Proposal: Extend OPIUM/1INCH liquidity mining program

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.

2 Likes

hey, I created a proposal for that :slight_smile:

https://signal.opium.network/#/opiumprotocol.eth/proposal/QmTUNTZwYwzAoJ2oEZZPxVbqx1CCxZGhXiK9KXCUBQ7jVp

1 Like