P00LS x BONSAI Partner to kick-start Creator Token liquidity on Uniswap.
BONSAI and P00LS are joining forces to bolster liquidity for emerging creators. The BONSAI Grant, allocating 1 million $BONSAI tokens, aims to support liquidity on Uniswap for ten creators with tokens minted on P00LS. This strategic partnership aims to foster better opportunities for financial growth but also to build and cultivate thriving ecosystems for creators in web3.
P00LS Creators can apply for the $BONSAI grant on the Chat Box of their Creator Portal.
The mechanics of the BONSAI Grant are simple but impactful. For each creator with a $TOKEN, P00LS orchestrates the establishment of a dedicated liquidity pool on Uniswap, pairing $BONSAI with the respective $TOKEN. This exclusive pool is initially seeded with $TOKEN alone. However, the infusion of 100,000 $BONSAI tokens by the Bonsai team ignites trading within the pool, catalyzing price discovery and liquidity provision right from the token’s listing.
The ripple effects of this collaboration are manifold. Firstly, the $TOKEN experiences a surge in trading value with the injection of $BONSAI liquidity. Secondly, the establishment of two-sided liquidity on Uniswap enhances accessibility and trading efficiency for $TOKEN holders and enthusiasts. Lastly, the Bonsai DAO and team become stakeholders in $TOKEN, fostering a symbiotic relationship between both projects.
To qualify for the 100,000 BONSAI x P00LS grant, creators must meet certain prerequisites. Their P00LS token must be fully transferable, ensuring seamless engagement within the ecosystem. Additionally, prospective beneficiaries must have contributed at least one BONSAI-collectible post within the preceding month. The final selection rests with the grant committee, tasked with identifying creators positioned to make the most of this opportunity.
The BONSAI x P00LS collaboration is about financial support but also symbolizes a paradigm shift in creator empowerment and community engagement. By fostering liquidity and collaboration, this initiative lays the groundwork for a vibrant and sustainable ecosystem where creativity thrives, and value flows freely.
Discover more about P00LS on our website and on X.
