How to Create A Liquidity Pool on WYND DEX
WYND DEX launched and has become the largest decentralized exchange on Juno Network. This is only the beginning of the journey. This article will discuss the process for creating new liquidity pools on WYND DEX.
Process
Create a Commonwealth proposal
In accordance to Proposition 28, all proposals must first be discussed on Commonwealth. These proposals can be submitted here. Proposals must include:
- The specific pools that will be created
- Background on the token including mission and team
- CW20 tokens must provide contract address
- External IBC tokens must include channel and IBC denom
- Documentation and GitHub links
- Social media links
- Whether an external incentive token will be provided and which specific token (one token per pool)
- Telegram or Discord username for a contact person
On-Chain Proposal
An on-chain proposal can be submitted to create the pools following the discussion on Commonwealth. Those seeking assistance with the json can reach out to the WYND team on Telegram or Discord. Proposal should follow the same general format as other proposals.
The pools will be created if the proposal passes. For the initial health of the pool, teams submitting the proposal must provide at least $1,000 in liquidity to each pool at launch.
WYND DAO Social Medias
Twitter | Discord | Telegram | Commonwealth | Reddit
