Summary
Extend ongoing liquidity mining program on 1INCH<>OPIUM pair on 1inch Liquidity Protocol for next 6 months (24 weeks).
Rationale
1inch is a DEX aggregator that combines liquidity from major DEXes
. 1inch achieves the lowest slippage by splitting orders among multiple DEXes
in one transaction and bridges the liquidity if a specific trading pair lacks liquidity in all DEXes
.
There is an ongoing liquidity mining program on 1inch that incentivizes 1INCH<>OPIUM pool liquidity providers with 6250 $OPIUM/week
The ongoing program was positively welcomed by the community, thus I see the reason to extend it for the next 6 months (24 weeks).
Further steps
Once the forum topic will have sufficient discussion I will create the signaling vote on the aforementioned topic. If the signaling vote will pass to the execution’s benefit, I will create the execution vote on the Snapshot.