Introduction
Following the discussion on Arbitrum Liquidity, as well as the inherent risks (Add Liquidity to the Anyswap DIA Pool), we would like to propose a snapshot vote on a subsequent Bridge LP Incentive Program similar to the 2021 one DAO Vote #2: Liquidity Provision Incentives | by DIA Core Team | DIA Insights | Medium
Problem
Low liquidity on Pool on Anyswap (Arbitrum / Ethereum).
Context
This Pool is needed for DIA ART owners and stakers because the Staking Rewards are paid out in DIA on Arbitrum. See: Add Liquidity to the Anyswap DIA Pool
Solution
Additional LP incentive program for bridged DIA liquidity 25K DIA from treasury. Program structured similar to old methodology: Add Liquidity to the Anyswap DIA Pool
Benefits
Convenience and liquidity for DIA NFT/bridges token holders.
Costs
25.000 DIA + security risk
Risks
Vulnerabilities in Cross-chain Bridge Protocols Emerge as Top Security Risk, hacked tokens can be dumped on community. See: Cross-Chain Bridge Hacks Emerge as Top Security Risk
Vote
- Yes, we are providing an additional 25.000 DIA for a new bridging LP program
- No, we are not providing an additional 25.000 DIA for a new bridging LP program