DeFiCh / dfips

DeFiChain Improvement Proposals (DFIP) & Community Fund Proposals (CFP)
https://defichain.com
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CFP: Continue DFI rewards on BSC DFI-BNB pool on BSC/ACSI.finance (20000 DFI) #256

Closed rossi256 closed 1 year ago

rossi256 commented 1 year ago

### Overview

  1. Requester(s): Michael (rossi256) for/with ACryptoS Team (BSC Yield Optimiser, Stableswap, Balancerv2 AMM on BSC)
  2. Amount requested in DFI: 20000
  3. Cycles: 1
  4. Receiving address: df1q0v6depmsdxk27ly7fp0nf7xjgxj73sm0pzx4z2
  5. Reddit thread: (first+second proposal which was voted YES, I was asked multiple times by the community to keep this going!) https://www.reddit.com/r/defiblockchain/comments/se3eiz/cfp_liquidity_pool_partnership_for_bsc_20000_dfi/

### Describe the purpose

Continue with DFI rewards for the Pool on ACSI.finance to provide good swap slippage + rewards on BSC. Back when the pool(s) were on, on 1INCH, 40-50% of Swaps routed through the very efficient DFI-BNB pool on ACSI.finance. check here yourself for various swap sizes (NOTE the pool on ACSI.finance is without DFI rewards at the moment and has much lower liquidity but is still used in swaps): https://app.1inch.io/#/56/classic/swap/BNB/DFI

Stats of previous CFP: https://github.com/DeFiCh/dfips/issues/106

How will the fund be spent?

How does this CFP benefit the DeFiChain community?

rossi256 commented 1 year ago

@Graciaho could you remove that "draft" label - seems I can't

Graciaho commented 1 year ago

Updated! Thanks for the heads up!