# Incentivize the liquidity of USDA and XNK tokens

**URL:** <https://community.wingriders.com/t/incentivize-the-liquidity-of-usda-and-xnk-tokens/264>\
**Category:** DAO Proposals\
**Tags:** dao, dao-proposal, wrt\
**Created:** [16 April 2025 14:53 UTC](https://community.wingriders.com/t/incentivize-the-liquidity-of-usda-and-xnk-tokens/264 "2025-04-16T14:53:15Z")\
**Posts on this page:** 4\
**Page:** 1

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**Author:** ![TNT](https://dub1.discourse-cdn.com/flex005/user_avatar/community.wingriders.com/tnt/32/146_2.png) [@TNT](https://community.wingriders.com/u/TNT)\
**Post date:** [16 April 2025 14:53 UTC](https://community.wingriders.com/t/incentivize-the-liquidity-of-usda-and-xnk-tokens/264/1 "2025-04-16T14:53:15Z")

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**Motivation**

Dear Riders, this is a proposal designed to boost the price of the WRT token by generating an income stream in ADA for buybacks of the token through creating trading activity on the Wingriders DEX via liquidity incentives.  
USDA has become the stablecoin with the highest TVL liquidity in the entire Cardano ecosystem, and yet we do not have any pools for it on Wingriders.  
XNK is the token representing tokenized gold, brought to Cardano by the prestigious Japanese gold custody firm Kinka Gold in collaboration with Emurgo.  
Both tokens represent opportunities that no major DEX on Cardano can afford to ignore, due to their current and future significance.

**Goal**  
Promote the growth in TVL of the strategic tokens USDA and XNK.

**Relevant Points**  
The Wingriders team is invited to determine which specific farms to incentivize. Examples of potential farms include USDA/ADA, USDA/USDM, and XNK/ADA.

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**Author:** ![ilkka](https://dub1.discourse-cdn.com/flex005/user_avatar/community.wingriders.com/ilkka/32/9_2.png) [@ilkka](https://community.wingriders.com/u/ilkka)\
**Post date:** [17 April 2025 12:27 UTC](https://community.wingriders.com/t/incentivize-the-liquidity-of-usda-and-xnk-tokens/264/2 "2025-04-17T12:27:20Z")

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Happy to put it into a vote as a commitment. USDA makes sense, but this is the first I’m hearing about XNK to be honest. The XNK token is not out yet only planned? Hard to make a decision on XNK yet while I think USDA is a good option.

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**Author:** ![TNT](https://dub1.discourse-cdn.com/flex005/user_avatar/community.wingriders.com/tnt/32/146_2.png) [@TNT](https://community.wingriders.com/u/TNT)\
**Post date:** [17 April 2025 12:40 UTC](https://community.wingriders.com/t/incentivize-the-liquidity-of-usda-and-xnk-tokens/264/3 "2025-04-17T12:40:40Z")

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XNK is tokenized gold from one of the world’s most reputable gold custody companies. Traditional finance is entering Cardano, and we should welcome it. There isn’t XNK in circulation on Cardano yet? There will be soon, and would you rather be a pioneer or swallow the dust of the dirt road?

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**Author:** ![pirates8883](https://dub1.discourse-cdn.com/flex005/user_avatar/community.wingriders.com/pirates8883/32/112_2.png) [@pirates8883](https://community.wingriders.com/u/pirates8883)\
**Post date:** [29 April 2025 14:37 UTC](https://community.wingriders.com/t/incentivize-the-liquidity-of-usda-and-xnk-tokens/264/4 "2025-04-29T14:37:43Z")

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Kinka has just tokenized the first batch of gold on Cardano.
