Should GHST-USDC LP token be eligible to earn FRENS?
Our liquidity migration program has been a huge success, with over 8M GHST migrated to Matic already. However, as many community members have noted, liquidity for the GHST-USDC pair is still not deep enough to support trading large amounts of USDC for GHST on Quickswap.
We believe one way to remedy this is by adding GHST-USDC as a pair eligible for FRENS on https://aavegotchi.com/stake-matic. Just like GHST-QUICK has a receipt token stkGHST-QUICK, staked GHST-USDC can also emit a stkGHST-USDC token, which may be eligible for rewards on Quickswap, if their team deems it necessary.
Since this decision directly affects gameplay, we believe it is a ripe candidate for our first Snapshot vote on Matic.
We are setting a 500,000 GHST quorum for this vote to be enacted.
The GHST-USDC LP token will earn FRENS at the same rate as just staking GHST, since impermanent loss is minimal and fees are significant.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xfF62...CF766d | 0.00 | Yes, let GHST-USDC LP earn FRENS |
 0xFEB2...413fBB | 0.00 | Yes, let GHST-USDC LP earn FRENS |
 0xfEAc...A705e9 | 0.00 | Yes, let GHST-USDC LP earn FRENS |
 0xfDE5...D1a963 | 0.00 | Yes, let GHST-USDC LP earn FRENS |
 0xfcE3...E24Fb0 | 0.00 | Yes, let GHST-USDC LP earn FRENS |
VOTE POWER
Proposal Status
- Mon February 08 2021, 04:00 amVoting Period Starts
- Thu February 11 2021, 04:00 amEnd Voting Period