Prop 312: Requesting DAO Treasury Funding to Boost scORAI/ORAI Liquidity

Oraichain Labs requests 200,000 ORAI from the Oraichain Community's DAO Treasury to enhance liquidity for the scORAI/ORAI pool on OraiDEX. This funding will be used to stake 100,000 ORAI through Orchai to receive scORAI, which will then be paired with the remaining 100,000 ORAI to add liquidity to OraiDEX. 95% of profits (from staking APR + trading fees) will be reinvested into the DAO Treasury to ensure sustainable growth, while 5% will be allocated to Oraichain Labs for operational costs and management.

$scORAI is a liquid staking derivative created through Orchai's Liquidity Staking protocol, designed to automatically compound staked ORAI positions. As the Oraichain ecosystem continues to grow, the demand for liquid staking has risen significantly, with scORAI gaining increased recognition from the Web3 community.

This funding will strengthen liquidity for the scORAI/ORAI trading pair, ensuring fast and secure transactions without bonding time concerns. It will enhance stability for liquid staking services through Orchai.io and generate sustainable profits for the DAO Treasury through both staking APR (currently ~18%) and OraiDEX trading fees.

Read the full proposal here: https://link.orai.io/qwFO3J