This is a signalling proposal to match external incentives for Pool 553 - OSMO/ LIKE. This pool is currently externally incentivized with 15,000,000 LIKE for 164 days. The broader LikeCoin members recently passed a community pool spend proposal to renew pool incentives on Osmosis, focusing on the LIKE incentivize for Pool 553 - LIKE/OSMO pair.

About LikeCoin

LikeCoin is one of the earliest app-chain built on Cosmos in 2019 and recently joined hands with fellow Asia Cosmos builders to launch Cosmos Hong Kong Accelerator to bootstrap Cosmos presence in the region.

LikeCoin is active in HactAtoms events, contributing to the Osmosis ecosystem as a validator, and often ranked the top IBC project by developer activity.

LikeCoin is actively educating and bringing new audiences and use cases to Cosmos, and has been onboarding layer users via its applications. There are over 100k Cosmos addresses in the network, 32k creators, and over 2mil content registered on the LikeCoin chain, including tier-1 media like RollingStone

What is LikeCoin?

LikeCoin is a decentralized publishing infrastructure to create, store, publish and validate text-based content. It’s like a Web3 library system.

LikeCoin aims to democratize publishing services to ensure everyone can access affordable, transparent, and efficient publishing services. The infrastructure aims to create and maintain the authenticity and integrity of a piece of content on the internet. It also offers a network where content is published with a proper metadata layer.

Writers, publishers, and media can explore creative business models and retain fan base more meaningfully, such as Writing NFT and NFT books. Users are on board via applications such as Liker Land The Web3 Bookstore,Liker Social micro-blogging platform, Web3Press WordPress plugin.

What is LIKE?

LIKE as a token to register metadata to the LikeCoin chain, store content on IPFS & Arweave with the LikeCoin WordPress plugin, API, and web portal.

LIKE is also the native token of applications such as Liker Land and Liker Social. It is used by writers, publishers and readers to mint/ collect Writing NFT, and NFT books.

LIKE is also a reward token available for sites to monetize their content.

Website, Blog, Twitter, Discord, Github.

Commonwealth thread: https://commonwealth.im/osmosis/discussion/11222-signalling-proposal-for-likeosmo-external-incentive-match-renewal