not approved
Milkomeda Djed Liquidity Provision Incentives
Current Project Status
Unfunded
Amount
Received
Received
₳0
Amount
Requested
Requested
₳42,000
Percentage
Received
Received
0.00%
Solution
We will incentivize liquidity provision by creating a hodlcoin staking vault for Djed’s reservecoin (MOR) and pay rewards aiming at a 10% APR. Users will stake MOR and receive more MOR.
Problem
The Djed Osiris stablecoin on Milkomeda has a low TVL. A major reason for this is a lack of liquidity provision incentives. By incentivizing users to provide liquidity, Djed Osiris will become known.
Impact Alignment
Feasibility
Value for Money
Team
Team Connections