The core of AladdinDAO is to curate the best assets and strategies in the DeFI space. As NFTs establish itself as a new asset class, AladdinDAO should incorporate it as part of its ecosystem. This proposal is to add NFT mining rewards to AladdinDAO, starting with Loot ecosystem NFTs.
Loot and its derivatives have absorbed a large share of the crypto community and building power. Adding ALD liquidity mining with Loot can set an example of how NFT can be composable with DeFi . It can also help to bootstrap AladdinDAO’s community upon the genesis of ALD reward mining.
- Allocate a total of 1 million ALD tokens for Loot mining incentive
- Rewards are emitted over 30 day period.
- New governance voting to determine whether to continue reward after 30 day emission.
Elligible tokens and allocations: