# Strategy for sourcing new token ideas

**URL:** <https://forum.cryptex.finance/t/strategy-for-sourcing-new-token-ideas/359>\
**Category:** Ideas\
**Created:** [March 27, 2023, 3:30am UTC](https://forum.cryptex.finance/t/strategy-for-sourcing-new-token-ideas/359 "2023-03-27T03:30:47Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![brajon](https://yyz2.discourse-cdn.com/flex028/user_avatar/forum.cryptex.finance/brajon/32/75_2.png) [@brajon](https://forum.cryptex.finance/u/brajon)\
**Post date:** [March 27, 2023, 3:30am UTC](https://forum.cryptex.finance/t/strategy-for-sourcing-new-token-ideas/359/1 "2023-03-27T03:30:47Z")

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Garnering inspiration from the ([Vote | FloorDAO](https://floor.xyz/vote/)) collection rounds where DAO members vote to include their favored NFT projects into the DAO treasury each round, I would like to see Cryptex adopt a similar voting mechanism for sourcing new market tokens to unlock with our protocols.

Criteria for New Tokens:

- Priority given to new tokens that already have live oracles
- New tokens will have certain data thresholds (expected volume, data availability, etc)

Example token ideas:

- Base Fee - tracks price of base fee per block in gwei (or avg of certain # of blocks)
- Daily Volume - tracks the 24hr volume of the total crypto market (or other time period)
- Bitcoin Dominance - tracks the dominance of Bitcoin across total crypto market cap
- Post Milady - tracks floor prices of milady NFTs (milady, remilio, radbro, pixelady, etc)
- Carbon Supply - tracks total market cap of the voluntary carbon market

_ **Only a Snapshot vote is needed to garner sentiment.** _

_ **On-chain governance will be used when the team has narrowed an acceptable list to vote on after considering the efficacy of deploying the new token ideas.** _

Please respond with your own suggestions and ideas and lets come up with some cool new markets as a community to deploy to our V1 Collateralized Vaults & V2 Perpetual Exchange!!

-brajon

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**Author:** ![dnkta.eth](https://yyz2.discourse-cdn.com/flex028/user_avatar/forum.cryptex.finance/dnkta.eth/32/238_2.png) [@dnkta.eth](https://forum.cryptex.finance/u/dnkta.eth)\
**Post date:** [April 25, 2023, 2:25pm UTC](https://forum.cryptex.finance/t/strategy-for-sourcing-new-token-ideas/359/2 "2023-04-25T14:25:46Z")

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Great ideas @brajon

Two more from me:

- Stablecoin Marketcap Token
- Crypto Volatility Index Token