Wow, this is incredible! So many visitors since I propose this, it is an overwhelming response. It’s clear this proposal resonates strongly with the ZKFair community. Thank you all for the tremendous support and engagement so far.
As the proposer, I’m blown away by the enthusiasm and alignment around building out ZKFair’s DeFi ecosystem. This proposal taps into exactly what we need to drive adoption and growth.
I appreciate all your thoughtful comments, likes, and words of encouragement. It gives me confidence that we’re on the right track. Rest assured, if this proposal is selected, I intend to fairly distribute a portion of the whole $ZKF reward to all of you who supported it.
Let’s keep the momentum going! With this level of community backing, I know we can work together to make ZKFair a leading L2 and fulfill its massive potential. This is just the beginning, my friends. Exciting times are ahead!
=== proposal below ====
If I were CEO of ZKFair, my primary focus would be on building a thriving DeFi ecosystem on the platform to drive user adoption and TVL growth. Here are the key initiatives I would undertake:
- Launch Perpetuals and Options Trading: Deploy perpetual swaps and options trading protocols like dYdX and Opyn. This will attract professional traders and market makers. Offer up to 10x leverage to incentivize volume.
- Launch Lending and Borrowing: Allow users to lend and borrow assets to leverage DeFi. Starting with stablecoins and ETH, later expanding to altcoins. Partner with lending platforms like Aave and Compound.
- Launch Staking Derivatives: Offer staking derivatives like Lido to allow staking of ETH and liquid staking tokens. This boosts TVL and use cases.
- Incentivize DeFi protocols: Subsidize gas fees and offer grants/rewards to attract top DeFi protocols into the ZKFair ecosystem. Target protocols like Curve, Convex, Yearn etc.
- IDO platform: Launch an IDO platform for new token projects to raise funds through transparent lottery-based offerings. This helps bootstrap liquidity.
- Foster Innovations: Run hackathons, grants and incubator programs to support developers building novel DeFi apps on ZKFair. This expands the ecosystem.
- Liquidity Mining: Allocate a portion of ZKF supply towards liquidity mining programs. This incentivizes liquidity provision across protocols.
If executed well, these initiatives can drive significant user traction and TVL to make ZKFair a top 10 L2 ecosystem. The goal should be to aggressively expand the DeFi offerings and opportunities on ZKFair.