PIL Initiatives Update
Here’s what’s new:
1. New initiative by @EkuboProtocol
2. @SmarDex positive bribe return
3. Steady growth of $LQTY stakers
1. @EkuboProtocol, a capital-efficient AMM, has launched a BOLD/USDC pool. PIL funds will support LP incentives, with bribes and $EKUBO matching currently under DAO review.
2. Smardex was the first to bribe voters, $1K in $SDEX returned ~$1.76K in $BOLD emissions. A larger bribe is now being considered.
3. Both LQTY staker count and staked amount keep rising.
Remember that:
- Your voting power increases with time!
- There is no lock up, any kind of withdrawal penalty
- To vote, you need to deposit into the new V2 contracts
More on:
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