This is a proposal to create an incentive for people to provide liquidity between Honey and xDai on uniswap.
In order to do so I propose we do the following:
- Deploy and Test Ampleforth’s recently released token geyser contracts
- Consider modifying or wrapping these contracts, so that we can top-up the geyser simply by transferring honey to the a contract (via conviction voting), if this proves to be too much of a pain we would just rely on an intermediary.
- Create an interface for depositing uniswap Honey-xDAI liquidity pool tokens, we can look at ampleforth’s token geyser frontend as an example (its not open source afaict)
I’ve created a honey distribution proposal to support the development effort here. The beneficiary of the proposal is a wallet I created which I will used to reward developers who help on this initiative. This Honey will not be used for funding the Geyser itself, a subsequent proposal will be made to do that once the geyser has been deployed.