Proposal to Approve Emissions Adjustment for the ALEX Surge Campaign
Introduction:
The ALEX Lab Foundation recognizes the critical role that community tokens play in the success of decentralized exchanges (DEXs). Having operated for nearly three years, the ALEX AMM DEX has seen the expiration of farming rewards for many projects and meme coins. With the upcoming Nakamoto upgrade to Stacks—promising a 100x increase in transaction speed—the Foundation anticipates a surge in new users joining the Stacks ecosystem. To seize this opportunity, the Foundation proposes an increase in ALEX emissions to fuel the launch of the ALEX Surge campaign, designed to reinvigorate community token farming and engagement on the platform.
Proposal:
This proposal seeks approval for an increase in emissions by 12 million ALEX over a one-year period. The current emission schedule for 2024 is set at approximately 55.5 million ALEX.
The additional 12 million ALEX will be allocated to the ALEX Surge Campaign, incentivizing projects and meme coin communities through ALEX farming rewards.
These rewards will drive competition for social media engagement, encouraging meme coin trading and farming on ALEX. This initiative is expected to boost trading activity and farming TVL for community token pools at a pivotal time for Stacks, as the Nakamoto fast blocks go live.
For further details please see our Medium https://medium.com/alexgobtc/alex-governance-proposal-alex-surge-campaign-emissions-approval-785bc4d772d3
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