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
Ethereum in wartime: Standardize, align, accelerate
Optimism’s Ben Jones highlighted the difference between peacetime and wartime Ethereum
Ethereum Whales Accumulate Over 330.000 ETH Amid Market Uncertainty
Tether posts record $13 billion profit in 2024, boosts reserves
Ethereum Could Surpass All-Time High in March on High Institutional Demand