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"sidebar": true, | ||
"toc": false, | ||
"pagination": false, | ||
"search": false, | ||
"layout": "full" | ||
} | ||
}, | ||
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<section> | ||
<div className="px-4 py-12 mx-auto max-w-7xl sm:px-6 md:px-12 lg:px-24 lg:py-32"> | ||
<div className="flex flex-col w-full mb-12 text-center"> | ||
<div className="inline-flex items-center justify-center flex-shrink-0 w-20 h-20 mx-auto mb-1 text-[#e04b34] rounded-full"> | ||
<svg xmlns="http://www.w3.org/2000/svg" fill="none" viewBox="0 0 24 24" strokeWidth="1.5" stroke="currentColor" className="w-12 h-12 animate-spin transition ease-linear delay-100"> | ||
<path strokeLinecap="round" strokeLinejoin="round" d="M10.343 3.94c.09-.542.56-.94 1.11-.94h1.093c.55 0 1.02.398 1.11.94l.149.894c.07.424.384.764.78.93.398.164.855.142 1.205-.108l.737-.527a1.125 1.125 0 011.45.12l.773.774c.39.389.44 1.002.12 1.45l-.527.737c-.25.35-.272.806-.107 1.204.165.397.505.71.93.78l.893.15c.543.09.94.56.94 1.109v1.094c0 .55-.397 1.02-.94 1.11l-.893.149c-.425.07-.765.383-.93.78-.165.398-.143.854.107 1.204l.527.738c.32.447.269 1.06-.12 1.45l-.774.773a1.125 1.125 0 01-1.449.12l-.738-.527c-.35-.25-.806-.272-1.203-.107-.397.165-.71.505-.781.929l-.149.894c-.09.542-.56.94-1.11.94h-1.094c-.55 0-1.019-.398-1.11-.94l-.148-.894c-.071-.424-.384-.764-.781-.93-.398-.164-.854-.142-1.204.108l-.738.527c-.447.32-1.06.269-1.45-.12l-.773-.774a1.125 1.125 0 01-.12-1.45l.527-.737c.25-.35.273-.806.108-1.204-.165-.397-.505-.71-.93-.78l-.894-.15c-.542-.09-.94-.56-.94-1.109v-1.094c0-.55.398-1.02.94-1.11l.894-.149c.424-.07.765-.383.93-.78.165-.398.143-.854-.107-1.204l-.527-.738a1.125 1.125 0 01.12-1.45l.773-.773a1.125 1.125 0 011.45-.12l.737.527c.35.25.807.272 1.204.107.397-.165.71-.505.78-.929l.15-.894z" /> | ||
<path strokeLinecap="round" strokeLinejoin="round" d="M15 12a3 3 0 11-6 0 3 3 0 016 0z" /> | ||
</svg> | ||
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</div> | ||
<h1 className="max-w-5xl text-2xl font-bold leading-none text-neutral-600 md:text-5xl lg:text-6xl lg:max-w-7xl lg:mt-12"> | ||
Check back soon! | ||
</h1> | ||
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<p className="max-w-xl mx-auto mt-8 text-base leading-relaxed text-center uppercase text-gray-500">Page is still under development.</p> | ||
</div> | ||
</div> | ||
</section> | ||
# Forge Governance | ||
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## Current Governance Framework | ||
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At Forge, we believe in transparency, decentralization, and active community participation. Currently, all governance activities for Forge are conducted on-chain on the Evmos mainnet via the Cosmos SDK. This on-chain governance system promotes transparency and fairness by allowing all network participants to propose, discuss, and vote on various proposals that shape the network's future. | ||
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However, as Forge grows, we anticipate that the need for more flexibility and speed in decision-making will become increasingly apparent. As the network evolves, it's plausible that we may see adaptations and modifications to our governance model to suit the ever-changing landscape and to continue to meet the needs of our dynamic community. | ||
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For more information on the Evmos Community Proposal framework, you can find much more detailed information on the [Evmos DAO site.](https://docs.evmos.community) | ||
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## Near Term Focus | ||
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While our immediate focus is on launching and refining features, bootstrapping the protocol with new initiatives, and enhancing overall user experience, we're fully aware of the critical need for diverse avenues for community engagement in decision-making. Recognizing this, we aim to create more opportunities for community members to influence and shape Forge's direction and development in the future. | ||
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In terms of security, our multisig wallets have been meticulously designed to minimize risk. These wallets require multiple signatories for transactions, adding an extra layer of security to funds stored within them. Moreover, in the interest of transparency, all transactions made through these wallets are publicly viewable on our Gnosis Safe or the Evmos block explorer. | ||
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## Our Pledge for More Democratization | ||
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The governance framework at Forge will be built with our community in mind. We're constantly evaluating and adjusting our methods to ensure that we offer an inclusive, transparent, and secure environment for our users. | ||
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We believe that the key to our continued growth and success lies in our commitment to open governance, and we're excited to involve our community more in shaping the future of Forge. |
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# Incentive Programs | ||
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<section> | ||
<div className="px-4 py-12 mx-auto max-w-7xl sm:px-6 md:px-12 lg:px-24 lg:py-32"> | ||
<div className="flex flex-col w-full mb-12 text-center"> | ||
<div className="inline-flex items-center justify-center flex-shrink-0 w-20 h-20 mx-auto mb-1 text-[#e04b34] rounded-full"> | ||
<svg xmlns="http://www.w3.org/2000/svg" fill="none" viewBox="0 0 24 24" strokeWidth="1.5" stroke="currentColor" className="w-12 h-12 animate-spin transition ease-linear delay-100"> | ||
<path strokeLinecap="round" strokeLinejoin="round" d="M10.343 3.94c.09-.542.56-.94 1.11-.94h1.093c.55 0 1.02.398 1.11.94l.149.894c.07.424.384.764.78.93.398.164.855.142 1.205-.108l.737-.527a1.125 1.125 0 011.45.12l.773.774c.39.389.44 1.002.12 1.45l-.527.737c-.25.35-.272.806-.107 1.204.165.397.505.71.93.78l.893.15c.543.09.94.56.94 1.109v1.094c0 .55-.397 1.02-.94 1.11l-.893.149c-.425.07-.765.383-.93.78-.165.398-.143.854.107 1.204l.527.738c.32.447.269 1.06-.12 1.45l-.774.773a1.125 1.125 0 01-1.449.12l-.738-.527c-.35-.25-.806-.272-1.203-.107-.397.165-.71.505-.781.929l-.149.894c-.09.542-.56.94-1.11.94h-1.094c-.55 0-1.019-.398-1.11-.94l-.148-.894c-.071-.424-.384-.764-.781-.93-.398-.164-.854-.142-1.204.108l-.738.527c-.447.32-1.06.269-1.45-.12l-.773-.774a1.125 1.125 0 01-.12-1.45l.527-.737c.25-.35.273-.806.108-1.204-.165-.397-.505-.71-.93-.78l-.894-.15c-.542-.09-.94-.56-.94-1.109v-1.094c0-.55.398-1.02.94-1.11l.894-.149c.424-.07.765-.383.93-.78.165-.398.143-.854-.107-1.204l-.527-.738a1.125 1.125 0 01.12-1.45l.773-.773a1.125 1.125 0 011.45-.12l.737.527c.35.25.807.272 1.204.107.397-.165.71-.505.78-.929l.15-.894z" /> | ||
<path strokeLinecap="round" strokeLinejoin="round" d="M15 12a3 3 0 11-6 0 3 3 0 016 0z" /> | ||
</svg> | ||
|
||
</div> | ||
<h1 className="max-w-5xl text-2xl font-bold leading-none text-neutral-600 md:text-5xl lg:text-6xl lg:max-w-7xl lg:mt-12"> | ||
Check back soon! | ||
</h1> | ||
|
||
<p className="max-w-xl mx-auto mt-8 text-base leading-relaxed text-center uppercase text-gray-500">Page is still under development.</p> | ||
</div> | ||
</div> | ||
</section> | ||
# Incentive Programs (Ongoing and Planned) | ||
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## "Inferno" Community Initiative for Forge Incentives | ||
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The Evmos community has approved a significant governance proposal, "Inferno - An Incentive Program to Bootstrap Liquidity in Forge" which was jointly brought forward by the Evmos DAO, Orbital Apes, and Forge, with the overarching objective of establishing sustainable liquidity and volume on Forge, a Decentralized Exchange (DEX) on Evmos. | ||
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For the implementation of this program, the community has allocated 3,000,000 Evmos to incentivize liquidity provision on the Forge DEX. Users who provide liquidity can potentially earn from three avenues: staking rewards, liquidity emissions from this program, and LP fees. This multi-reward approach is a first within the Cosmos ecosystem. | ||
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## Pool Incentive Tiers and Asset Pairs | ||
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The Inferno program is set to span 84 days, segmented into four periods of 21 days each. The program's structure involves three tiers of pool incentives. Tier 1, the highest, will see a daily emission of approximately 9,286 Evmos per pool. Tier 2 pools will have a daily emission of around 2,589 Evmos per pool. The final tier, Tier 3, will distribute approximately 1,339 Evmos daily per pool. | ||
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| Tier | Daily Emission per Pool (EVMOS) | Asset Pairs | | ||
| ---- | ------------------------------- | -------------------------------------------------- | | ||
| 1 | ~9,286 | stEVMOS/stATOM, stEVMOS/axlUSDC, stEVMOS/axlRETH | | ||
| 2 | ~2,589 | stEVMOS/STRD, stATOM/ATOM | | ||
| 3 | ~1,339 | axlUSDC/ceUSDT, axlRETH/axlWETH | | ||
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## Vesting Mechanism for Incentives | ||
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Regarding the vesting mechanism for rewards, Inferno has incorporated a linear vesting period in partnership with Revert Finance to ensure a fair distribution. The vesting calculation occurs when users unstake their position, making sure that rewards are proportionate to the period of liquidity provision. | ||
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Adaptability is a key aspect of this program. If a pool's liquidity does not meet expectations, adjustments may be made to the allocation per pool. These changes will be communicated transparently within the community. |
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