When conducting project cooperation, for the smooth and healthy operation of the project, it is necessary to provide some liquidity when necessary.
The current pWING-ETH trading pair on Sushi has a liquidity of only $150K , and the slippage is high. Few people will swap, which will cause some users who want to participate in the Wing project to lose;
Also on Unifi, the liquidity of ONTd and pToken assets is very low. Many users report that it is inconvenient to swap a small amount of pToken assets and the user experience is poor.
In order to improve the user experience and make up for the disadvantages of Wing’s ecology, it is very important to provide some liquidity appropriately.
The liquidity provided will be recovered after the healthy operation of the project. There may be gratuitous losses when it is recovered, and the gains may also cover the gratuitous losses and have a balance.
I propose to use 50K WING from the unlocked 375K community fund as the liquidity fund of the cooperative project. The liquidity fund will only be used to provide liquidity for the Wing cooperative project. If necessary, WING may be exchanged for other assets to provide liquidity.