Summary

Funding Tranches

Previous tranches: https://dashboard.internetcomputer.org/sns/extk7-gaaaa-aaaaq-aacda-cai/proposal/273

Requested amount to be withdrawn with this proposal: 200k$ in different tokens.

Current NTN utility:

  • Governance
  • Vector creation
  • Neuron vector % fees
  • cICP burn
  • Neutrinite DEX AMM fees
  • Wallet
  • DeViFi platform as a service
  • DAO providing liquidity

Target Features:

  • Multi-chain integrations
  • Improve UX of deposit/withdrawal
  • Intro with all features explained
  • Reduce price impact
  • Arbitrage improvements
  • New AMM algo, tokens & pools
  • Bug fixes & improvements
  • Vector algo improvements
  • New vectors
  • Market & community growth
  • Dispute resolution system & social network

Briefly describe how do you envision these features to help drive user traction:

All features are designed to help drive user traction. Long-term users will need fast deposit/withdrawal, swaps and prices in sync with deep liquidity. Pools and StreamFusion tokens which generate more fees.

User Traction

DAU - N/A no tracker

340 vectors created

10mil$ volume

Power Users 100%

More stats here: https://neutrinite.io/currencies/NTN

Financial Accountability

Number of core team members 2 (dev + admin)

Number of freelancers: ~5

Team Salaries (total) 21K/month

Marketing Spend $0

Bounties/Incentive $0

Infra (e.g. cycles) ~$1,400/month

Liquidity and listings

DEXs supported ICPSwap, Kongswap, Neutrinite

TVL across main pools $252K

Liquidity contributed from DAO treasury $250K (+cICP)

Liquidity incentives deployed $0



This proposal was created using https://ic-toolkit.app

Payload

Proposal to transfer SNS Treasury funds:

Source treasury: ICP Treasury (ICP Ledger)

Amount: 7680.00000000 ICP

Amount (e8s): 768000000000

Target principal: p3z2r-guy4g-uuvno-ckfhp-3rjn5-vz5ga-r6nyg-lzwpy-ifazf-ht3me-bqe

Target account: p3z2r-guy4g-uuvno-ckfhp-3rjn5-vz5ga-r6nyg-lzwpy-ifazf-ht3me-bqe

Memo: 0

Overview