iLAVA DAO VOTE 002 — OFFICIAL ANNOUNCENT! ☑️☑️☑️♨️♨️♨️

LavaSwap
2 min readAug 15, 2021

In the spirit of democracy, we are also doing a second vote beyond our first vote for iLAVA holders. This one will be specifically about future liquidity pools.

iLAVA Vote 002 — Liquidity Pool

We listen to our community and iLAVA will help decide where we are heading to!
There is 84 million LAVA (BSC) that has been reserved to be decided by our iLAVA holders. There are a few options that are popular from our community:

1. Allocate 80% of it for LAVA Liquidity Pool Rewards & decide the 20% later.
2. Allocate 50% of it for LAVA Liquidity Pool Rewards & decide the 50% later.
3. Allocate 30% of it for LAVA Liquidity Pool Rewards & decide the 70% later.
4. DO NOTHING.

Vote link: https://snapshot.org/#/lavaswap.eth/proposal/Qma1oW2nf4wuyHnzuXF6VXVjEoMsvKCAtmtaUsLarrQcLe

This vote will start roughly 12 hours after the first vote and go until August 19th.

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LAVA

LAVA is an interoperable decentralized cross-chain swap protocol powered by BSC + HECO. Since its launch, it has been actively exploring the best development model for the DEX market, with a peak TVL of $200M+. After months of research and discussion, LavaSwap has a deeper understanding of the DEX development and community user needs. V2 will make new adjustments and upgrades on the basis of the existing economic model, and is committed to leading the DEX market into the new era!

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LavaSwap

BLAZING DeFi Playground & Cross-chain Asset Bridge