Stellaswap Liquidity Program - Vote passed, XCM msg failed, re-execution downvoted

1yr ago
9 Comments
Content
AI Summary
Reply
Up 2
Share
Comments

Hi, dear Alexei!

Sorry for little bit confusion, but its better to start voting thinkfully lately then never ^^

Concerning iBTC/DOT pair i think that its enough strong pair that people who really want to earn money on DOT/iBTC exchanges long-term would make pair work with or without additional INTR incentives.

However i have nothing against make couple of weeks of incentivizing it in marketing purposes, but not 8 weeks.

And as i wrote in comments i think that there is no sense to incentivize INTR/DOT pair somewhere except Interlay native frontend lately.

The only thing we can reach by incentivizing INTR/DOT is to help people sell their INTR rewards from iBTC/DOT pair. Why we should pay money for dumping our tokens guys?! That also in some sense contradicts the goal of DOT/iBTC incentives.

My proposal:

  • two weeks rewards for DOT/iBTC, 8000 INTR/day
  • no rewards for INTR/DOT at all

In this case people get some INTR, and then come to our native frontend and start look for use cases instead of immidiately dump them.

They start hodling them, or stake, or get know that we have own DEX ongoing and save them to use in INTR/DOT pair on our own DEX lately.

Reply
Up 3