Authorize PASTA liquidity mining 💧⛏

Proposed by @monet-supply

Background

PASTA liquidity is relatively thin, with only 300-400,000 PASTA available in the Uniswap pool over the past week. This limits the ability of old holders to exit their position, and for potential new members to join the DAO.

Deeper liquidity could benefit PASTA by improving price discovery and allowing free entry and exit from the DAO, and may also increase the amount of tokens accrued to the treasury if trading volume increases as a result.

Additionally, more liquidity will increase the value and impact of any DAO approved PASTA token donations, such as the public goods funding contemplated here.

Proposal

Authorize the PastaDAO multisig to use 100,000 PASTA tokens for liquidity incentives to be distributed over an initial 7 day period.

Incentives will be drip fed directly to the Uniswap PASTA/ETH liquidity pool, so users can gain rewards simply by depositing their funds to Uniswap without needing to stake their LP tokens in an additional contract.

Next Steps

If this proposal is approved by voters, the multisig will deploy the liquidity incentive distribution mechanism and fund it with 100,000 PASTA from the treasury for a 1 week distribution period. Notice will be given to the community in Discord at least 24 hours before the rewards period begins.

Work on the distributor contract is ongoing, so the exact date liquidity incentives can begin remains TBD.

Depending on the impact and benefits of this incentives program, the community could choose to extend or modify incentives through additional proposals in the future.