April is coming and the Web Extension is about to be launched. Metamask integration and Liquidity V2 also coming.
Launching a pDEX Governance token for liquidity mining. #pGOV
- No Pre-mine,no ICO
*Fair Launch , IFO (Initial Farm Offering) Stake PRV to get pGOV (initial % supply release)
*Airdrop to all PRV Holders (minimum amount % from intial supply)
Start Farming pGOV with LP token once the pDEX is launched with the web version.
As a normal DEX we get LP tokens (Liquidity Pool tokens) by depositing both PRV + (COIN X) in a pool; then with those LP tokens we can stake them to get #pGOV as a reward for providing liquidity!
Block rewards from native $PRV currency could be also give to incentivize certain pools more than other, at least for the first year or two!
#pGOV utility
-Governance for all incognito Core future products (MoneyMarket,collateralized Stablecoins)
- Could be used as collateral for a future money market or stablecoin
- We could make pGOV-PRV pools where you earn double PRV to incentivize pGOV token.
-We could also create pool where people can stake pGOV only and get fees redistribuition from all pDEX platform
-Could be used to join liquidation in money market
-Also for NFTs area
Impermanent loss fixed with double mining $PRV,$pGOV + fee redistribution.
For a long term perspective we need DECENTRALIZATION :
-Network Decentralization (without fixed node - grow to 5k nodes)
-pDEX governance decentralized
-pDAO governance
-token price sustanability(adjust inflation etc)
and SECURITY:
- multisig BTC bridges (how to make a trustless BTC bridge?)
-ethereum bridge audit
-pDEX audit(liquidity, pools, governance)
And if we gonna build a money market with a decentralized and colleteralized stablecoins like Venus Protocol, but private then we also need governance for that!
What do you think about this?
I remember it was discussed before @andrey but yeah maybe we could check it another time and disccuss it!