Dymension initiates "Launch of First Round AMM Liquidity Provider Incentive Program" proposal vote.
BlockBeats News, on February 29th, Dymension community's latest proposal #4 aims to launch the first round of automated market maker (AMM) liquidity incentive program by automatically distributing DYM tokens to providers of specific liquidity pools. This is intended to aggregate liquidity, reduce trading slippage, and create a basic liquidity layer for the Dymension ecosystem. The proposal plans to release 300,000 DYM tokens from the incentive manager, which will be linearly distributed within a month after the proposal is passed. The proposal is currently open for voting.