Submissions should be made via this forum, in response to this topic. The council will monitor this thread regularly.
When submitting a project for liquidity assistance, please ensure it adheres to the following criteria. Each proposal will be meticulously reviewed against these published standards by the elected councillors.
Submissions that do not adhere to these guidelines might face delays in review or may not be considered. We encourage thoroughness and clarity in your submissions to expedite the assessment process.
Detail the primary purpose of the project and its potential contribution to further the adoption and use of the broader Archway ecosystem.
Include a comprehensive business model or a roadmap that demonstrates sustainability and growth potential.
Confirm that funds will be appropriately administered via the project smart contracts or admin multi-sig.
Projects should aim to undergo at least one security audit by a reputable firm on smart contract code, with results made publicly available (or at least available to council members).
Present evidence of an active, engaged community or a plan to build one. This could be demonstrated through social media activity, community events, or other interactive platforms.
Highlight any previous or ongoing efforts to educate and inform the existing Archway community about the project’s goals and benefits.
If applicable, provide any metrics or achievements that support the project’s potential for success, such as partnerships, milestones reached, or user adoption statistics.
If the project has been deployed successfully on other chains/ecosystems this is a plus.
Offer a background of the core team members and advisors, emphasizing relevant experience in the blockchain and DeFi spaces.
Detail any previous projects or endeavors that showcase the team’s ability to execute.
(If applicable) Provide a transparent breakdown of token distribution, covering team, advisors, community, and reserves.
Explain the token’s utility within the ecosystem, its role, and any mechanisms that drive demand or value.
(UPDATE:) Please provide an indication of how much ARCH liquidity you are looking for, bearing in mind the council has a maximum budget of 5m ARCH, and additional safety thresholds above 250k ARCH per submission.
Clearly outline how liquidity assistance will be used to further the project’s objectives.
Detail any safeguards in place to ensure responsible use of provided tokens.
Make clear how the project aligns with Archway’s mission, values, and long-term vision. Explain how the rewards mechanics are being utilized.
Detail plans for potential contingencies, such as project pivoting or winding down, ensuring liquidity providers’ interests are protected.
Demonstrate a commitment to regularly update the Liquidity Council on the project’s progress and any changes in tokenomics, partnerships, or strategy.