OK, I’m happy to say that we have resolved some of the uncertainties around initial seed liquidity and the initial liquidity mining programme is now viable.
As such the modification is not required.
The liquidity mining will use today’s 20 day TWAP (coingecko opening price) of $36.68, so the $140,000 for the initial 30 day programme will be 3,810 INDEX (127 per day).
My apologies for any confusion caused my the modification proposed over the weekend.