We started LiquidityDAO about three months ago with the goals of forming a DAO with Governor’s focusing on Liquidity as a major trigger for Blockchain entities. Liquidity, is generally an issue that is faced by exchanges and assets that trade on them, all over. They are faced in the Capital Markets globally as well as Blockchain based Crypto exchanges.
The challenges faced by this problem is addressed by many in a very informal way and in a mode that is myopically design for specific conditions, hence not scalable across exchanges and assets. We picked up the challenge to create some formalisms in the world of Liquidity and establish a generic solution that can end up being a template that can be adopted for many, across most trading exchanges and for various types of assets. Creating a smart template and various vectors that can be used as catalyst to steer the operating domain, such that they can be measured and metrics tagged to it would be a great offering for the industry.
Within the first term we accomplished a few things, including running some market making campaign for the ONE token on a new exchange, working on creating awareness for the DAO, present the DAO publicly at ETHDenver 2022, create bounties for tools and framework generation and start establishing a community around the DAO. Albeit, some of these are in their infancy, we are excited to see what became in the last three months. With reinforced focus and energy we can make this DAO into an on-going, self-sustaining concern.
We invite some of the bright minds to join this DAO, consider submitting their candidacy for the Governor’s role and participate in the election process and help grow this into a valuable DAO for the entire Blockchain/Crypto world. Your skills and knowledge and the diversity that we want to incorporate in the LiquidityDAO’s governing body will be so valuable for all. Let’s join, share knowledge and make this world a more inclusive and cooperating environment.
We are very excited to start the second term election process. Following are the important dates for the same.
Submission of candidacy started: Sunday, March 21th, 2022, 8:00AM EST
End of submission of candidacy: Monday, March 28th, 2022, 7:59AM EST
Voting starts: Monday, March 28th, 2022, 8:00AM EST
End of voting: Monday, April, 4th, 2022, 7:59AM EST
All Harmony token holders are eligible to vote, so come on in, express your opinion and make this LiquidityDAO a strong offering for everybody, globally!
PS: More details will be announced at Snapshot