CIP005 - Incentive Pearl Liquidity
Summary Incentivize PEARL liquidity to create an easier experience for users by having a 1-stop-shop to enter our protocol.
Proposal We plan to extract $10000 worth of MATIC and $10000 worth of PEARL in order to create a LP for users to purchase PEARL directly. This idea is to incentivize users to rather buy the PEARL token and already be staking over having to access the website and do the staking procedure. Also, LP fees accumulated by purchases would yield profits to the treasury. Similar, to anyone who wants to buy a wrapped token instantly and avoid possible taxes (TBA yet by the government in your country).
Vote The options will be:
- Incentivize $10000 worth of MATIC and $1000 worth of PEARL for the DEX
- Do not incentive PEARL LP on DEX
Note
- The discussion: A duration of 24 hours, starting from December 27, 2021 10:00 PM - December 28, 2021 9:59 PM
- The vote: A duration of 24 hours, start from December 28, 2021 10:00 PM - December 29, 2021 10:00 PM
- All sCLAM & PEARL holders can vote
Off-Chain Vote
For
22.05K 98.3%
Against
162.82 0.7%
Abstain
219.08 1%
Timeline
Dec 28, 2021Proposal created
Dec 28, 2021Proposal vote started
Dec 29, 2021Proposal vote ended
Oct 26, 2023Proposal updated