GDR #010: Cross-Chain / Bridge Liqidity Pool Incentive Program from Treasury

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

  1. Yes, we are providing an additional 25.000 DIA for a new bridging LP program
  2. No, we are not providing an additional 25.000 DIA for a new bridging LP program
3 Likes

Snapshot link: Snapshot