Should we partner with EmpireDEX?

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READ FULL ARTICLE BY CLICKING HERE

(It's about a 3 minute read.)

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EmpireDEX has offered to host our launch on Arbitrum using their LGE platform (LGE = Liquidity Generation Event). They will be launching their DEX around the same time. We have two options for a presale:

1. Stake ETH, get back locked LP + Vertex tokens. (~200% value)
2. Stake ETH, get back only Vertex tokens. (~100% value)

The downside is that locked LP's cannot be broken, though they can be sold at a fraction of their underlying value. The upside is much stronger liquidity and favorable price action. It makes for a stronger farm but is very difficult to make a quick flip, since the value is in farming, not flipping. Locking also allows us to do "weaponized liquidity" which means the treasury can potentially use a small % of liquidity that would otherwise be unusable.

How to Vote

1. Vote for Option 1, “Locked LP LGE”, if you want to award 100–180% of initial investment in Locked LP, and 10–50% in bonus Vertex tokens with EmpireDEX’s LGE platform. Ratios TBD in future vote.
2. Vote for Option 2, “Standard Presale”, if you want a traditional presale with EmpireDEX. You get 100% of initial investment back in Vertex tokens. No user-owned locked LP tokens. No weaponized liquidity. 3 month time lock on presale liquidity, treasury owned thereafter. 3–10x more downward volatility.
3. Vote Option 3, “Crowdpooling”, if you believe we should do Crowdpooling from the first Presale proposal.
4. Vote for Option 4, “Abstain”, if you are not in favor of either EmpireDEX or Dodo as a launch platform but want to show your support by helping to hit quorum.

VOTE WISELY ;)