Hey everyone,
Just starting an initial discussion around Polkadex&rsquo;s $PINK allocation. For those following DotSama news, PINK is a new upcoming meme coin that will be launched on Polkadot&rsquo;s asset hub. For more information, please see <a href="https://dotispink.xyz/">https://dotispink.xyz/</a>
Parachains that took the initiative and registered $PINK as an asset and have an open XCM channel with AssetHub will be granted a portion of the $PINK total supply from the PINK team. Polkadex was the 10th chain to complete these requirements and with that we will receive 0.48% of the $PINK total supply (0.48% is approximately 11M tokens).
&nbsp;
It&rsquo;s up to the community to decide how these tokens will be used!
&nbsp;
My initial proposition:
<ul>
<li class="p2">50%: Reserved for liquidity for a PINK/USDT trading pair</li>
<li class="p2">25%: Airdropped to users of the OrderBook in order to incentivize trading on the platform</li>
<li class="p2">25%: Airdropped to Polkadex stakers to reward long term holders</li>
</ul>
&nbsp;
Note: The PINK tokenomics also have large portion reserved for pools and DEX's. If we were to receive liquidity directly from this fund we would not need to reserve any from the 0.48% parachain grant.
&nbsp;
What are your thoughts?

Hey everyone,
Just starting an initial discussion around Polkadex&rsquo;s $PINK allocation. For those following DotSama news, PINK is a new upcoming meme coin that will be launched on Polkadot&rsquo;s asset hub. For more information, please see <a href="https://dotispink.xyz/">https://dotispink.xyz/</a>
Parachains that took the initiative and registered $PINK as an asset and have an open XCM channel with AssetHub will be granted a portion of the $PINK total supply from the PINK team. Polkadex was the 10th chain to complete these requirements and with that we will receive 0.48% of the $PINK total supply (0.48% is approximately 11M tokens).
&nbsp;
It&rsquo;s up to the community to decide how these tokens will be used!
&nbsp;
My initial proposition:
<ul>
<li class="p2">50%: Reserved for liquidity for a PINK/USDT trading pair</li>
<li class="p2">25%: Airdropped to users of the OrderBook in order to incentivize trading on the platform</li>
<li class="p2">25%: Airdropped to Polkadex stakers</li>
</ul>
&nbsp;
Note: The PINK tokenomics also have large portion reserved for pools and DEX's. If we were to receive liquidity directly from this fund we would not need to reserve any from the 0.48% parachain grant.
&nbsp;
What are your thoughts?

Polkadex's $PINK Allocation Discussion

Hey everyone,
Just starting an initial discussion around Polkadex&rsquo;s $PINK allocation. For those following DotSama news, PINK is a new upcoming meme coin that will be launched on Polkadot&rsquo;s asset hub. For more information, please see <a href="https://dotispink.xyz/">https://dotispink.xyz/</a>
Parachains that took the initiative and registered $PINK as an asset and have an open XCM channel with AssetHub will be granted a portion of the $PINK total supply from the PINK team. Polkadex was the 10th chain to complete these requirements and with that we will receive 0.48% of the $PINK total supply (0.48% is approximately 11M tokens).
&nbsp;
It&rsquo;s up to the community to decide how these tokens will be used!
&nbsp;
My initial proposition:
<ul>
<li class="p2">50%: Reserved for liquidity for a PINK/USDT trading pair</li>
<li class="p2">25%: Airdropped to users of the OrderBook in order to incentivize trading on the platform</li>
<li class="p2">25%: Retained for future promotions, giveaways and growth initiatives</li>
</ul>
&nbsp;
Note: The PINK tokenomics also have large portion reserved for pools and DEX's. If we were to receive liquidity directly from this fund we would not need to reserve any from the 0.48% parachain grant.
&nbsp;
What are your thoughts?

- **Problem Statement:** Discussing the allocation of Polkadex's $PINK tokens, a new meme coin on Polkadot's asset hub.
- **Significance:** Determining how to utilize the received 0.48% of $PINK total supply (approximately 11M tokens) to benefit the community.
- **Proposed Solution:** Allocate 50% for liquidity, 25% for airdrops to OrderBook users, and 25% for airdrops to Polkadex stakers.
- **Expected Outcomes:** Enhancing liquidity, incentivizing trading, and rewarding long-term holders within the Polkadex community.

#2398 Polkadex's $PINK Allocation Discussion

No Active Proposals