Details

Crescent DEX community is proposing to create a new SHIB.grv/bCRE pool. Adding another .grv asset will lead to increasing usage of the GB itself and its TVL.

To attract more liquidity providers into a new SHIB.grv/bCRE pool GB community agreed to provide incentives for it (Discord disscussion).

This proposal would allocate 4,000,000 Gravitons (4M GRAV) from the community pool to provide external incentives to the new SHIB.grv/bCRE LP on Crescent DEX. It will be paid out to liquidity providers over 90 days (44,444 GRAV per day).

If passed, this proposal would transfer 4M Gravitons from the Gravity Bridge community pool to

. In Discord discussion (link above) it was decided not to use multisig for this community pool spending proposal. Address was provided and confirmed by Crescent' team member.

Voting

• Voting YES for this proposal you agree that GB community should provide external incentives for new SHIB.grv/bCRE LP at Crescent DEX. As result 4 million Gravitons will be transferred to Crescent' team wallet gravity1nhwag4qqrw6z56tcl9vt64jue9cywur9ljhspt.
• Voting NO for this proposal you disagree with external incentives for new SHIB.grv/bCRE LP at Crescent DEX.

Authors

• Justin | Althea
• SW33 | Pro-Nodes validator