🇺🇸5th DeFiChain Improvement Proposal: Introducing LTC-DFI Liquidity Pool
The decentralized exchange (DEX) has been operating stably for a month now at DeFiChain. Hence, it is time to introduce more liquidity pool pairs to the DEX.
Introduction of LTC-DFI liquidity pool.
Based on the market cap of LTC, it is being proposed that the funding incentive will be 2 DFI per block, offered as a liquidity mining reward for this pool. Funding will be sourced from the remainder of airdrop fund.
This allows for more liquidity mining options and should attract new users.
Upon approval, this proposal will be implemented as soon as possible.
Important Information regarding the proposal
With the DeFiChain Foundation running no masternodes themselves, the outcome of this proposal is entirely in the hands of the community.
We do hope, however, that you accept this proposal in order to further improve decentralization of the DeFi Blockchain.
Voting for DFIP 4 will commence today, on 7January 2021 at 20:00 SGT, and end on 11 January 2021, at 20:00 SGT.
Before making your decision, we encourage you to discuss your thoughts on this proposal with the wider community on Telegram and GitHub. We would love to hear your feedback, or any questions and concerns you might have.
As to how the voting will take place: you will receive an email from us soon, explaining how you can cast your vote, whether you are running your own masternode or staking on a platform like Cake.
We welcome any feedback and look forward to hearing your opinion!