Enable ANDY/WBNB (0.25% fee tier) V2 gauge on BNB Chain

Overview:
Andy on BSC (The Boys Club Meta) introduces Andy, Pepe’s best friend in the Boys Club Comic, to the Binance Smart Chain ecosystem. Andy’s main goal is to bring back on-chain activity onto BSC as we move into 2025, by creating the biggest memecoin in the industry on BSC. We are continuing the understanding that every chain should have its own Boys Club member as a mascot; Ethereum has Pepe, Base has Brett, and now BSC will have Andy.

Proposed Bribe Structure

  • Total Allocation: $24,000 worth of ANDY tokens.
  • Duration: First 12 epochs (each epoch = 2 weeks).
  • Bribe Distribution: Approximately $2000 worth of ANDY tokens per epoch to incentivize LPs.
  • Gauge Fee Tier: 0.25% on PancakeSwap V2 (optimal for mid-cap tokens with higher trading volumes).

Details

  • Boost Multiplier and Emission Cap: 1.00x boost multiplier and 5% emission cap.
  • Andy is willing to scale up bribes when successful growth occurs.

Rationale for 0.25% Fee Tier
The 0.25% fee tier is ideal for ANDY/WBNB as it balances liquidity depth and fee revenue for LPs while accommodating trading volume typically seen for mid-market tokens.

Implementation Plan

  1. Pool Deployment: The ANDY/WBNB pool has already been deployed on PancakeSwap V2 with a 0.25% fee tier on the BNB Chain.
  2. Liquidity Incentives Launch: Initiate liquidity incentives by distributing $24,000 worth of ANDY tokens over the span of 12 epochs.
  3. Performance Monitoring: Regularly track and evaluate key performance metrics such as Total Value Locked (TVL), trading volume, and LP participation to gauge the program’s effectiveness and make necessary adjustments.
  4. Promotion and Outreach: Actively market the gauge and bribes through ANDY Network’s various channels, including Twitter, Telegram, key opinion leaders (KOL’s), and in partnership with BNB Chain.

Expected Outcomes

  • A marked increase in the total value locked (TVL) for the ANDY/WBNB pairing.
  • Amplified trading activity and improved liquidity on the BNB Chain.
  • Greater visibility and uptake of the $ANDY token among BSC users
  • Increased exposure for BSC ecosystem projects and BSC chain.

Conclusion
This proposal to activate the ANDY/WBNB (0.25% fee tier) gauge on the BNB chain marks an essential move to bolster ANDY liquidity and ecosystem presence. By allocating $24,000 in bribes over the course of 12 epochs, we aim to attract LPs, drive network growth, and enhance exposure for BSC within the broader crypto community.

Ultimately, this initiative is crafted to create a long-lasting win-win scenario for PancakeSwap and its users, fostering platform growth while delivering enticing returns for participants.

Links

  1. Token Address: Andy | Address 0x01CA78a2B5F1a9152D8A3A625bd7dF5765eeE1D8 | BscScan
  2. Liquidity Pool Address: 0x676d5F9b8cD3c314b0C8Bc635588e0C63e56B22f | BscScan
  3. N/A
  4. Website: https://www.andytoken.com
  5. Socials:
  1. Documentation: N/A
  2. Github: N/A
1 Like

This pool is not a V2 pool, it is a V3 pool. The edits are now below:

Enable ANDY/WBNB (0.25% fee tier) V3 gauge on BNB Chain]

Overview:
Andy on BSC (The Boys Club Meta) introduces Andy, Pepe’s best friend in the Boys Club Comic, to the Binance Smart Chain ecosystem. Andy’s main goal is to bring back on-chain activity onto BSC as we move into 2025, by creating the biggest memecoin in the industry on BSC. We are continuing the understanding that every chain should have its own Boys Club member as a mascot; Ethereum has Pepe, Base has Brett, and now BSC will have Andy.

Proposed Bribe Structure

  • Total Allocation: $24,000 worth of ANDY tokens.
  • Duration: First 12 epochs (each epoch = 2 weeks).
  • Bribe Distribution: Approximately $2000 worth of ANDY tokens per epoch to incentivize LPs.
  • Gauge Fee Tier: 0.25% on PancakeSwap V3 (optimal for mid-cap tokens with higher trading volumes).

Details

  • Boost Multiplier and Emission Cap: 1.00x boost multiplier and 5% emission cap.
  • Andy is willing to scale up bribes when successful growth occurs.

Rationale for 0.25% Fee Tier
The 0.25% fee tier is ideal for ANDY/WBNB as it balances liquidity depth and fee revenue for LPs while accommodating trading volume typically seen for mid-market tokens.

Implementation Plan

  1. Pool Deployment: The ANDY/WBNB pool has already been deployed on PancakeSwap V3 with a 0.25% fee tier on the BNB Chain.
  2. Liquidity Incentives Launch: Initiate liquidity incentives by distributing $24,000 worth of ANDY tokens over the span of 12 epochs.
  3. Performance Monitoring: Regularly track and evaluate key performance metrics such as Total Value Locked (TVL), trading volume, and LP participation to gauge the program’s effectiveness and make necessary adjustments.
  4. Promotion and Outreach: Actively market the gauge and bribes through ANDY Network’s various channels, including Twitter, Telegram, key opinion leaders (KOL’s), and in partnership with BNB Chain.

Expected Outcomes

  • A marked increase in the total value locked (TVL) for the ANDY/WBNB pairing.
  • Amplified trading activity and improved liquidity on the BNB Chain.
  • Greater visibility and uptake of the $ANDY token among BSC users
  • Increased exposure for BSC ecosystem projects and BSC chain.

Conclusion
This proposal to activate the ANDY/WBNB (0.25% fee tier) gauge on the BNB chain marks an essential move to bolster ANDY liquidity and ecosystem presence. By allocating $24,000 in bribes over the course of 12 epochs, we aim to attract LPs, drive network growth, and enhance exposure for BSC within the broader crypto community.

Ultimately, this initiative is crafted to create a long-lasting win-win scenario for PancakeSwap and its users, fostering platform growth while delivering enticing returns for participants.

Links

  1. Token Address: Andy | Address 0x01CA78a2B5F1a9152D8A3A625bd7dF5765eeE1D8 | BscScan
  2. Liquidity Pool Address: 0x676d5F9b8cD3c314b0C8Bc635588e0C63e56B22f | BscScan
  3. N/A
  4. Website: https://www.andytoken.com
  5. Socials:
  1. Documentation: N/A
  2. Github: N/A

Thank you for your application! The Kitchen has enabled the ANDY/WBNB (0.25% fee tier) V3 gauges on BNB Chain with 1x boost multiplier and 0.5% emissions cap.