The Lisk Temperature Check vote on Snapshot ends tomorrow, and the vote currently stands at 17M For and 15M Against.
Firstly, we would like to credit the Lisk team for putting forth a dual incentives and liquidity proposal. Historically, the DAO has approved proposals for major chain launches without matching incentives or liquidity commitments. In more recent times, we’ve seen chains offer to match Uniswap’s token incentives like Manta, and we’ve seen proposals like SEI that make certain liquidity guarantees. The Lisk proposal here is the first to offer meaningful token incentives and make liquidity guarantees.
We appreciate that some of the delegates voting against this proposal are concerned by the size and activity of the newly launched chain. While that is a fair concern, a core goal of the Uniswap Revitalization and Growth program is to bet on new chains and secure Uniswap a strong market position early on before the chain scales.
Uniswap has the unique opportunity to be the core DEX protocol on Lisk, and the incentives in this proposal will not only help attract the first tranche of liquidity to the deployment but also signal to the Lisk team that Uniswap is interested in being the primary DEX on Lisk.
Without this proposal passing, Velodrome, which will soon launch on Lisk, will likely secure the primary DEX position on Lisk.
Lastly, if delegates want to see a great example of Uniswap v3 making an early bet on a chain and taking time to mature, look at what the Celo team has accomplished.