PROPOSAL: ATOM liquidity mining incentives campaign

Summary: The purpose of the post is to create a discussion about the creation of a fund from the community pool to start a liquidity mining program for ATOM activities around cosmos DeFi and how to finance it. Background: Liquidity mining is one of the strongest crypto tool to attract users and help the hesitant ones to do the jump from a chain to another one. Avalanche is one of the most obvious examples: C-chain activity was stagnant for several months and jumped from 30k daily txs to more than 300k daily txs just three months after they launched the incentives program on 18/08/2021, peaking at 1M daily txs afterwards. ( Avalanche Stats: View Network Activity ) Of course liquidity mining isn’t enough, the actual product is what makes it useful and not just a feast for mercenary farmers. Proposal: Considering the launch of interchain accounts, which will unlock the true potential of IBC and CosmosFi interoperability and composability i think it’s time for an ATOM incentives program to attract users, make them discover interchain accounts and cement ATOM’s role as the native currency of the cosmos. Two options: • Limited time incentive campaign, targeting Osmosis…

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