TokenInsight news, Lottery and saving protocol Pooltogether is proposing partnership with FEI and Ondo to increase POOL liquidity and start earning TRIBE tokens in the PoolTogether protocol. The liquidity service FEI/Ondo provide will help Pool in the following things:
1. A low cost way to increase POOL liquidity on Uniswap V2
2. An opportunity for the protocol to begin accruing TRIBE and activating otherwise dormant POOL tokens
This proposal would significantly improve liquidity for the POOL token on Ethereum. Current liquidity is $2.8 million, so adding $3 million would more than doubling it.
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