Uniswap Liquidity Pool and Staking Proposal

Section 1 Abstract:

We propose launching a Uniswap v2 liquidity pool for MODA DAO, reducing the existing Sushiswap pool by 65% and adding an extra $150k to Uniswap, for a total initial pool of $345k. This is designed to be supported by our upcoming staking program aimed at rewarding long-term holders, liquidity providers and users of our Web3 music tools. This liquidity could be locked if approved in a separate community proposal.

Section 2 Improvement:

The proposal aims to enhance MODA DAO's visibility and participation by capitalising on Uniswap v2's significantly higher trading volume compared to Sushiswap (up to 5x more). This move also lays the foundation for our long-awaited staking program, fostering loyalty among token holders and platform users.

Section 3 Impact:

The improvement could substantially boost $MODA trading volume and visibility, attracting new participants. The staking program will incentivise long-term token holding, promoting stability, and user engagement with our Web3 music tools. This could ultimately lead to increased token value and a stronger MODA community.

Section 4 Solution:

Following approval via snapshot and community voting, the MODA team can then proceed with reallocating liquidity from Sushiswap to Uniswap v2. This will allow for the laying of important groundwork for the launch of our staking program.

Section 5 Next Steps:

Upon proposal approval, we will initiate the process of liquidity reallocation and commence preparations for the staking program launch.