Dear xExchange Community,
I’ve been contemplating a proposal regarding the inclusion of experimental farms on xExchange, especially in light of the imminent rework. Before formalizing this proposal, I seek your valuable insights and feedback.
Objective:
My primary goal is to address the absence of experimental farms on the tab within the xExchange Farm section. Considering the potential benefits, I am exploring the idea of introducing experimental community farms. While I draw inspiration from various community builders, the Super Rare Bears serve as a notable example. It’s crucial to clarify that I don’t speak on their behalf but rather view them as an intriguing use case.
Safety Considerations:
Acknowledging the importance of safety and the long-term vision of making xExchange as permissionless as possible, I understand the necessity for careful implementation. Currently, opening a farm involves allocating a portion of the XMEX supply. However, incorporating experimental tokens raises concerns about implicit xExchange approval.
Qualification Parameters:
Looking ahead, I propose a thoughtful approach to reverse engineer qualifications for builders akin to the Super Rare Bears. This involves considering various factors such as time, transaction history, user engagement, liquidity contributions, and the potential use of locked deposits to balance rewards. I suggest exploring class-based unlocking mechanisms, similar to the Newton and Tesla classes.
Balancing Act:
The approach aims to strike a balance, ensuring that participants, whether established builders or newcomers, demonstrate a genuine commitment. By incorporating class-based unlocking and other criteria, the goal is to prevent misuse while fostering an inclusive environment for smaller builders.
Community Engagement:
This proposal is an open invitation for your thoughts and suggestions. Your insights are pivotal in shaping the direction that is taken. I encourage you to actively participate in the discussion, share your perspectives, and contribute to the evolution of xExchange. Your collaboration is crucial in steering xExchange towards greater heights.
Best regards,
Matt