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Update xgov-105.md
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SudoWeezy authored Feb 5, 2024
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Expand Up @@ -77,14 +77,14 @@ The project will be implemented in three phases:
3. **Phase Three:** Proposing an Algorand governance vote to allocate foundation funds for permanent liquidity support, creating a new income stream for Governance from liquidity pool fees.
4. **Phase Four:** Potentially replace the portalbridge dependency with an Algorand native solution that relies on ZKPs to create wrapped tokens.

## Benefits for the Community
## Benefits for the community

1. Reduced fees for moving funds between cash and Algorand, making it more cost-effective for users and increasing on chain liquidity.
2. Expanded opportunities for both Algorand and Arbitrum communities through increased interaction and visibility.
3. New income from liquidity pool fees post-Phase Three, diversifying Algorand Governance's revenue sources.
4. Potential to expand this model to other cross-chain asset opportunities.
1. For example, Coinbase's L2 Base, Optimism, Polygon, etc.
2. Or if Algorand ever had broader exchange support for USDCa, this process could be flipped such that Algorand is a liquidity on/off ramp for other chains without USDC like [Mina](https://minaprotocol.com/)
2. Or if Algorand ever had broader exchange support for USDCa, this process could be flipped such that Algorand is a liquidity on/off ramp for other chains without USDC like <a href="https://minaprotocol.com/" target="_blank">Mina</a>

## Additional information

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