Pillar to join Quickswap's "Dragon's syrup"

🚀 Proposals
#1

Summary: Due to popular demand to get Pillar token on more exchanges while giving it attention; QuickSwap’s “Dragon’s syrup” program is a good combination of multiple things including exposure and liquidity mining.

Dragon’s syrup summary: Dragon’s syrup works by exchanging project tokens for liquidity mining incentives. The project is then “mined” by dQuick stakers. The project gains more exposure through dQuick stakers who see the token and do research. The other types exposure come from Twitter, being whitelisted and being on Dragon’s Syrup section on quickswap.exchange. This process happens over 6 weeks.

Abstract: The DAO would give $100k worth of PLR (est. 2.5 million) from the DAO treasury to QuickSwap in order fund this program which would last for 6 weeks.

Motivation: Incentivizing liquidity mining programs on QuickSwap will lead to further exposure from miners who do their research on the project at hand. QuickSwap is currently the most popular AMM on Polygon with the most users, tokens, TVL and Volume by a good margin. They align well with Pillar culturally and their user base is familiar with community governance. QuickSwap miners might be interested in a unique multichain experience where they can hold multiple chains worth of tokens. Pillar can increase our market liquidity and expose PLR to new users that are already culturally aligned with our goals of offering a unified multichain experience.

See image for more details:

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2 Likes
#2

The official vote for this will start tommorow 14:00 BST and will last for 3 days. The vote will be done through SnapShot as we’ve done before. The links will be pasted here as well and Discord and other social medias.

3 Likes
#3

You can vote here:

https://snapshot.org/#/pillar/proposal/QmdvHM23HCgHXmLnaiUDX3qTiuxN4NU86CxfXgoro33ZyT

#4

Steps for voting on snapshot with WalletConnect on PC:

  1. Tap Connect on the snapshot page
  2. Choose WalletConnect
  3. Scan the QR code with the connect button inside your Pillar app
  4. Establish connection to Snapshot
  5. Cast your vote on Snapshot
  6. Confirm your vote signing in your Pillar app
  7. ???
  8. That’s it! All done, you’ve successfully cast your vote!

Steps for voting on snapshot with WalletConnect on mobile:

  1. Tap on the connnect arrow on the snapshot page
  2. Choose WalletConnect
  3. Confirm the connection inside your Pillar app
  4. Establish connection to Snapshot
  5. Cast your vote on Snapshot
  6. Confirm your vote by signing it in your Pillar app
  7. ???
  8. That’s it! All done, you’ve successfully cast your vote!
#5

Voting is finished in favor of the proposal. Closing the thread.

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#6
#7

Update regarding this since some time has passed. We have been communicating with QuickSwap and the deal is almost finalized. If all proceeds as planned, we are expected to join on Monday.

1 Like