#TPT ### Proposal Overview


- **Proposal Number**: TIP000017
- **Title**: Proposal to Improve TPT Token Liquidity
- **Author**: Keep
- **Objective**: Increase TPT market activity and DAO Vault revenue by adding liquidity and enriching trading pairs.

---

### **Summary of Core Content**

#### **1. Motivation and Goals**
- **Increase Liquidity**: Add at least **200,000 USDT** of unilateral liquidity to the TPT/BNB trading pair.
- **Enrich Trading Pairs**: Currently, TPT only has trading pairs with stablecoins (such as USDT), which are inactive. Introducing BNB and other mainstream coins will stimulate trading.

#### **2. Specific Implementation Steps**
1. **Claim Liquidity Rewards**: Claim approximately **26,590 USDT + 2,690,000 TPT** rewards from PancakeSwap.
2. **Convert Vault Funds**: Convert all existing **217,850 USDT** in the DAO Vault to BNB at market price.
3. **Add Liquidity**: On PancakeSwap V2, provide liquidity for the **TPT/BNB** trading pair using the above BNB and equivalent TPT.

#### **3. Implementation Timeline**
- Within **3 days** after proposal approval: complete reward collection and fund conversion.
- Within **5 days** after proposal approval: complete liquidity addition.

#### **4. Expected Benefits**
- Enhance TPT liquidity and stimulate market trading activity.
- Enrich trading pairs and increase participation opportunities for token holders.
- Increase DAO Vault income through higher LP yields, supporting the long-term development of the TP ecosystem.

#### **5. Potential Risks**
- **BNB Price Fluctuation Risk**: Current BNB price is about 830 USDT, down from the historical high of 1,400 USDT, and may continue to decline in the short term.
- **Risk Control**: Belief that the downside is limited; long-term (annual cycle) outlook is optimistic about BNB's upward potential, making the risk manageable.

#### **6. Support Needed**
- DAO Vault fund management and liquidity operation support.
- TokenPocket team assistance in promoting the new liquidity pool information to the community.
BNB0.26%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)