Attract liquidity by using PGL for IDO

I was looking at the liquidity & trade volume on Pangolin, wondering how we can make it grow now that PNG is becoming a coin to hold.

What about IDO (Initial DEX Offerings) where you can either stake PNG (increasing volume for PNG pairs) or directly stake your PGL (Increasing liquidity + trade volume). Maybe only PGL that are PNG pairs should be eligible for further decentralization (otherwise whales with ETH-AVAX or AVAX-USDT could abuse IDOs)?

Let me know what you think about this idea and how it could be improved.


1 Like

Would love to chat more about this in the feedback channel of Discord