TacoSwap DEX is a fork of UniSwap v2 protocol that offers higher liquidity rewards. The project is supported by its member-managed DAO.
Similar to other projects, TacoSwap had its good and bad times. This is why we believe that it’s important to celebrate even the smallest wins that the TacoSwap community has achieved during the past months. Let’s take a look back on some of them:
The community held a vote for the Community-DAO Admins. During the vote, people from the Community were voted as admins.
The community reunited again on their new official Telegram channel and discussion groups. You can access them here: channel, FR, EN, ES.
The TacoSwap project got reinforced by a new member. It welcomed Santi — a Spanish-speaking influencer — who makes splendid videos that contribute to the growth and the visibility of the project.
Santi was onboarded as an official TacoSwap influencer via WACEO — a non-profit legal blockchain advisory firm that provides regulatory clarity to DAOs, giving them access to competent service providers and consequently helping them scale and attain their business needs.
The Spanish community is growing and the project is gaining more exposure and interest lately. That being said, the expansion of the community is an important factor in the success of the project. This is why WACEO is currently looking for an English-speaking influencer who would join the team on this exciting journey.
However, some efforts should be done to drive growth higher including: providing liquidity. This is important because the price of eTaco-V2 is low at the moment and now is the best time to top up your tacos!
Meanwhile, we are keeping a close look on social media as well. For instance, — the already well-known to the community TacoSwap promoter — who said that he wishes to support the project and needs to know-how.
That can be answered by saying that the role of WACEO is to give recommendations on best practices. A great way of supporting the project is by adding liquidity equivalent to 120 ETH and a proportional amount of eTACO-v2s into the ETH-eTACOv2 pool on the DEX. The necessary amount of the eTACOs-v2s should be bought in smaller portions for a short period and should then be followed by providing liquidity for the whole amount of the eTACO-v2s in the ETH-eTACOv2 pool. The next step is promoting yield and farming.
The Community has been sharing great ideas on how to advance the project and support its growth.
However, funds are needed to accomplish that goal. The Dev fund of TacoSwap solely depends on the community and its actions. For instance, if the eTACO-v2 price and the liquidity surges, then the Dev fund would follow and more resources can be invested further in the project. The Dev fund is on this address -
WACEO is the interim custodian of the TacoSwap Dev fund, whose main purpose is to pay for the needed service providers, campaigns, and whatever the TacoSwap needs to advance.
That being said, celebrating even the smallest of the wins and achievements is the way to go forward, so more of these posts will keep coming so stay tuned!
In the meantime, we invite the Community to support the project and further its growth — we are on a great path, let’s keep moving forward.
