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SourceCred / LP $PRTCLE Minting Redistribution Snapshot Proposal #10

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duckcmdr opened this issue May 12, 2021 · 0 comments
Open

SourceCred / LP $PRTCLE Minting Redistribution Snapshot Proposal #10

duckcmdr opened this issue May 12, 2021 · 0 comments
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@duckcmdr
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Write a Snapshot proposal that addresses the option of halving the 20,000 minted SourceCred $PRTCLE, redistributing half of it to a weighted LP rewards pool.

PROS

  • Incentivizes liquidity providers
  • Would increase SHE liquidity and raise token ranking in Honeyswap
  • Would allow for concrete staking APY %
  • Rewards those who purchase $PRTCLE directly on the marketplace with intent to stake

CONS

  • Would cut into incentive for Discord CRED participation
  • Could alienate community members who don't hold large bags
@duckcmdr duckcmdr self-assigned this May 12, 2021
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