9 تغريدة Jan 27, 2023
Imagine a grants program that funds proposals, and hands the voting power completely to the community
Wait no further 💫 🔥
ANYONE aligned with what Liquity stands for can participate to help increase:
• Awareness 🏫
• Utility 🌱
• Liquidity 📈
Introducing, LiquiFrens ™️
LiquiFrens is grants program that will provide funding for user-made proposals.
$LQTY holders will vote on which proposals get funded, thus giving holders a more hands-on role on where to steer activities within the Liquity ecosystem.
But what initiatives are eligible? 🤔
👇
Anything the community perceives as beneficial to the ecosystem!
Some suggestions for inspiration:
• Collabs & integrations
• Targeting specific markets (eg. MENA, LATAM), halal finance, ...
• FIAT on/off ramps
• Growing liquidity for LUSD
The force is with you, anon👇
How is it funded?
Liquity AG will donate the yield of the 5m of staked $LQTY to the Liquifrens initiative.
To see what the historic APRs are, check out this @DuneAnalytics dashboard: dune.com
Wen?
The private beta is live.
The official launch starts February - with the yield earned in January!
The budget for Jan is 5000 $LUSD
To learn more on how LiquiFrens addresses:
• Proposals
• Voting & Quorum
• Execution
Head over to our Discord👇
discord.gg
We already have two proposals live for voting, and LQTY holders can go and vote 🔥
Please have a look here to see what they are:
Discourse: frens.liquity.org
Snapshot: snapshot.org
A gentle reminder that LiquiFrens proposals
• Should not break any laws
• Should not unfairly benefits individuals or game the system
• Content Proposals are not suitable, as those are covered by the Community Rewards program
We will also be hosting a Spaces tomorrow where we will provide an introduction to LiquiFrens, & answer community questions
RSVP here 🤜 :

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