Proposals

Background On June 28th the Minswap staking program saw its first set of 9-month staking contracts expire. A few weeks later, Minswap V2 started rolling out and there is a high expectancy for higher rewards to MIN stakers thanks to the newly implemented features. Looking back at how the staking model has performed we have identified areas for improvement based on community feedback and our observations over the past few months. The Current Main Concerns Based on community feedback and o

Background Minswap Labs has been working on Minswap V2 since before it was announced in November 2023 at the Cardano Summit. This new Smart Contract brings a set of improvements in scaling, composability, new features and more which you can find here. Deployment of a new Smart contract requires laying out an initial plan for how Minswap V2 will work, potential Fee Sharing programs and the Fee on MIN/ADA. We desc

During Catalyst Fund 10, it was approved to Register the LP ADA in the Minswap DEX to vote on Catalyst. As part of that process, a group of community volunteers collaborated to filter the +1000 for Fund 12 proposals down to 50. In addition, a new mechanism was added to the Catalyst Filtering process after being [approved by DAO Governance](https://app.minswap.org/gov/91b9b7710659e20a949634c3636f909c

Minswap Labs has been working on Minswap V2 since before it was announced in November 2023 at the Cardano Summit. This new Smart Contract brings a set of improvements in scaling, composability, new features and more which you can find here. Migration to a new Smart contract requires two main verticals: Detailed instructions around the V2 contracts and the ways Liquidity can be migrated, as well as migrating DAO

Minswap Catalyst Improvement Proposal The current strategy for Minswap LPs to vote on Catalyst Proposals consists of a group of community volunteers that filter all Catalyst Proposals into a List of Top 50 Proposals according to a series of criteria (like prioritize open-source). Then, MIN holders choose the Top 20 amongst that List and those get voted. This proposal suggests a new avenue for Proposals to make it to the Top 50 List bas

This is a Proposal to approve the listing of the $MIN Token on the MEXC CEX with CLS as Market Makers. The Proposal includes removing 1mn USD of MIN/ADA POL for Market Making needs. In the Proposal, you can find reasoning behind why Listing $MIN on a MEXC is a worthwhile initiative, why MEXC is one of the best CEX for the moment, why Market Making as a model is the best model for hiring a Market Maker

For the last 3 months, Emissions have remained stagnant. Emissions were progressively lowered since the introduction of the Emissions Range Adjustment Proposal in July 2023. Once they met the lower bound, they remained unchanged. After 3 months of no changes, it is clear there is room for adjustments. There are several reasons for the Emissions Range Adjustment, including the conclusion on a rece

This proposal advocates for the Minswap DAO to utilize its treasury funds to mint USDM, the first 1:1 fiat-backed stablecoin on Cardano, and subsequently establish a 50/50 USDM/ADA liquidity pool within the Minswap DEX. This Proposal has several advantages such as: having the largest ADA/USDM Pool of all Cardano DEXs, Sustainable Yield Generation for the DAO, Greater Flexibility for Users, Enhanced Security and Stability through the fiat stablecoin system. You can read more [here](https://f

As has been seen in the Forum Proposal, the least efficient pool in 2023 was MIN-ADA (which is highly incentivized) due to most of the liquidity not being utilized. In order to alleviate this issue, we believe some Protocol Owned Liquidity (POL) ought to be withdrawn and deployed in other strategies. The removal of Liquidity has to be done gradually and carefully, through very thought

The current structure for Minswap DAO Governance can be seen in the Docs. As the Minswap DAO grows and evolves, the Governance structure must improve as well. This Proposal encompasses 3 measures to do exactly that: Restructure how a Proposal can get on chain: implementing a 3-Step process consisting of 1) Temperature Check Discussion, 2) Temperature Check Poll and 3) On-chain Proposal. More details around this process and guiding pri

During Catalyst Fund 10, it was approved to Register the LP ADA in the Minswap DEX to vote on Catalyst. As part of that process, a group of community volunteers collaborated to filter the +700 for Fund 11 proposals down to 50. This List of all the filtered Proposals, why they were chosen, and the score in Catalyst assessment for Fund 11 can be found [here](https://docs.minswap.org/governance/catalyst

With this proposal, we propose a $MIN Token burn that will address some of the concerns voiced by the Minswap community in the latest months. The long term aim of the DEX has always been to not entirely rely on Emissions, but rather have Trading Fees progressively become a bigger part of the yield earned by LPs. This shift towards sustainable yield also aims to transform $MIN from being a token held as a reward for farming, to being a token held for its utility. There are several reasons why a

The Minswap DAO received 45,598 $ADA as a reward for the latest Governance proposal to vote with LP ADA in Catalyst Fund 10. This Proposal aims to establish a method to allocate these rewards, and to be used for all future Catalyst rewards, unless and until this vote is replaced with a new, superseding vote. 2 Options are laid out: Option 1: Distribute 75% of ADA rewards to the wallets that voted i

On August 2nd 2023, the Minswap DAO passed a vote with 98.77% approval to Register the LP ADA in the Minswap DEX to vote on Catalyst. As part of that process, a group of community volunteers collaborated to filter the current 1,000+ proposals down to 50. This List of all the filtered Proposals, why they were chosen, and the score in Catalyst assessment can be found [here](https://docs.minswap.org/g

$MINomics V2 is a series of changes to strengthen the use case of $MIN within the Minswap protocol. The first of these changes is deciding on the future of the Fee Switch. The Fee Switch refers to the 0.05% of swapping fees paid on the DEX currently used to zap that $ADA into $MIN/$ADA LP Tokens going to the DAO Treasury. The 3 Options being proposed for the vote are: Option 1*: to redirect Fee Switch $ADA towards acquiring *other Assets such as Cardano stablecoins or “blue chip” Carda

ADA in DeFi such as Minswap LPs currently cannot take part in Catalyst voting. However, this ADA can be registered by Minswap Labs, and a vote can be conducted on which proposals get upvoted. This proposal aims to establish a workflow voting process for that with the following steps: Registration of ADA in Minswap LPs on Catalyst: registering for Catalyst voting requires only the stake key. The Smart Contract’s payment key remains inaccessible, ensuring that no one can sign transactions

This Proposal is to determine the direction of MIN Emissions management going forward. It is based on an extensive Research report where MIN emissions management is analyzed. There are 3 parts to this Proposal: Lower the lower Bound of Emissions by 50% : meaning from the current 666,666 MIN per day to 333,333 MIN per day. Be mindful that this is an adjustment to th

This Proposal is to determine the direction of the staking of ADA in Minswap Liquidity Pools. 3 Possible strategies are presented to the DAO to choose between: Randomized Decentralization*: a List of SPOs that follow a series of requirements is compiled and is ranked in a randomized manner. ADA in LPs is delegated following that random ranking. Active Stake Pool Voting*: a List of SPOs that follow a series of requirements is compiled and a second Governance vote is conducted whe

This Proposal aims to turn on the Fee Switch. The Fee Switch refers to redirecting 0.05% of the 0.3% Fee that swappers pay. The aim for the Fees accumulated from the Fee Switch is to utilize them in order to increase the DAO Treasury's Protocol Owned Liquidity (meaning the assets it owns). There are two Options proposed on how to go about it: Option 1 is to utilize the Fee to focus on increasing MIN/ADA Liquidity. Option 2 is to utilize the Fee to focus on increasing Liquidity in Tiger Farm