x23.ai’s Post

GIP-117 Proposal: Boosting Gnosis Chain's DeFi Presence with Backed's bTokens and $1M in GNO Incentives via Gnosis 🚀 GIP-117 Proposal: A New Era for Gnosis Chain? Karpatkey proposes a $1M GNO token incentive for Backed’s bTokens on Gnosis Chain, aiming to boost DeFi with real-world asset tokens like stocks & ETFs. Pros: - Strengthens Gnosis Chain in DeFi - Simplifies investment opportunities Cons: - Financial risk if benefits don't pan out Community Buzz: - refri wants more RWA but is wary of Backed's exclusivity. - Wunderbernd suggests reallocating incentives to SP500 or adding Microsoft & Google. What do you think about this strategic move? 🤔

GIP-117: Strategic Partnership with Backed through Liquidity Incentives on Gnosis Chain | Gnosis

GIP-117: Strategic Partnership with Backed through Liquidity Incentives on Gnosis Chain | Gnosis

app.x23.ai

To view or add a comment, sign in

Explore topics