ShadeSwap - Emission Onboarding Standard
Process for hosting and receiving emissions from ShadeSwap.
Greetings interested project,
In this post, Shade Protocol will outline its standards for listing a token on ShadeSwap and how the incentives program works. The emissions process is broken into the following steps:
Forum Introduction
Community Twitter Space (strongly encouraged)
Proposal
Affirmation
Launch
Separate from these steps, there is also a rapid onboarding process for stablecoins known as Fast-Track.
In the future, these processes will be initiated and approved on-chain via Shade Governance & Shade Assemblies.
Fast-Track
Fast-Track is a rapid onboarding process for stablecoins. Due to the competitive nature of stablecoins, the ShadeSwap team will work directly with stablecoin teams asynchronously. The same information as the steps above are required, but can be communicated privately / iteratively.
To participate in Fast-Track, please contact @Fiscetti on telegram.
(1) Forum Introduction
Create post titled “[Insert Project Name] ShadeSwap Introduction”
Tag as “Introduction”
The following are requirements for the introduction post:
Project Utility - (2-3 paragraphs describing what your project accomplishes)
Why ShadeSwap? - (Describe the interest behind listing your project on ShadeSwap)
# of tokens your project is bringing to the incentives-matching program
This can be a range as opposed to a set #
A project can ask for emissions without bringing any tokens to the DEX, but this is discouraged.
Protocol statistics
# of active users (contract interactions or website visits)
Adoption metrics (any sort of measurement used by the protocol to measure success)
Community size (discord, twitter, telegram, reddit, etc.)
Liquidity statistics (what DEXs/CEXs is the token currently on, volume, depth of liquidity, etc.)
Tokenomics link
Github links
Social links
Conclusion (1 paragraph why ShadeSwap should onboard this token with emissions)
(2) Community Twitter Space (strongly encouraged)
Every Wednesday at 1:00 pm. CST Shade Protocol hosts a community twitter space. Projects should hop on the twitter space and talk about their project. This gives the community the chance to ask questions in real time.
Communicate with @Dalts21 on telegram to coordinate this.
(3) Proposal
Proposals are created by the ShadeSwap team. Proposal posts are created via admins on a running thread titled “Proposals”. The following are the contents of a proposal:
Findings
Offer Size
Conclusion
Findings walks through investigation of metrics and conclusion on growth prospects of the underlying token. Offer Size states what percentage Shade Protocol is willing to back emissions wise. This could range anywhere from 0% - 50% (the classical 50/50 matching schema). Conclusion will be a summarization of the decision and a forward facing view on what is next.
(4) Affirmation
Project teams respond to proposals within their respective introduction threads. Teams can create a counter-offer / offer tweaks to the generated proposal on the introduction thread. If there is no counter-offer created, then the project team can affirm the proposal publicly by officially accepting the incentive terms - this locks in the deal.
(5) Launch
Marketing coordination and pool bootstrapping is coordinated.
Questions
For any questions concerning the emission onboarding standard, please contact @CarterWoetzel on telegram.
Conclusion
Shade Protocol is an ambitious array of application-layer products focused on a simple end user experience that involves the incorporation of privacy by default. These interconnected privacy-preserving DeFi products built on Secret Network will change DeFi as we know it — empowering the next generation of value creation and exchange. Shade Protocol is launching Silk: a privacy-preserving collateralized, reflexive stablecoin built on Secret Network.
But we can’t do this without community. We need you to join our community and help make Silk and Shade Protocol a reality.