PIL Initiatives Update

Here’s what’s new:

1. New initiative by @EkuboProtocol

2. @SmarDex positive bribe return

3. Steady growth of $LQTY stakers

1. @EkuboProtocol, a capital-efficient AMM, has launched a BOLD/USDC pool. PIL funds will support LP incentives, with bribes and $EKUBO matching currently under DAO review.

2. Smardex was the first to bribe voters, $1K in $SDEX returned ~$1.76K in $BOLD emissions. A larger bribe is now being considered.

3. Both LQTY staker count and staked amount keep rising.

Remember that:

- Your voting power increases with time!

- There is no lock up, any kind of withdrawal penalty

- To vote, you need to deposit into the new V2 contracts

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