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Governance Council Notes | April 6

Forge Launch

The Diplomat Summary in The Diplomat Summary · 2023-04-06 19:32 · 0 claps · 1.0 min read
#english #governance-council #evmos #uniswap-v3 #incentives
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Governance Council Notes | April 6

Forge Launch

  • Launches on Monday
  • Funded by Community proposal
  • Partners with Stride to feature stEVMOS as a base pair
  • First DEX to utilize liquid staked tokens (LSD) as a base token
  • Try now at https://testnet.forge.trade

Benefits for Evmos Community

  • No need to choose between staking yield and participating in liquidity pools
  • Promotes growth of liquidity in Evmos DeFi

Incentives and Partnerships

  • Stride provides incentives to liquidity pools on Forge
  • No license from Uniswap required

Development Updates

  • Orbital Apes team in final phases of development
  • Public launch on April 10
  • Building partnerships and infrastructure

Fees

  • No swap fees
  • LP fees go to liquidity providers
  • Cheapest DEX in Cosmos

Future Improvements and Funding

  • Support for new teams and products
  • Funding for future development and improvements

Juno DAO to Evmos DAO Token Swap

Treasury stEVMOS/EVMOS Liquidity Pool on Forge

Funding for Interchain Info

  • Request for 1% of Community Pool or $20,000 cap across chains
  • $20,000 from Evmos
  • Half for Evmos content incentives program
  • Half for dashboard development
  • Aim to make Interchain more accessible and user-friendly

Content Incentives and Team

  • Funds to be stretched as much as possible
  • Encourage improvement before paying out incentives
  • Core team members: Timmy and Ed

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