Hey guys. As you now one of the most important things for an exchange, specially when it is starting, is to get as much TVL as possible. I suppose we all agree that we should seek to increase our.
During the last few days I have been researching deeply other dex exchanges in some other L2 networks & sidechains in order to get knowledge about how could we promote Honeyswap(editado)
For example I have been investigating some in working on Fantom, Solana and Avalanche networks
They are alll being quite successful at achieving TVL by carrying two common strategies: by promoting their farms with very high APR and what is more important, by offering an airdrop for the ones that provide liquidity on those farms for the next 2-4 weeks.
And they are reaching huge quantities or TVL by doing so, like 10-16 times what we have.
That’s why I think that the airdrop of xcomb we were thinking to do should be carried out this way and not like we were thinking, because if we do it like they are doing I think we will get way higher TVL.
So I think the best way to do it would be to do the airdrop based on the liquidity provided both retroactively on 1 month before the farms open and also on the liquidty provided in the first month since the farms open.