PIP-55 - Seed a liquidity pool for iJPEG

Abstract

The donation event allowed the birth of the iJPEG DAO. Donators were airdropped iJPEG tokens allowing them to govern the assets.

Currently there’s no iJPEG liquidity on DEXs, this proposal is for JPEG’d DAO to seed a liquidity pool on Sushi. This would allow new users to use the index and join it, while iJPEG holders would have a way to exit more easily if they wanted to do so.

A similar PIP is being voted on by the iJPEG'd DAO, this PIP is to validate the JPEG'd DAO putting up liquidity from its treasury (ETH and iJPEG tokens)

Seeding the pool would also add more revenue from the fees to the DAO.

Specifications

Seed the iJPEG/ETH pool with 35ETH from the DAO’s airdrop alongside 35ETH from the DAO’s treasury.