# \[PROP # 7\]\[APPROVED\] AMM Incentives # 2 **URL:** \ **Category:** Dymocracy\ **Tags:** incentives\ **Created:** [March 29, 2024, 3:22pm UTC](https://forum.dymension.xyz/t/prop-7-approved-amm-incentives-2/2736 "2024-03-29T15:22:37Z")\ **Posts on this page:** 14\ **Page:** 1
**Author:** ![Shaolin](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.dymension.xyz/shaolin/32/13_2.png) [@Shaolin](https://forum.dymension.xyz/u/Shaolin)\ **Post date:** [March 29, 2024, 3:22pm UTC](https://forum.dymension.xyz/t/prop-7-approved-amm-incentives-2/2736/1 "2024-03-29T15:22:37Z")
# AMM incentives # 2 ### Proposal This proposal is for the automated streaming of DYM tokens to liquidity providers of specified liquidity pools. This proposal sets out to release 250,000 DYM from the incentive manager with tokens distributed linearly over one month from the passing of this proposal. This is set to be released upon the completion of the current incentive distribution of 300,000 DYM. ### Context After the passing of [Proposal # 4](https://forum.dymension.xyz/t/prop-4-approved-amm-incentive-1/708) we saw a steady increase in bridged assets to Dymension. A critical step to onboarding RollApps into the Dymension ecosystem is token accessibility. With RollApps scheduled to go live with the upcoming upgrade of the Dymension network, it is vital to retain bridged assets in the ecosystem and further grow the scope of assets covered. In this proposal we aim to increase the amount of assets being incentivized (e.g. wETH, wBTC) and reduce the total amount of incentives being distributed. This manual process has been worked on with the assistance of [Numia](https://www.numia.xyz/), a Cosmos based data and development platform. The automated process of DYM incentive distribution is currently in-progress and we aim for a Q2/Q3 release of DYM incentive distributions based on vote-escrowing DYM, more information will be provided in the near future. ![Screen Shot 2024-03-29 at 10.58.55 AM](https://europe1.discourse-cdn.com/flex013/uploads/dymension/original/2X/4/4425079e88b977b121f374f6b4e76f9e8f2f407a.png) **Notable changes:** - Inclusion of ETH via Axelar - Inclusion of BTC via Osmosis (BitGo) - Reduction in stTIA and milkTIA. Both teams are incentivizing via STRD and Milkway point, respectively. ## Proposed distribution | Pool ID | Base Asset | Quote Asset | Total DYM Rewards | Change from previous month | | --- | --- | --- | --- | --- | | 002 | DYM | USDC | 70,000 | -6.67% | | 005 | DYM | USDT | 50,000 | 0.00% | | 003 | DYM | TIA | 40,000 | -20% | | 004 | DYM | ATOM | 40,000 | -20% | | 006 | DYM | stTIA | 20,000 | -60% | | 007 | DYM | milkTIA | 10,000 | -60% | | 008 | DYM | BTC | 10,000 | n/a | | 009 | DYM | ETH | 10,000 | n/a | ## Governance votes The voting period for this proposal as set on genesis is 5 days beginning from the time of deposit. The following items summarize the voting options and what it means for this proposal: - YES - NO - NO WITH VETO - A ‘NoWithVeto’ vote indicates a proposal either (1) is deemed to be spam, i.e., irrelevant to Dymension, (2) disproportionately infringes on minority interests, or (3) violates or encourages violation of the rules of engagement as currently set out by Dymension governance. If the number of ‘NoWithVeto’ votes is greater than a third of total votes, the proposal is rejected and the deposits are burned. - ABSTAIN - You wish to contribute to quorum but you formally decline to vote either for or against the proposal. ---
**Author:** ![Karan-Samanvay](https://avatars.discourse-cdn.com/v4/letter/k/df788c/32.png) [@Karan-Samanvay](https://forum.dymension.xyz/u/Karan-Samanvay)\ **Post date:** [March 29, 2024, 3:48pm UTC](https://forum.dymension.xyz/t/prop-7-approved-amm-incentives-2/2736/2 "2024-03-29T15:48:17Z")
Very well balanced incentives proposal 👏 ---
**Author:** ![Huginn](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.dymension.xyz/huginn/32/370_2.png) [@Huginn](https://forum.dymension.xyz/u/Huginn)\ **Post date:** [March 29, 2024, 3:53pm UTC](https://forum.dymension.xyz/t/prop-7-approved-amm-incentives-2/2736/3 "2024-03-29T15:53:30Z")
Easy YES from Huginn 👐 ---
**Author:** ![Thanasis](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.dymension.xyz/thanasis/32/2050_2.png) [@Thanasis](https://forum.dymension.xyz/u/Thanasis)\ **Post date:** [March 29, 2024, 4:00pm UTC](https://forum.dymension.xyz/t/prop-7-approved-amm-incentives-2/2736/4 "2024-03-29T16:00:28Z")
No incentives for Dym / stdym pool ? ---
**Author:** ![arizstemming](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.dymension.xyz/arizstemming/32/367_2.png) [@arizstemming](https://forum.dymension.xyz/u/arizstemming)\ **Post date:** [March 29, 2024, 4:15pm UTC](https://forum.dymension.xyz/t/prop-7-approved-amm-incentives-2/2736/5 "2024-03-29T16:15:54Z")
Agree - DYM / stDYM must be added imo. Lots of community members are also expecting this. ---
**Author:** ![AgoraNodes](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.dymension.xyz/agoranodes/32/556_2.png) [@AgoraNodes](https://forum.dymension.xyz/u/AgoraNodes)\ **Post date:** [March 30, 2024, 4:28am UTC](https://forum.dymension.xyz/t/prop-7-approved-amm-incentives-2/2736/6 "2024-03-30T04:28:54Z")
Looks great. Although I am wondering why wrapped bitcoin instead of using nomic bitcoin and adding incentives to nBTC rather than wBTC. It’s much easier to use and far better user experience with nomic all around as opposed to wrapped bitcoin. I think Dym dex could really position itself as the go to exchange for bitcoin in the cosmos with it. ---
**Author:** ![eunoia](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.dymension.xyz/eunoia/32/1551_2.png) [@eunoia](https://forum.dymension.xyz/u/eunoia)\ **Post date:** [March 30, 2024, 4:29am UTC](https://forum.dymension.xyz/t/prop-7-approved-amm-incentives-2/2736/7 "2024-03-30T04:29:06Z")
Also wondering about DYM/stDYM… ---
**Author:** ![Shaolin](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.dymension.xyz/shaolin/32/13_2.png) [@Shaolin](https://forum.dymension.xyz/u/Shaolin)\ **Post date:** [March 30, 2024, 4:42am UTC](https://forum.dymension.xyz/t/prop-7-approved-amm-incentives-2/2736/8 "2024-03-30T04:42:38Z")
> Why no stDYM incentives? The reasoning for no `DYM` incentives to the `DYM/stDYM` liquidity pool is that we believe liquid staked tokens of `DYM` should not be incentivized by Dymension (e.g. Stride should incentivize `stDYM` as Stride is a direct beneficiary of this asset). This is in contrast to `stTIA` and `milkTIA` as those are foreign assets and do not effect the consensus of Dymension and only add to trade revenue. We believe moving forward `DYM` incentives should not go to LST representations of `DYM` to remain credibly neutral to various LST providers, particularly as `DYM` is a consensus affecting asset. > Why Bitgo issued wrapped Bitcoin? While there are alternatives to BitGo issued Bitcoin (on Osmosis) we believe this is to be the likely version to remain dominant as Bitcoin represented as an IBC asset moving forward. ---
**Author:** ![Maximillion](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.dymension.xyz/maximillion/32/850_2.png) [@Maximillion](https://forum.dymension.xyz/u/Maximillion)\ **Post date:** [March 30, 2024, 6:05am UTC](https://forum.dymension.xyz/t/prop-7-approved-amm-incentives-2/2736/9 "2024-03-30T06:05:25Z")
> [@Shaolin](#): > > This is set to be released upon the completion of the current incentive distribution of 300,000 DYM. Sir, was the incentive ending on April 4th? ---
**Author:** ![coinhunters](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.dymension.xyz/coinhunters/32/71_2.png) [@coinhunters](https://forum.dymension.xyz/u/coinhunters)\ **Post date:** [April 1, 2024, 8:13am UTC](https://forum.dymension.xyz/t/prop-7-approved-amm-incentives-2/2736/10 "2024-04-01T08:13:13Z")
Yes. This change seems fairer. 👍 ---
**Author:** ![LuckyResearch](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.dymension.xyz/luckyresearch/32/422_2.png) [@LuckyResearch](https://forum.dymension.xyz/u/LuckyResearch)\ **Post date:** [April 1, 2024, 8:24am UTC](https://forum.dymension.xyz/t/prop-7-approved-amm-incentives-2/2736/11 "2024-04-01T08:24:24Z")
Lucky Research Voted Yes ---
**Author:** ![ebrebz](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.dymension.xyz/ebrebz/32/1024_2.png) [@ebrebz](https://forum.dymension.xyz/u/ebrebz)\ **Post date:** [April 2, 2024, 7:03am UTC](https://forum.dymension.xyz/t/prop-7-approved-amm-incentives-2/2736/12 "2024-04-02T07:03:16Z")
Voted yes 👍 Seems like a fair distribution, glad others share the same sentiment with this proposal. Will this take place as soon as the current LP provider incentives that is currently active is finished? Cheers! ---
**Author:** ![adamtruong8668](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.dymension.xyz/adamtruong8668/32/414_2.png) [@adamtruong8668](https://forum.dymension.xyz/u/adamtruong8668)\ **Post date:** [April 3, 2024, 11:04pm UTC](https://forum.dymension.xyz/t/prop-7-approved-amm-incentives-2/2736/13 "2024-04-03T23:04:24Z")
VNBnode votes Yes for this proposal. It will be more balance and bring more liquidity to Dymension. ---
**Author:** ![Nemesis](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.dymension.xyz/nemesis/32/1659_2.png) [@Nemesis](https://forum.dymension.xyz/u/Nemesis)\ **Post date:** [April 4, 2024, 12:59pm UTC](https://forum.dymension.xyz/t/prop-7-approved-amm-incentives-2/2736/14 "2024-04-04T12:59:55Z")
seems fair, the main point is reduce incentives from liquid DYM LPs and that makes sense for me