Context

• Nil is an ecosystem of products and services looking to harmonize the relationship between the creator economy’s participants.
• There are 49,000 $NIL in circulation, 51% of those are staked.
• The ETH/NIL UNI V3 pool serves as a liquidity injection ramp.
• The Onsen LM program serves as secondary market liquidity focal point.

Challenges

• The Nil DAO needs to hold secondary market liquidity rather than rent it.

Proposal

• Create an Olympus Bond NIL/ETH
• Allocate 120,000 $NIL rewards for a 3 months program

Links

• Forum discussion