Dymension opens the proposal voting for "Launching the First Round of AMM Liquidity Provider Incentive Plan"
Dymension Community's latest proposal #4 aims to launch the first round of Automated Market Maker (AMM) liquidity incentive program by automatically distributing DYM tokens to specific liquidity pool providers. This is to aggregate liquidity, reduce transaction slippage, and create a basic liquidity layer for the Dymension ecosystem. The proposal plans to release 300,000 DYM tokens from the incentive manager, which will be linearly distributed within a month after the proposal is passed. Currently, the proposal has started voting.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Fantom (FTM) price surges 40% in a month — What’s behind the momentum?
MicroStrategy is selling $700 million more in convertible senior notes to buy back debt and more bitcoin
MicroStrategy is selling up to $700 million in senior convertible notes to fund additional bitcoin purchases and buyback debt.The firm holds about $14 billion worth of bitcoin, including a $1 billion purchase last week.
Norwegian Town Faces Price Surge After Bitcoin Mine Shutdown, Residents Hit with Higher Bills
Risc Zero aims to bring blockchain security to ‘any’ off-chain app