GM Pendulum Community,

We're exploring the exciting possibility of introducing PEN/DOT and PEN/GLMR pools on Zenlink, each will be incentivized with PEN rewards over three months. Here are the details:
- PEN/DOT Pool: 9401 PEN each month / 28203 PEN in 3 months
- PEN/GLMR Pool: 752 PEN rewards monthly / 2256 PEN in 3 months

Launching the PEN/DOT pool introduces the first instance of native PEN trading on Polkadot for our community, aligning with our existing listings on the MEXC centralized exchange and Moonbeam's Stellaswap. The PEN/GLMR pool opens an additional route to easily obtain GLMR, necessary for gas when adding liquidity to the xcPEN/xcDOT pair on Stellaswap.

Following this phase, we will introduce incentivized XLM.s pools (Stellar’s native token, bridged to Pendulum via Spacewalk).

We're keen to gather your feedback on two fronts:
- Your ideas for the future reward structure after the first 3 months
- Suggestions for any new token pairs you'd like to see on Pendulum’s Zenlink

Your engagement and feedback are vital as we progress. Thank you for your collaboration and support!

#2 Rewards For New Zenlink Pool LPs & Expanding Token Pairs

- Problem Statement: Introducing PEN/DOT and PEN/GLMR pools on Zenlink to incentivize trading and liquidity provision.
- Significance: Enhancing native PEN trading on Polkadot and facilitating access to GLMR for liquidity provision.
- Proposed Solution: Incentivizing PEN/DOT and PEN/GLMR pools with specific PEN rewards over three months.
- Expected Outcomes: Increased trading activity, liquidity provision, and community engagement on Zenlink.

#2 Rewards For New Zenlink Pool LPs & Expanding Token Pairs

No Active Proposals