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Simple Summary On Oct 6th, SPA/USDs trading volume did over $430K in 24 hours, 4th most among all Arbitrum native tokens only behind GMX, DPX, and rDPX. However, these three tokens each has at least $5.9M liquidity on-chain, and SPA only has around $450K at the moment. Low on-chain liquidity has been a known issue for the SPA token, many investors hesitated to invest in SPA, and low on-chain liquidity has been their main concern. This proposal suggests increasing the SPA/USDs liquidity mining i...

Increase SPA/USDs Liquidity Mining Incentivies

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SIP-X: Increase SPA/USDs Liquidity Mining Incentives

This is the very first proposal drafted by a SPArtan! It's now time for the rest of the SPArtan community to weigh in on forum!

Forum post: https://forum.sperax.io/t/increase-spa-usds-liquidity-mining-incentivies/775

https://twitter.com/SperaxUSD/status/1578424789286662144?s=20&t=wMON-xbLsYMqCx7-960k-g

SIP-X: Increase SPA/USDs Liquidity Mining Incentives. This is the very first proposal drafted by a SPArtan.