| id | title | author | discussions-to | company_name | category | focus_area | open_source | amount_requested | status |
|---|---|---|---|---|---|---|---|---|---|
81 |
VoteCoin - DAO Liquidity |
Everyday Algonaut, Ludo Scholtz (@scholtz) |
VoteCoin DAO |
Community |
User Onboarding |
true |
32000 |
Approved |
Vote Coin DAO incentivizes low AMM LP fee pools so that the algorand ecosystem has better incentivization on better DEX aggregators and for end users the swap quotes between bitcoin, algorand and usdc are better.
We request grant to increase the AMM liquidity. With 32k Algos received from this grant we will split it to 4 baskets equaly - algo, usdc, btc and gold. Vote coin DAO will add equal stake in $vote tokens and will increase the liqudity in the pools.
We will increase these pools:
- Vote/Algo - 8k algo plus vote token worth of 8k algo
- Vote/USDC - USDC worth 8k algo plus vote token worth of 8k algo
- Vote/BTC - BTC worth 8k algo plus vote token worth of 8k algo
- Vote/Gold - ASA.Gold token worth 8k algo plus vote token worth of 8k algo
Scholtz - Product owner. Active on Algorand forum, runs a few projects in Algorand ecosystem such as the VoteCoin, A-Wallet, Aramid Bridge, Stabilitas, ASA.Gold. Has been winner in few hackathons, such as Algorand encode hack 2021, EUvsVirus, Swiss blockchain hackathon 2021, Bitcoin bankathon, Encode DAO hack, Algo HackJam, Greenhouse hack III, Mega Ace Hackathon, ...
Scholtz & Co is management company for Vote Coin DAO.
Scholtz & Co is relay node runner.
We provide many open source tools to help algorand communities - https://github.com/scholtz?tab=repositories&q=algorand
With this grant request we will increase the liqudity of the Vote Coin token.
- Better swap prices between algorand, bitcoin, usdc and gold.
- Better marketing for vote coin project where community can start their own DAOs for free