AIP-1: $LP Launch Pool Incentives

📌 LionDEX plans to provide incentives to early $LP mint and stakers. Provide additional incentives to facilitate the launch of PvP-AMM trading protocol on the MainNet.

📌 The mechanisms of the PvP-AMM protocol : Theoretically support zero liquidity to begin trading but larger LP (Liquidity Provider) pools will always help to smooth transactions.

📌 Firstly, Launch Pool Incentives will not change the original $GLP Rewards (ETH) owned by $LP, these additional incentives come from the token allocation of protocol growth incentives in Protocol Treasury. This scheme can maximize the attraction to potential liquidity providers, ensuring that $LP guarantees at least 1.x or more GLP real income. These contents have been announced in docs long ago.

🔗 Tokenomics: https://liondex-official.gitbook.io/liondex/tokenomics#lion

🔗 $LP Income Mechanism: https://liondex-official.gitbook.io/liondex/earn

📌 The tentative amount of $LION for Launch Pool Incentives is 10,000,000 $LION. Once the proposal is approved, 10,000,000 $LION will first be vested into esLION, and rewards will be ultimately distributed through esLION, ensuring:👇

🅰️. esLION, which requires 180 days of vesting, will not impact the current market price of $LION. 🅱️. As the trading protocol launches, esLION will represent real income without devaluation due to reward term limits.

📌 It's worth noting that although incentives are pre-extracted from the Protocol Treasury, it doesn't necessarily mean that all of them will flow into the market through Launch Pool Incentives, as the allocation of pool incentives will be subject to change. Once the incentives period ends, any remaining esLION will be re-vested and used for future protocol growth incentives.

📌 Voting rights are based on circulating $LION and $esLION. Vested esLION is not granted voting rights in this particular vote, but may be included in future votes.

📌 You have 48 hours to participate in the proposal vote. Voting rights are based on circulating $LION and $esLION, vested esLION not being granted voting rights for this particular vote, but may be included in future votes.