akash

Prop 235: Incentivized AKT Lending Pool on Nitron

This proposal is aimed to bootstrap the lending of AKT on Demex to further increase utility by allowing AKT to be whitelisted as collateral to borrow other assets for more capital efficiency. It is asking for a one-time transfer of 5,200 AKT tokens (~$5,00) from the community pool across, as incentives only to Demex’s lending pool for AKT collateral, in order to raise awareness and increase demand for AKT. This forum post is to discuss incentivizing the AKT lending pool on Nitron with AKT tokens, to further increase the utility, buying pressure, and adoption of the AKT token.More info can be found here: https://github.com/orgs/akash-network/discussions/322