WYND DEX: How to Create a Liquidity Pool Before Launch
What is the process to list on WYND DEX before launch?
The liquidity pools below will be on WYND DEX at launch. However, there is a process described later in this article to include additional pools at launch.
The trading fee will be set at 0.3% for the pools above. Fees for all pools can be adjusted via governance in the future. For other pools not included in the list above, the process to create a new liquidity pool that will be included at launch is as follows:
- Create a Commonwealth proposal by December 19th, 2022
- WYND DAO will aggregate proposed liquidity pools and submit them in an on-chain proposal on or after December 22nd, 2022
- Pools will be created upon the passage of the on-chain proposal
WYND DAO plans to release the post-launch liquidity pool listing process shortly after the DEX is deployed.
1. Create a Commonwealth discussion by December 19th, 2022
Projects must submit a Commonwealth discussion by December 19th, 2022 to be included at launch. Example Commonwealth discussion template:
At least one trading pair must be WYND. The WYND DAO Commonwealth page can be found here.
2. WYND DAO will aggregate proposed liquidity pools and submit them in an on-chain proposal on or after December 22nd, 2022
For pools included at launch, WYND DAO will submit the proposal on-chain. There will be a similar process that will be released for proposals wanting to list on WYND DEX after launch.
3. Pools will be created upon the passage of the on-chain proposal
If the proposal passes on-chain, the additional pools will be created at launch. There will be a period of time before trading goes live so that users can deposit liquidity into pools and for WYND stakers to vote on pool gauges. This is to ensure that pools have initial liquidity and the internal incentives begin day one of trading.
Learn more about WYND DEX weight gauges here.
Commonwealth discussion template
1. Discussion of XYZ token purpose, the vision of the project, links to relevant documentation, and CW20 tokens must post contract address
2. Proposal itself, see template below
Discussion
[Text][Links][Contract Address]
Proposal
Create trading pairs [XYZ/WYND, XYZ/JUNO, XYZ/ABC]. (At least one pair must be WYND)
1) Fees for each pool (0.1%-0.3%)
2) (optional) External incentives provided by the proposer for each proposed liquidity pool
Vote YES to approve the creation of all pools described above
Vote NO to reject the creation of all pools described above
Vote ABSTAIN to express no opinion on the proposal
WYND DAO Social Medias
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