TIP4 - The 2nd phase of LON liquidity mining rewards

Tokenlon
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Background

According to the Tokenlon litepaper, 10,000,000 LON is reserved for liquidity related incentives.

 

The core team kicked off Phase I LON Liquidity Incentive on December 24, 2020 with 1,500,000 LON reward in total. The phase is about to end on January 21, 2021.

 

The team plans to start Phase II LON Liquidity Incentive on January 21, 2021. It will last for 6 weeks and end on March 4, 2021. LON reward will be rewarded in the same way to the below two liquidity pools:

  1. LON/ETH pool on Uniswap.
  2. LON/USDT pool on Sushiswap

 

Goal

Let the community decide on the number of LON used for Phase II LON Liquidity Incentive

 

Proposed Action Items

Make changes based on the voting results of the proposal, and take effect at 4:00 UTC on January 21, 2021.

 

Voting Options

  • A. Each of the two pools receives 500,000 LON as the Phase II Liquidity Incentive
  • B. Each of the two pools receives 600,000 LON as the Phase II Liquidity Incentive
  • C. Each of the two pools receives 700,000 LON as the Phase II Liquidity Incentive
  • D. Each of the two pools receives 800,000 LON as the Phase II Liquidity Incentive

 

Who can vote

If you have LON in your wallet then you are welcome to join the voting.


Voting Page

Please click here to join the voting

 

Deadline

2021.1.17 10:00 AM UTC

 

How to vote

Please see the tutorial in here

 

If you run into any questions or have any suggestions on Tokenlon, you are welcome to join our Discord group and chat with us.

 

Tokenlon,

2021.01.15

 

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