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Level FinanceLevel Financeby0xEBC175b5e5323Ceae881ED165FEE6f7164a912dA0xEBC1…12dA

New Ecosystem Partner: PancakeSwap

Voting ended almost 3 years agoSucceeded

MOTIVATION To further the growth of the LEVEL ecosystem, we are constantly exploring meaningful partnerships to both deepen liquidity for LVL and expand our marketing reach.

PancakeSwap is the #1 DEX on BNB Chain across many metrics: liquidity, trading volume, user engagement, and many more. LEVEL has been invited to launch a LVL/BNB Syrup Pool on PancakeSwap, resulting in CAKE incentives for its liquidity providers.

This proposal sets the foundation for future strategic discussions between LEVEL and the highly-esteemed team of crêpe-flippers. We are also looking forward to planning jointly-organized marketing and PR activities (also, we heard they were jealous of our meme contest!).

PROPOSAL The following investment terms have been agreed upon between both teams:

  • 4x LVL/BNB farm, for a min of 160 days (~52k CAKE) dependent on healthy volume, with the option of extending incentives beyond the 160 day period if volumes are sufficient

  • 45k LVL ($315K at 7 days TWAP) for the 160-day Syrup Pool

  • AMA + meme contest together with the PancakeSwap team along with more co-marketing events in the future

VOTING OPTIONS Choose one of the following options to vote on:

YES - Cakes and syrup are yum. NO - I don’t like sweets.

ELIGIBILITY Only LGO token holders are eligible to vote.

Off-Chain Vote

YES - Cakes and syrup are yum.
6.37 LGO94.6%
NO - I don’t like sweets.
0.36 LGO5.4%
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Discussion

Level FinanceNew Ecosystem Partner: PancakeSwap

Timeline

Mar 14, 2023Proposal created
Mar 14, 2023Proposal vote started
Mar 15, 2023Proposal vote ended
Oct 26, 2023Proposal updated