Governance Proposal NFTP001 - DEX Launch Liquidity Mining
Should a portion of the $NFT token governance pool (size to be determined by the NFT Protocol core team) be allocated towards a "liquidity mining" initiative to coincide with the NFT.org DEX launch?
$NFT token governance pool:
The intention behind this initiative is to incentivize use of the NFT.org DEX when it launches, increase the distribution of the $NFT token and grow the NFT Protocol community. Tokens allocated towards this initiative would be claimable by ETH and Polygon addresses which provide liquidity (tentatively defined as "filled swap orders" though the NFT Protocol core team reserves the right to redefine what constitutes liquidity after analyzing swap activity after the DEX launches) to the NFT.org DEX within an unspecified (to be determined by the NFT Protocol core team) period of time after it launches.
The NFT Protocol core team will monitor data regarding NFT.org DEX swap activity after the DEX launches in order to determine a cutoff time and date for the initiative and then select an appropriate allocation size according to the data. If the NFT Protocol core team feels that an allocation larger than was discussed in the temperature and consensus checks leading up to this proposal is warranted, a subsequent proposal will be presented to NFT Protocol governance in order to approve the larger amount.
Temperature Check: https://gov.nft.org/t/temperature-check-nft-org-dex-launch-liquidity-mining-initiative/43/2
Consensus Check: https://gov.nft.org/t/consensus-check-nft-org-dex-launch-liquidity-mining-program-parameters/44
Off-Chain Vote
YES
7.48M 96%
NO
311.62K 4%
Timeline
Jul 14, 2021Proposal created
Jul 14, 2021Proposal vote started
Jul 21, 2021Proposal vote ended
Oct 26, 2023Proposal updated