With the upcoming launch of Swapr beta’s farming campaign, there has been discussions around including an additional “Showcase” pool in the campaign.
Proposal to include incentives for a WORK/DXD pool on Swapr xDai for the following reasons:
- Through its recent grant, DXdao is now a stakeholder in the Opolis system, and will also hold WORK tokens
- WORK token is a native xDai token with a wide distribution of holders (currently over 1,300 wallets)
- There is currently no DEX pool for WORK of any size on xDai Chain
- WORK token currently has the attention of the community
- A WORK/DXD pool with DXD rewards brings DXD to the attention of the ideal crowd who would be interested in DXdao
Proposal is to include the WORK/DXD pool in the campaign for 6 weeks with a target of $300,000 of Liquidity
The WORK/DXD pair is chosen as there will also be a liquid WETH/DXD pool making WORK/WETH trades accessible too.
As mentioned, it will also be a forcing function to help bring DXD to the attention of the WORK and xDai communities.
Goals for this program:
- Showcase Swapr beta’s farming to wider audience
- Tie in with a solid, growing community
- Build up a pool that could attract trading interest
- Create an incentive for people to acquire DXD
- Distribute DXD to interested staek holders