Suggestion of an increase in incentives for liquidity providers on the xdai chain

🌿 Proposals
#1

Suggestion of an increase in incentives for liquidity providers on the xdai chain
Proposal description:
*I suggest the incentives given to liquidity providers

Detailed rationale for why this proposal exists and should matter to HNY holders, the 1Hive community, and/or DAO ecosystem

Expected duration or delivery date (if applicable):
How long do you think it will take to deliver on your proposal

Team Information (For Funding Proposals)

Names, usernames, and/or relevant social links for team members (Twitter, Github, 1Hive Forum, etc.):

Skills and previous experience in related or similar work:
What are some of your skills or related experience that might help inform HNY holders about your ability to execute on your proposal

Funding Information (For Funding Proposals)

Amount of HNY requested:

Ethereum address where funds shall be transferred:

More detailed description of how funds will be handled and used:

#2

Is this only a suggestion for us to do it or you have a certain idea and/or strategy behind this ? It would be good if you can tell us what more can we do for the liquidity providers as they are very important to us.

Simply increasing the incentives does not guaarantee that we will have more liquidity and that the liquidity will stay, so we need a long therm strategy for that whiich is in developement right now.

1 Like
#3

@toonsevrin has a plan to reduce impermanent loss in the LPs.
I think that would be super helpful.
He shared it on Discord here: