Proposal template

For reference, the template:


Describe what this proposal is about


Explain why this pool needs incentivization


Detail description of your proposal, including all revelant information. Here are some topics that could be relevant in a proposal to deploy VirtuSwap DEX on additional chain, for example:

  1. Chain information: Provide information on the protocol’s usage and community (TVL, trading volume, DEXes available on the chain), governance structure, tokenomics.
  2. Oracles: Does the protocol rely on external oracles? If so, provide details about the oracles and their implementation in the protocol.
  3. Audits: Provide links to audit reports and any relevant details about security practices.
  4. Centralization vectors: Is there any component of the protocol that has centralization vectors? E.g. if only 1 dev manages the project, that is a centralized vector. If price oracles need to be updated by a bot, that is a centralized vector. If liquidations are done by the protocol, that is also a centralization vector.
  5. Funding: does your proposal require funding for execution? if so, elaborate as much as possible the proposed used of the fundings (hire dev team? incentivize liquidity on the new DEX?), if possible breakdown funding to mileston, etc.
  6. Value: how will your proposal create value to VirtuSwap DAO and the general DeFi community?

References/Useful links:

Link to:
• Website
• Documentation
• Github Page
• Communities
• Any other useful links