[Proposal] Allocate incentives to PancakeSwap farm

Original Author(s): rayanami Forum proposal: https://forum.truefi.io/t/proposal-pancakeswap-liquidity-pool/470

Summary:

• This proposal seeks to allocate 500,000 USD worth of TRU to be used towards PancakeSwap liquidity incentives expected to run for 3 months.

Background:

• Proposal aims to grow TrueFi’s audience on Binance Smart Chain, increasing liquidity and utility for TRU.
• Expected dev work for this proposal is minimal; TRU is already tradable on Binance Smart Chain (https://bscscan.com/token/0xb4fcdcb8a0b29247466720ff81587d1a6f4fc4d7).

Details:

• Emissions for this proposal would total ~1.5 million TRU distributed over a 3-month period (based on $0.32 TRU price as of writing on April 23, 2021).
• TRU emissions for this proposal would be provided from the incentive allocation of the TRU token supply.
• Proposal would represent emissions of ~17,000 TRU per day for 90 days, an increase of 6.4% on top of current emissions of 271,244 TRU per day to existing pools, including the upcoming Sushiswap TRU/ETH farm.
• Incentive program would take effect upon integration by the PancakeSwap team.