Proposal: Token Allocation for CoinMarketCap Listing and Ecosystem Development

Reference: Terraport: Objectives and Actions for the Optimization of the Ecosystem

Introduction:

This proposal outlines two key token allocation initiatives and a technical update aimed at strengthening the visibility, growth, and security of the Terraport DEX:

1. Allocation of LUNC for CoinMarketCap Listing:

  • Objective: Utilize $LUNC from the Terraport governance fund to finance the listing of $TERRA on CoinMarketCap.
  • Rationale: A CoinMarketCap listing significantly increases the visibility and accessibility of $TERRA to a wider audience. This enhanced exposure can attract new users, boost trading volume, and contribute to the overall growth of the Terraport ecosystem.
  • Benefits:
    • Increased awareness and recognition of $TERRA within the cryptocurrency community.
    • Improved accessibility for potential investors and traders.
    • Enhanced credibility and trust in the Terraport platform.
    • Potential increase in trading volume and liquidity.

2. Allocation of LUNC from the Governance Fund:

  • Objective: Utilize $LUNC accumulated in the Governance Fund to finance development and growth initiatives for the Terraport ecosystem.
  • Rationale: The $LUNC accumulated in the Governance Fund represents a valuable resource that can be strategically deployed to fuel further development and expansion of the platform.
  • Proposed Initiatives:
    • Marketing and Community Growth: Initiatives to expand the Terraport community, increase user engagement, and promote the platform to a broader audience.
    • Liquidity Incentives: Programs to incentivize liquidity provision and trading activity on the platform, such as the creation of farms that provide rewards in $LUNC.

3. Updating the Governance Exclusion List:

  • Objective: Add the contract addresses of Terraport to the governance exclusion list, preventing them from holding voting power.
  • Rationale: This preventative measure ensures that contracts, not being entities with decision-making capacity, cannot influence future governance processes. This helps maintain the integrity of the voting system and ensures that decision-making power remains in the hands of the community.

Considerations:

The community is encouraged to provide feedback on the proposed initiatives and suggest alternative allocation strategies.

Conclusion:

This proposal represents a strategic investment in the future growth and success of the Terraport DEX. By allocating tokens for a CoinMarketCap listing and funding key development initiatives, we aim to improve the platform’s visibility, functionality, and overall value proposition.

Call to Action:

The Terraport community is invited to carefully review this proposal, provide constructive feedback, and actively participate in the governance process.

6 Likes

Very good proposals, yes for me

1 Like

It’s a big yes from me, put this proposal to a vote as soon as possible

This is the most likely offer that would be beneficial to me.

I agree with implementing this changes to the platform and allocate funds for listing on CMC. Big YES!

A big yess for me too :earth_africa::handshake::full_moon::rocket::fire:

This proposal is a great step forward, whether for visibility in the ecosystem and transparency of governance.

Agree. Let’s go to vote ASAP.

A good proposal, i was waiting for. A big yes from me also

I’m sure it is 100% YES for me