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PINK liquidity seeding
While there is a lot of drama going on in meme land, as far as I can tell there is only one real community coin with wide distribution, ample supply in circulation and multiple community members involved. That's $PINK
This is not a place to discuss which coin does what, but I say that to point out that the community really is behind this coin with real volume on multiple DEXs in the EVM side of things - namely beamswap, stellaswap, and braindex aggregator. I propose consideration of adding at least 40K DOT in liquidity (split 20K DOT on $DOT side and 20K DOT on $PINK side) on Hydration. I can request the aide of those more technical than I to add the liquidity to the isolated pool on Hydra
Does the community think this is something to consider? Is it worth it to support the first true memecoin on Polkadot? Is this an appropriate amount? For context, see this memecoin proposal from Avalanche which has ample trading volume from this crowd due to a similar initiative on a much grander scale
Comments (33)
we should definitely support it
@Samurai
Yes, but we should ask for a better commitment from the team, such as giving up the control rights of pink and never issuing additional shares. "ded" disappoints us so much. We don't want the Polkadot ecosystem to be full of "ded". There's "ded" everywhere, fraud, money being taken away, rug out. This will greatly damage the reputation of polkadot and the interests of all people.
Aye!