Proposals

LEVX tokens were mainly distributed for those who contributed to the DAO by making noise about it and I believe it helped a lot in terms of our awareness and also it formed the core principle of our DAO: you earn as the amount you put your effort in. Although we won't have any more LEVX airdrop, we could restart the 'Tweet to Earn' program and it'll continuously make members work for the DAO so that eventually everyone gets shared the bigger pie. My plan is as follows: * 100 LEVX per week is given to top 20 loud noisemakers in twitter * If you like or RT my tweets then you get 1, 2 point each * If you mention any of @LEVXeth OR @LevxDAOhGeez OR @swap_inc OR @SharkpunksNFT OR @thezeromoney OR lex.io OR $LEVX then you get 10 point * If you receive like or RT on your mentioning tweet then you get 10, 20 additional point respectively * Top 20 gets distributed 100 LEVX in proportional to their point * The point gets reset every Sunday 00:00:00 UTC * If you are in a top 20 in this week, you're not eligible next week (but you're again eligible one week after) Current leaderboard (as an example) is in discord #noisemakers channel so give it a look and let me know your thoughts. It won't be executed before the discussion is done.

Rather than deciding on some fixed allocation between OG LP and LevX LP at some particular snapshot, I propose the allocation should be based on a time-weighted LP contribution (valued in ETH terms) up until the LevX distribution snapshot. 1) This allows for rewarding early OG LPs by their amount of time & initial liquidity while avoiding overweighting one LP over the other with a fixed allocation. 2) It is more fair for users who migrated at different points in time since since the details of the unclaimed allocation were not clear. 3) Valuing the LPs based on the amount of ETH in the LPs allows a fair proportional weighting based on the amount of liquidity in both LPs at each point in time. To ensure smooth liquidity transition to LevX LP, OG LPs can do a 1 step 'migrate and claim' without needing to lock their OG LPs, especially since LevX LPs won't need to lock anyway. There should be a second vote in the voting snapshot to rank order the portion of the unclaimed LevX that should go to the treasury (e.g. 0%, 10%, 20%, 30%). Once the treasury allocation is determined, the remaining unclaimed allocation is based on the above time-weighted value approach.

We now have around 12k LEVX treasury but our liquidity is significantly low compared to that amount so we can't sell it to diversify the treasury. There are tones of reasons to motivate holders to add liquidity other than that as well, so here's a rough idea on how to achieve it. (This benefits holders and the DAO as well) If you just stake 1 plain LEVX, you'll only get 1 THANO$ and it'll yield 1 new LEVX if you lock it up for 2 years (max period) By staking LEVX-WETH LPs, you can also get a multiplied amount of THANO$ (up to 10x) But it doesn't matter how many LPs you stake but what matters is how many LEVX it contains (the ratio changes for every swap) If the liquidity of LEVX-WETH is 0, you get 10x(max) THANO$ for each LEVX that your liquidity contains As the liquidity gets higher, you get less multiplied amount of THANO$, and in some point (let's say when it reached $1m) it goes under 1x so there's no motive to stake LP tokens any more (then you’re more likely to stake plain LEVX instead to get THANO$ which is also good) Now we have enough liquidity to be resistant to slippage, which is good for holders & the DAO but even though it diminishes, it creates desire for adding liquidity (so theoretically it never goes down below a certain level)

People can lock their LEVX for veLEVX. The longer they lock for the more weight they have for voting on which defi positions are traded on levx.io . People who lock LEVX for veLEVX also receive the unclaimed LEVX airdrop tokens - The longer the lock the higher the emission rate.

30% goes to treasury/noisemakers 70% goes to OH-GEEZ LPs & LEVX LPs distributed weighted according to each LP's (duration * amount) ratio (Unclaimed amount out of 70% goes to treasury)

Class 1: 3k (10%) Class 2: 6k (20%) Class 3: 9k (30%) Class 4: 6k (20%) *Class 5: 3k (10%) *Class 6: LevX Vault (10%) From previous distribution plan, Class 5 to be reduced to 3k (10%) so that NEW Class 6 [LevX vault]: (10%) of 3k worth can be used for development, donation and promoting LevX ecosystem [SharkPunks, MaidCoin, BearFi, LevX and Munchkin] Also, all unclaimed LevX token can add up to the vault and LevX LP holders 40:60 LevX Vault to be managed through LP holders to vote & propose how to be used. OR to be discussed/find a way to use the treasury funds in the near future.