The launch of an Across token will grow and unite the Across community, incentivize liquidity providers, increase awareness of Across, and further the mission of being the fastest and cheapest L2 bridge. This proposal outlines a token launch plan and can be largely divided into three parts:

Initial Distribution - a diversified airdrop and a treasury token swap;

Reward Locking Mechanism - a novel rewards program to incentivize all actions that support the Across protocol;

Future Actions - a fundraising plan using success tokens 57 and a staking mechanism;

UMA’s Optimistic Rewarder (OR) contract is a new DAO primitive that enables the creation of a customized rewards program that can direct token rewards to a wallet for any verifiable action that supports the protocol. This contract will be used to build the Across Reward Locking Mechanism to determine the rate at which rewards will be paid to a specific wallet. The longer a wallet keeps accumulated rewards unclaimed the faster the wallet earns additional rewards.

The launch of an Across token will grow and unite the Across community, incentivize liquidity providers, increase awareness of Across, and further the mission of being the fastest and cheapest L2 bridge. This proposal outlines a token launch plan and can be largely divided into three parts:

Initial Distribution - a diversified airdrop and a treasury token swap;

Reward Locking Mechanism - a novel rewards program to incentivize all actions that support the Across protocol;

Future Actions - a fundraising plan using success tokens 57 and a staking mechanism;

UMA’s Optimistic Rewarder (OR) contract is a new DAO primitive that enables the creation of a customized rewards program that can direct token rewards to a wallet for any verifiable action that supports the protocol. This contract will be used to build the Across Reward Locking Mechanism to determine the rate at which rewards will be paid to a specific wallet. The longer a wallet keeps accumulated rewards unclaimed the faster the wallet earns additional rewards.