Proponent Address: 126AevKcm3RXJazGQWKYwtRvpjMmCBGV5W6LWeWLEc17YQ2n
Requested Amount: 1M DOT
Short Description: A continuation of our liquidity incentive program on Polkadot to maintain and deepen market liquidity for the ecosystem, covering our pools as well as working with key partners as distribution points.
Deep liquidity is the cornerstone of a vibrant ecosystem. The continuation of Polkadot’s liquidity incentive campaign on StellaSwap is vital in ensuring that we can effectively attract and retain users, projects and usecases to further grow the ecosystem.
As one the leading DEXs on Polkadot, we strongly believe that we can continue to spearhead ecosystem growth. Our track record from the first liquidity incentive campaign highlights the net benefits for the ecosystem and we believe that a continuation would allow us to maintain the market depth we’ve established and hopefully break new ground.
We have outlined a comprehensive proposal that will explicate the program in further detail.
Motivation for Grant Amount: Liquidity depth is a necessary requirement for a robust and efficient marketplace that powers the ecosystem. StellaSwap accounts for the highest trading volume in Polkadot - standing at a cumulative volume of over $2.2 Billion - and DOT grants will foster much deeper liquidity for users and help accelerate the DeFi flywheel effect by increasing network activity and exposure.
Proponent Address: 126AevKcm3RXJazGQWKYwtRvpjMmCBGV5W6LWeWLEc17YQ2n
Requested Amount: 1M DOT
Short Description: A continuation of our liquidity incentive program on Polkadot to maintain and deepen market liquidity for the ecosystem, covering our pools as well as working with key partners as distribution points.
Deep liquidity is the cornerstone of a vibrant ecosystem. The continuation of Polkadot’s liquidity incentive campaign on StellaSwap is vital in ensuring that we can effectively attract and retain users, projects and usecases to further grow the ecosystem.
As one the leading DEXs on Polkadot, we strongly believe that we can continue to spearhead ecosystem growth. Our track record from the first liquidity incentive campaign highlights the net benefits for the ecosystem and we believe that a continuation would allow us to maintain the market depth we’ve established and hopefully break new ground.
We have outlined a comprehensive proposal that will explicate the program in further detail.
Motivation for Grant Amount: Liquidity depth is a necessary requirement for a robust and efficient marketplace that powers the ecosystem. StellaSwap accounts for the highest trading volume in Polkadot - standing at a cumulative volume of over $2.2 Billion - and DOT grants will foster much deeper liquidity for users and help accelerate the DeFi flywheel effect by increasing network activity and exposure.
Threshold
Threshold