are nearly ~2M LINK is floating around the Avalanche ecosystem but still struggle quiet often those of us hold/trade LINK and generate any yield on LINK. Adding Link.e would make for a good V2 pair to AVAX which should drive volume coming from all the LINK holder in Avalanche ecosystem will be able to join V2 especially to take advantage on zero slippage trade from V2 and frequent rebalancing to its true price when users enter and exit. Moreover as a DEX it should be high priority to allow such high quality projects volume to grow as it onboard LINK holder to Traderjoe DEX and Avalanche ecosystem as well.

Specifications:

This proposal is for the Avalanche listing.

$LINK.e https://www.coingecko.com/en/coins/chainlink

Link to Token Contract: https://snowtrace.io/token/0x5947bb275c521040051d82396192181b413227a3

Tokenomics: https://www.coingecko.com/en/coins/chainlink/tokenomics

Offical Website: https://chain.link/

Summary:

Proposal is to add LINK.e as a base asset and open the LINK.e-AVAX V2 pool.