Follow-up Proposal: 50% Migration of X7 Liquidity to Xchange

Proposal Overview

Building upon the initial proposal for the migration of X7 liquidity to Xchange, this follow-up proposal suggests a phased approach by migrating 50% of the existing X7 liquidity from Uniswap to Xchange. The purpose remains aligned with the overarching goal of enhancing the sustainability and growth of the X7 ecosystem.

Rationale

Incremental Transition: A 50% migration provides an incremental and balanced approach, allowing the community to gauge the impact on liquidity, trading volumes, and overall ecosystem dynamics. This cautious approach addresses concerns raised during the previous voting session while still advancing towards the desired goal.

Community Feedback Integration: This proposal acknowledges and values the feedback received from the community during the previous voting process. By proposing a 50% migration, we aim to strike a balance that takes into account varying perspectives within the X7 community.

Risk Mitigation: A phased migration mitigates potential risks associated with a full-scale transition. It allows for real-time assessment and adjustments based on observed outcomes, ensuring the stability and resilience of the X7 ecosystem throughout the process.

Exclusion of Constellation Tokens

It is important to note that this migration proposal exclusively pertains to X7R and X7DAO liquidity. Constellation tokens will be excluded from this migration. This deliberate exclusion is motivated by the potential implications on the lending pool, considering the unique role of Constellation tokens. The focus remains on optimizing X7R and X7DAO liquidity to achieve the desired outcomes without adversely affecting the lending pool.

Conclusion

A 50% migration strikes a balance between the community's concerns and the strategic goals outlined in the initial proposal. This phased approach allows for adaptability, transparency, and community involvement, ensuring the continued growth and success of the X7 ecosystem.