Summary

• Deploy Magicswap v2 as an evolution to Magicswap v1
• Begin process of migrating existing liquidity and rewards from v1 to v2
• Set baseline protocol fee to 0.3%
• Approve launch of the first NFT-ERC-20 pool on v2 by Zeeverse, as well as a blanket approval for all future NFT pool creations
• Upon the launch of Treasure mainnet, also approve in advance its deployment as the native AMM and DEX for the Treasure Chain and network of Infinity Chains

This proposal will authorize core contributors to deploy Magicswap v2, a permissionless AMM that supports ERC-20 and NFT trading. Pools currently on Magicswap v1 will begin to be migrated to v2 in collaboration with partners, and eventually to Treasure Chain. Any existing LP reward programs will be migrated to v2.

The protocol will take a 0.3% fee on transactions. Pool creators will be able to establish LP rewards. The admin will assign token creator rewards to pools.

Upon launch of Treasure mainnet, this proposal authorizes the DAO to deploy Magicswap v2 on the Treasure Chain and network of Infinity Chains.

For the full proposal, please see: https://forum.treasure.lol/discussion/23919-tip40-deploy-magicswap-v2-and-authorize-first-nfterc20-pools-by-zeeverse