Interchain DEX liquidity kickstarter

The JunoSwap Core development team requests 2,999,205 JUNO in order to kickstart liquidity incentives on the Interchain DEX. The following pairs will be incentivized:

• JUNO/ATOM
• JUNO/RAW
• JUNO/UST

This is beneficial in order to increase early liquidity (attract LPs) and most importantly to ensure that price slippage is reduced.

This proposal, if passed, would distribute the requested funds to a multi-sig managed by Jake Hartnell (Core-1 & stargaze), The Frey (Core-2 & Needlecast) & Dimi (Core-1 & stakefish) which will deploy the funds to the above mentioned pools on a monthly basis, starting once the external incentive contract is completed & tested extensively. Should the contract for whatever reason not be production ready, all funds would be returned to the community pool.

The prop #14 incentive program will last for 365 days.

• JUNO/ATOM = 3287 JUNO/day
• JUNO/RAW = 3287 JUNO/day
• JUNO/UST = 1643 JUNO/day

Important:

• These incentives will go live upon completion of the external incentive contract.
• Retroactive rewards will not go into effect for this proposal.
• Retroactive rewards may come via $RAW & the JunoSwap DAO.