Context
Recently, Symbiosis has expanded into Kava: a Layer-1 blockchain that combines EVM and Cosmos in a single, scalable network. In recognition of these efforts, Kava has granted Symbiosis a tranche of tokens for further development.
Proposal
Spend the grant received from Kava most efficiently.
Options that we see:
- Put the grant into Octopool (the liquidity pool that is used for cross-chain operations), the Kava's direction.
- Use the grant to pay boosted rewards to liquidity providers for the Kava’s direction. It may attract more liquidity to Octopool.
- Other: we are open to hearing your suggestions.