Executive Summary
This proposal requests the allocation of 160,000 Cyber tokens from the DAO treasury to seed liquidity on Solana and Base (80k each). The goal is to expand Cyber’s reach, improve token accessibility, and foster engagement within these rapidly growing ecosystems.
Motivation
Expanding the Cyber token to Solana and Base will tap into vibrant communities with high daily transaction volumes and active crypto x AI development. A discussion thread was posted and received feedback from community.
Specifications
- Allocation & Usage:
- Request 160,000 Cyber tokens to be bridged and deployed in liquidity pools (e.g., CYBER/USDC, CYBER/SOL, CYBER/ETH) on Solana and Base.
- Technical Details:
- Tokens will be bridged securely from existing chains with OFT standards .
- Integration will follow standard protocols on both Solana and Base, with ongoing security assessments.
- Key Partners & Platforms:
- On Solana: Collaborate with DEX platforms such as Jupiter and Meteora.
- On Base: Work with partners like Aerodrome and Velodrome.
- Impact & KPIs:
- Increase in daily active transacting addresses and overall trading volume.
- Improved liquidity depth and tighter spreads on the new pools.
Success Criteria
Success will be measured by:
- The successful bridging and seeding of Cyber tokens on Solana and Base.
- Achieving targeted liquidity pool depth with low slippage and tight spreads.
Action Plan
- Phase 1 (Weeks 1-2):
- Bridge 160k Cyber tokens from existing chains to Solana and Base.
- Set up liquidity pools on targeted DEX platforms in collaboration with key partners.
- Phase 2 (Weeks 3-4):
- Monitor performance metrics and adjust strategies as necessary.
- Phase 3 (Week 5 onward):
- Evaluate performance against KPIs and optimize liquidity management.
- Report progress and outcomes to the DAO for further refinement.
Conclusion
Seeding liquidity with 160,000 Cyber tokens on Solana and Base is a strategic step to expand our ecosystem, improve market accessibility, and drive adoption. We believe this initiative will deliver measurable benefits and look forward to your support and feedback.
