Seeing that we are coming close to the launch of our CLOUD token… I was wondering if we can also put up a vote with regards to incentivising LP Pools for Sanctum. Would also love to vote on a proposal of incentivised CLOUD/INF pools on Meteora, using our locked/unlocked CLOUD tokens.
This is to increase LP TVL incentives in S2 and S3 and maybe can be initiative to new and old token holders, see below. Could also have CLOUD governance work like:
Stake CLOUD
Weighted Governance voting on SVP
Receives SVP allocation from future LST governance partners
Vote on weighting of min . req. staked CLOUD to propose inclusion into SVP.
Vote on the comm. distro of S2 & S3 .
Furthermore, maybe we can run a badge or rank program based off of a user’s profile + Stake Weight(%). This could be used in other things:
Rewards long-term users in getting early merch or mint for NFTs on upcoming project launches
Maintain strong adhesion to CLOUD value as utility to onboard gazillions into SOL ecosystem
Allows new entrants to instantly gain rewards off stake weight compound growth
I think the community would love if we can talk abt something like this during one of the future AMAs.
Just adding it here for further discussion, an excerpt from this tweet:
I believe that CLOUD is to be used for Liquidity incentives whilst promoting other LSTs including INF would be a net-benefit to further utilise the Community Airdrop budget to add more liquidity onchain.
Appreciate the support! I believe that increasing CLOUD liquidity on LST integration would aid in further growing the TVL and awareness onchain for further adoption. LETS GO!
Big agree on this, even if it’s just a small chunk. I’m in the Kamino/Meteora pool and right now the APR is super low compared to even stuff like hubsol-SOL, especially given the IL risk.
Been in this a while, Sol price bringing me down, Cloud bringing me up. Fees are slow but Farm was nice. Got in at the start around 30c and Cloud 40c now, but SOL needs to catch up.