# EchoDEX Sponsorship Program

By [EchoDEX](https://paragraph.com/@echodex) · 2023-07-27

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_We are excited to unveil our latest initiative - the EchoDEX Ecosystem Sponsorship Program, designed to support and promote new token listings within our platform. Over the next 3 months, we will generously sponsor the transaction fees for all projects within the esteemed Linea Ecosystem. By simply filling out the provided form, Linea Ecosystem projects have the chance to receive an extended trading volume sponsorship from EchoDEX, covering up to $10 million in trading volume or even more!_

_This program aims to empower projects with exceptional potential, allowing them to flourish within the ever-evolving blockchain and decentralized finance landscape. Our commitment to fostering growth and innovation drives us to create an inclusive ecosystem that nurtures collaboration and groundbreaking advancements._

_So, let's dive into the detail of this program._

**I.     Scope of this Program**

Our program is specifically designed to cater to the needs of projects that are currently in the process of development within the Linea Ecosystem, which meet the following conditions:

*   Build a project related to Linea Ecosystem (including native or multi-chain projects)
    
*   Have a token on Linea Network and are ready to add a pool on EchoDEX
    

Our primary objective with this program is to provide comprehensive support and assistance to facilitate the growth and progress of the entire Linea ecosystem. Moreover, we mainly focus on nurturing and empowering individual projects within the system, ensuring they receive the necessary resources and guidance for successful development.

**II.     How the Sponsorship works**

The EchoDEX Sponsorship Program is organized through the Community Pool Fund mechanism of EchoDEX. This mechanism allows us, or anyone else, to provide $ECP tokens for a specific trading pool to be used as transaction fees. By adding $ECP to a trading pool, users will not have to pay transaction fees using the “Pay Fee by $ECP” feature when trading within that pool. Whenever a transaction occurs within that pool, the system automatically uses $ECP from the Community Pool Fund to cover the transaction fees.

Through the EchoDEX Sponsorship Program, we will contribute a certain amount of $ECP tokens to the Community Pool Fund of the trading pool that participants register with us. The $ECP we provide will be sufficient for project users to trade with 0 fees for the first 10 million trading volume.

After reaching the initial $10 million volume, users can continue trading in that pool and pay fees in two ways: Default or Pay in $ECP. Paying in default mode will incur a fee equivalent to 0.3% of the transaction value while using the Pay in $ECP method will only cost 0.1% of the transaction value. 

Additionally, we will have more Sponsorship rounds on the platform and may continue to sponsor fees for your project trading pool in the future.

_For example, Project A has a token of $A. Project A joined the EchoDEX Sponsorship program. Project A adds a pool A/ETH on EchoDEX. EchoDEX will add an amount of $ECP into the Community Pool Fund of trading Pool A/ETH. The token $ECP that EchoDEX supports will be enough to pay fees for users to trade in Pool A/ETH in the first $10M volume. After all the $ECP in the Community Pool Fund is run out, the pool is back to normal._  

**III.     EchoDEX responsible for this program**

*   Support Participants that meet the requirements of the program 
    
*   Support Participants to add pool on EchoDEX.
    
*   Add $ECP to the Community Pool Fund of Participants Trading Pool to pay fees for the first $10M trading volume of that trading pool.
    

\*\*IV.     Participation requirements: \*\*

*   Add Pool on EchoDEX.
    

  

**V.     How to join this program**

To participate in the EchoDEX Sponsorship Program, you can fill out this [Form](https://docs.google.com/forms/d/e/1FAIpQLSc4js3jDrgTMnc9_bYxkVpFSbLS_V9ZZz87KIQreCWGFTyBpw/viewform), and we will contact you ASAP.

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*Originally published on [EchoDEX](https://paragraph.com/@echodex/echodex-sponsorship-program)*