SOSIP-14-Polygon Liquidity Mining Program

Team: Author(s): Angyts

Date: 2022/02/25

Summary:

Provide liquidity mining rewards on Polygon Sushiswap to incentivise users to bridge $SOS and seed liquidity.

Background:

Our NFT social consensus platform has launched and there will be use for $mSOS on the platform.

There will also be more dApps planned to launch on polygon in the OpenDAO ecosystem.

We need to incentivize users to bridge $SOS and provide initial liquidity so that the token can be tradable on polygon.

Assuming 300K USD of rewards is approved via snapshot. The APY should be about 120% if there is 300K total locked value.

This program will run for a year.

Key Objectives:

Total locked value of $1 M in the trading pool.