Proponent: Bifrost and Hyperbridge (13w5qyCGFJaf3mdcWfCK2RV6UhGafwD23j71DBa8Yk3K1k4r)
Requested: 795,000 DOT
SUMMARY:
Following the positive feedback to the prior discussion post, we are following up with a treasury proposal for a Polkadot Liquidity Campaign. This proposal seeks to address the liquidity challenges within the Polkadot ecosystem by incentivizing DOT liquidity in external ecosystems. The lack of on-chain accessibility has hindered external users and liquidity from efficiently entering Polkadot, limiting its growth compared to other blockchain ecosystems.
To overcome this, the proposal suggests allocating 795,000 DOT from the Polkadot Treasury to launch a liquidity campaign. This campaign will incentivize liquidity provision for DOT/ETH and vDOT/ETH pairs on Arbitrum, Base, BNB Chain, and Ethereum mainnet. The DOT will be distributed as vDOT incentives to users who provide liquidity on selected decentralized exchanges within these ecosystems.
The primary goals are to broaden DOT's presence across key ecosystems through liquidity incentivization on key pairs. By achieving these objectives, the proposal aims to highlight Polkadot's interoperability to the broader web3 space, position DOT as a reserve asset, drive ecosystem adoption, and create pathways for developers and end-users into the Polkadot Defi ecosystem.
The proposal was initially a joint effort by Bifrost, Hyperbridge, and Snowbridge. However, due to the Big Spender limit, the total amount requested would have necessitated a Root track. To avoid this cumbersome process, the decision was made to split up the campaign proposal.
Here is the link to the full proposal: https://docs.google.com/document/d/17MvO1gjD_K-t35TInuRir2PfW25dacG9dp4JcqOZbsE/edit?usp=sharing
Proponent: Bifrost and Hyperbridge (13w5qyCGFJaf3mdcWfCK2RV6UhGafwD23j71DBa8Yk3K1k4r)
Requested: 795,000 DOT
SUMMARY:
Following the positive feedback to the prior discussion post, we are following up with a treasury proposal for a Polkadot Liquidity Campaign. This proposal seeks to address the liquidity challenges within the Polkadot ecosystem by incentivizing DOT liquidity in external ecosystems. The lack of on-chain accessibility has hindered external users and liquidity from efficiently entering Polkadot, limiting its growth compared to other blockchain ecosystems.
To overcome this, the proposal suggests allocating 795,000 DOT from the Polkadot Treasury to launch a liquidity campaign. This campaign will incentivize liquidity provision for DOT/ETH and vDOT/ETH pairs on Arbitrum, Base, BNB Chain, and Ethereum mainnet. The DOT will be distributed as vDOT incentives to users who provide liquidity on selected decentralized exchanges within these ecosystems.
The primary goals are to broaden DOT's presence across key ecosystems through liquidity incentivization on key pairs. By achieving these objectives, the proposal aims to highlight Polkadot's interoperability to the broader web3 space, position DOT as a reserve asset, drive ecosystem adoption, and create pathways for developers and end-users into the Polkadot Defi ecosystem.
The proposal was initially a joint effort by Bifrost, Hyperbridge, and Snowbridge. However, due to the Big Spender limit, the total amount requested would have necessitated a Root track. To avoid this cumbersome process, the decision was made to split up the campaign proposal.
Here is the link to the full proposal: https://docs.google.com/document/d/17MvO1gjD_K-t35TInuRir2PfW25dacG9dp4JcqOZbsE/edit?usp=sharing
Threshold
Threshold