[DRAFT] SIP-17: Money on Chain’s $MoC Listing and Incentivization Strategy

I like the proposal and the rational behind the use cases for the new token. I do have a suggestion on the incentives.

While it is great to equally incentivize users based on liquidity provided; In my opinion, having a two-tiered reward system will encourage others to add more liquidity and create a sense of competition. Here is my idea on a little amendment on the current proposal:

  • 25,000 $SOV for the general pool

  • 12,500 $SOV for the top 3 or 5 liquidity providers.

Some users will compete to be in the top 3 or 5 liquidity providers and those users might even appreciate a commemorative NFT with their ranking listed in the NFT itself (I know we have some cool ideas on NFTs and given the current fad, might encourage others to participate more) Just a thought, not asking to implement this but to start a discussion.

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