Closed
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 revolves around using Fees to strengthen the Liquidity in the MIN/ADA Pool. Having a strong MIN/ADA Pool, especially in earlier stages of the project, is incredibly important as was highlighted in the LBE article.
Option 2 is more geared towards increasing and diversifying the DAO Treasury's Protocol Owned Liquidity over a basket of assets instead of focusing on MIN/ADA Liquidity. While the basket of assets proposed are Tiger Farm Assets ($MELD, $WMT, $LQ and $AADA), if Option 2 is chosen it would be necessary to also consider, evaluate and vote on different options for the Basket of Assets.
Another last Option is to decline the current proposal.