- Due to the general lack of on-chain liquidity for $ZZ token, I propose creating an incentivised balancer 80/20 zz/eth pool.
The model I’d suggest following is the one that y2k used, think it worked really well for them - it allows price discovery, while keeping the token liquid and increasing participation. Locking tokens into these pool should be incentivised via token incentives and governance participation for $vlZZ token holders.
- Establishing snapshot.org and governance process
I propose establishing an official shapshot.org governance forum, as well as specifying that the locked $vlZZ token be exclusively used to vote on governance proposals, as well as in the future eligible for protocol revenue once the fee switch is turned.
Strongly believe these changes will make the token more attractive, at very little cost to the community, in turn helping zigzag long term achieve its vision.
Thanks,
Anticode
