Proposal — Create V2 Pool for DAVINCI/HBAR 0.30%

Proposal
1
  • Title: Create V2 Pool for DAVINCI/HBAR 0.30%
  • Author(s): DaVinciGraph
  • SaucerSwap Voting Interface: N/A
  • Related Discussions: Create V2 Pool for DAVINCI/HBAR 0.30%
  • Submission Date: March 4, 2025

Summary
We propose the creation of a V2_DAVINCI/HBAR pool with a 0.30% fee tier on SaucerSwap. This pool will enhance capital efficiency, increase TVL, and liquidity for both SaucerSwap and Hedera.
Size of liquidity provided by DaVinciGraph: $80K

Abstract
The new V2_DAVINCI/HBAR pool on SaucerSwap uses concentrated liquidity to give liquidity providers better profits, while boosting liquidity and total value locked (TVL).

DaVinciGraph : Toolkit for Hedera

DaVinciGraph Services:

  • Token Creator/Manager
  • Token/LP/NFT Locker
  • Token Burner
  • Token Vesting
  • DaVinciPics
  • Advanced Snapshots

Upcoming Services:

  • Token Launchpad
  • Token Airdrop

DAVINCI Token:

  • Name: Davincigraph
  • Symbol: DAVINCI
  • Token ID: 0.0.3706639
  • Max Supply: 90,000,000
  • Decimals: 9
  • No keys

Access to DaVinciGraph Services
Requires the DAVINCI token.

Motivation
Cheap fees for trading DAVINCI Token on SaucerSwap.

Benefits (Pros)

  • Price Supportive: It can help stabilize token prices.
  • Capital Efficient: Concentrated liquidity pools are more efficient in capital deployment.
  • Yield Opportunities: Increase yield opportunities for liquidity providers.
  • Minimal Slippage: Concentrated pools help to ensure minimal slippage and tighter spreads.

Downside (Cons)

  • Risks: Smart contract risk, increased complexity, management overhead, and potential user education challenges

Links:
Website
X
Github
Discord
Youtube

Voting

  • For: Create the V2_DAVINCI/HBAR pool with a 0.30% fee.
  • Against: Don’t Create the V2_DAVINCI/HBAR pool with a 0.30% fee.