Currently, MCDEX DAO operates a USDC pool on Arbitrum and adds about $6m liquidity in this pool.
Since MCDEX has been deployed on BSC, MCDEX DAO shall operate a pool on BSC either. This pool should be on the list of the trading mining and liquidity mining.
We propose that MCDEX DAO launch a pool:
- Collateral token: BUSD
- Initial Perpetuals: BTC, ETH & BNB
We propose that MCDEX DAO authorize MCDEX Foundation as the acting operator that:
a) set the risk parameters;
b) add more perpetual swaps when needed;
c) allocate the liquidity between USDC pool on Arbitrum and BUSD pool on BSC;
- please vote on MCDEX Governance Voting App
- The proposal is approved.