Revoke grant "Decentraland X Powered by Decentraland"

by 0x521b0fef9cdcf250abaf8e7bc798cbe13fa98692 (Kyllian)

This poll is to revoke the grant "Decentraland X Powered by Decentraland". The grant is trying to deploy a "Decentraland Native DEX" which is just an outdated version of Uniswap.

Alex is venting the benefits of it and that it would bring a lot of money to the DAO. But when asked how he plans to achieve that, and when presented with the math about it, he avoids the question and answers with empty promises and no concrete plan.

Sending a part of the fee to the DAO would require either of those two options:

• Increasing the total fees for each trades, making it less attractive for traders
• Increasing the percentage that goes to the DAO rather than liquidity provider, making it less attractive for liquidity providers to add liquidity compared to Uniswap

Neither traders or liquidity providers would have any incentive to use this DEX and the tools he promises could be done on top of Uniswap instead of a Decentraland DEX.

The DAO should focus into adding liquidity to existing pools rather than creating new ones.

• Revoke
• Do not revoke
• Invalid question/options

This proposal is summarized due to technical limitations. To view it complete and vote on it, visit the DCL DAO Governance dApp