MVX-Pair Liquidity

Introduction:

This proposal addresses the request of several community members who have expressed an interest in switching the liquidity for the MVX-Pair from USDC to WETH or MATIC. This proposal will highlight the positive and negative aspects of the change and its potential impact on the treasury's income and value. We encourage everyone to participate in this proposal as it is a critical point for the future of MVX and its on-chain liquidity.

Context:

Currently, the MVX-Pair liquidity is provided and paired with USDC. However, some community members have expressed interest in changing the liquidity to WETH or MATIC. USDC is a stablecoin that is pegged to the US dollar and is issued by a centralized entity, while both WETH and MATIC are decentralized cryptocurrencies, and the switch to either one could have positive and negative implications for the MVX-Pair.

Positive Upsides:

1. Decentralization: Switching the liquidity to WETH or MATIC would make the MVX-Pair more decentralized as it would remove the dependence on a centralized stablecoin.
2. Attracting more users: Some users may prefer to trade in WETH or MATIC, so switching the liquidity to WETH or MATIC may attract more users to the MVX-Pair, resulting in increased volume and liquidity.
3. More volume through aggregation: moving to WETH or MATIC could potentially lead to more aggregation opportunities through the MVX-XX pair, which could increase the volume and liquidity of the MVX pair. This would result in more revenue for the Treasury and a deeper/more stable liquidity
4. Potential for price appreciation: Tokens like ETH and MATIC are expected to appreciate in value over the long run. This appreciation, combined with the liquidity of the MVX-Pair, could result in increased value for holders

Negative Downside:

1. Volatility: WETH or MATIC are volatile assets compared to USDC, which means that the price of the MVX-Pair may be more volatile if the liquidity is switched to WETH or MATIC. This may have a positive or negative impact on the treasury's income, depending on whether the price of the WETH or MATIC goes up or down.

Conclusion:

The switch of liquidity from USDC to WETH or MATIC for the MVX-Pair has its potential positive and negative sides. It's up to the community to weigh the advantages and risks and to decide whether it's a good move. Switching to WETH or MATIC could increase decentralization, attract more users, and result in more income for the treasury. However, it could also increase volatility