DAO Treasury POL
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Since the days of the , Minswap Labs has focused on the importance of the DeFi concept of . In essence, it means a protocol owning its own liquidity, in the case of the Minswap DEX, it would for instance be if the DAO Treasury owned and managed MIN/ADA LP tokens.
Currently, there are 3 sources for the DAO Treasury POL:
Meteor Liquidity Bootstrapping Event (LBE): Minswap was the first Protocol on Cardano to embrace POL through the . The LBE ensured a fair and transparent way to determine the initial price of the MIN/ADA price, while enabling the DAO Treasury to keep 50% of the LP Tokens generated from the event. These MIN/ADA LP Tokens are currently not Yield Farming, however they passively accumulate Trading Fees from swaps.
Launchbowl Events: following the success of the Meteor LBE, Minswap Labs also offers this service for projects to launch new tokens on the DEX through the . As part of facilitating this service, a Fee in the LP Tokens generated in the Event is taken for the Minswap DAO Treasury. So far, INDY/ADA and MCOS/ADA LP Tokens were earned by the DAO Treasury as part of a Fee for facilitiating Launchbowl Events for and . These LP Tokens generate both Trading Fees and Farming rewards.
Fee Switch: the Fee Switch was activated following the . The mechanism was active for 10 months and accumulated 1.1mn ADA worth of $MIN/$ADA LP Tokens until is was ended to redicrec the Fee Switch towards .
Batcher Fees: with the start of it was decided that 50% of the $ADA in Batcher Fees generated each month will be redirected towards a DAO wallet.
The addresses for the LP Tokens are the following:
1 - MIN/ADA LP Tokens from Meteor LBE: addr1q9wz03xdpasq5t7tv4vvqyw9frhz2x9862ct3xyh697pfwjj2c79gy9l76sdg0xwhd7r0c0kna0tycz4y5s6mlenh8pqyk6dej
2 - INDY/ADA LP Tokens (staked in Yield Farming): addr1q9gxe8vx0kvv5g6gv4n5wmsxexjqsjftc599qqcp2vkmmwh7snv5yhw2qqvdev3c7wn6s3xhrnx25eg6zcqjxj9vrv2s0e38ze
2 - MCOS/ADA LP Tokens (staked in Yield Farming): addr1q9gxe8vx0kvv5g6gv4n5wmsxexjqsjftc599qqcp2vkmmwh7snv5yhw2qqvdev3c7wn6s3xhrnx25eg6zcqjxj9vrv2s0e38ze
3 - MIN/ADA LP Tokens from Fee Switch: addr1qx40kyvkgdxtsdladusny09r0vczmlmrsl52sjel528674jj2c79gy9l76sdg0xwhd7r0c0kna0tycz4y5s6mlenh8pqg82qtn
4 - Batcher Fees addr1qxymvaeg3306xyp6yk3mjdj7usp40x2e5cecsh75xw5tsczj2c79gy9l76sdg0xwhd7r0c0kna0tycz4y5s6mlenh8pqjx0th5
The Value of these LP Tokens obviously varies as do the prices of the Tokens. Please stay updated on the .