#EVM_LP_20241031

7 messages · Page 1 of 1 (latest)

buoyant shoal
pure pebble
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This is great initiative And many users will like to use UNISWAP as MEXC is not available in many countries. Talking about myself too using just dex for now.

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I Up Vote this and Also Additionally Up Vote More liquidity according to all users opinion.

buoyant shoal
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Overall Council Sentiments:

Seems counter productive to bridge 5-35k USD VOI to other chain without any supporting data. I think that this proposal would be better supported by Aramid analytics. That is how much is currently being bridge from base and arbitrum. We also need to think more about KPIs.

I am in favour of the larger LP provision option to Base. I think this should accompany bootstrapping Nomadex and Humble/Pact LP.The community needs a place to trade on chain that doesn't crater the price and creates some stability for the price. This will enable on-chain whales to modestly start purchasing the token on EVM networks, and drive arbitrage transactions through Voi Network.

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I agree that this is needed. The only cost here would be from impermanent loss (and technological risk) and I think is well worth it to add liquidity on other chains. I'm in favor of the full $40k ask. The only question I have would be the technical implementation -- who would be tasked with bridging and adding the liquidity and managing the keys for accounts providing liquidity?

This proposal is a solid initiative for improving Voi token accessibility on more popular EVM-compatible chains. By setting up foundational LP pools rather than incentivizing through rewards, the proposal takes a sustainable approach to attract long-term participants and build a stronger DeFi ecosystem. With added specifics on execution and milestones, this project has high potential to expand Voi’s reach and liquidity.

Overall positive sentiment. The incentive model, with lower rewards due to the minimal network demands, feels fair and practical, while the hardware requirements are clear and manageable. Adding a few specifics on KPIs, like uptime standards, and a bit more detail on the budget breakdown would help potential operators and community members understand the commitment better.

While I understand that this could be valuable, I feel the proposal is a bit light on the reasoning and necessity of this LP. It would be better to know how it would benefit non-CEX users and how it has been determined there is some friction there.

Furthermore, the milestones are completely absent and, while the KPIs are mentioned, it would be good to know how these KPIs might translate into a success/failure. Having milestones might also help understand if the proposal is making an impact.

viscid bane
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Updates made to the proposal. Included links to pools on Uniswap and went for the larger LP size on Base.
I will be requesting a vote next.

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Requested vote @buoyant shoal. 🤞
Can this be expidited so it is featured in @main atlas 's Video if passed.