Seed XVS Liquidity Pools on PancakeSwap (ARB, zkSync, ETH)

Proposals
1

Introduction:
This proposal aims to collaborate with the Venus Protocol community to migrate XVS liquidity from Uniswap to PancakeSwap across ARB, zkSync, and ETH. By doing so, we can significantly enhance liquidity, reduce trading slippage, and support Venus Protocol’s growth. PancakeSwap will incentivize this migration with CAKE emissions along with marketing support.

Background:
Liquidity pools are foundational to decentralized finance (DeFi), enabling efficient trading and market stability while offering rewards to liquidity providers. PancakeSwap is the leading DEX on the BNB Chain, expanding rapidly into ARB, zkSync, and ETH. By leveraging PancakeSwap’s liquidity infrastructure, Venus Protocol can enhance the utility and visibility of XVS while tapping into our ecosystem’s broad user base and active CAKE community.

Proposal Details:

  1. Liquidity Migration:
  • Relocate existing XVS liquidity from Uniswap to PancakeSwap on ARB, zkSync, and ETH.
  1. Incentives and Support:
  • PancakeSwap will provide $30k in annualized CAKE emissions for 28 days (~$2300) to incentivize XVS farms on those 3 chains.
  • Marketing support via PancakeSwap’s official channels, including a podcast feature and announcements on X and other platforms to tap into 2M+ CAKE community.

Benefits:

  • Enhanced Liquidity: Seeding liquidity on PancakeSwap deepens XVS liquidity across key blockchains, ensuring smoother trades and reduced slippage.
  • Increased Visibility: With PancakeSwap’s strong user base and promotional channels, XVS can gain heightened exposure and attract new users.
  • Revenue Generation: Liquidity providers benefit from trading fees, creating additional incentives for participation.

Conclusion:
Migrating XVS liquidity to PancakeSwap across ARB, zkSync, and ETH represents a strategic opportunity to grow Venus Protocol’s market presence and enhance trading efficiency. With the added support of marketing initiatives, this move positions XVS for long-term success.

We invite the Venus Protocol community to consider this proposal and collaborate with PancakeSwap to achieve shared goals in the DeFi space.

Thank you for your time and support!

9 Likes
2

I think this proposal to migrate XVS liquidity to PancakeSwap on the ARB, zkSync, and ETH networks is fantastic. Venus Protocol and PancakeSwap are two great projects that have always collaborated closely, and I believe this proposal is truly remarkable. You have my full support to make it happen.

1 Like
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Hi @ChefBaby and wellcome to our community.
I met Chef Fran here in Buenos Aires, and I trully believe that reducing CAKE emisión is the correct way, we’re in the same page.
It’d be a excellent iniciative to incentive pools besides BNB Chain, so you have also my support. :purple_heart:

2 Likes
4

It sounds like a good move to me :clap:

1 Like
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100% agree. Looking forward to implementation soon. Venus and panckeswap are good partners (not only in BNB Chain but also in other EVM Chain).

6

I also hope that the “swap” function of pancakeswap can be integrated on the Venus official website in the future.

It was available before but was later cancelled. If this function is available, more people will access Venus protocol.

7

Let’s give it a try.

8

Love partners like PCS!

9

Absolute fuckin chads, 30k is very good money for LP farmings and it will boost our liquidity significantly.

10

Agree 100% with this proposal. Thanks

11

This is a great move to increase liquidity and expand Venus’ participation in multiple chains with a major partner like Pancakeswap.