Proposal: Extend LM Rewards for ROOK
Read the original proposal on Discourse
TL;DR
- The liquidity mining (LM) rewards program started on the 28th of February 2021.
- First 12 weeks of LM rewards for the ROOKBNT pool will be over on the 23rd of May 2021.
- On the 5th of March (earliest data on Dune Analytics), the pool liquidity was ~33,829.16 ROOK (~$14,209,662.46), and has since grown to ~37,520.82 ROOK (~$12,876,755.27), captured on the 19th of May [1].
- In the past month, the pool has attracted an average of $3,392.95 in daily fees and an average daily volume of $1,693,083.5 [2].
- The ROOKBNT pool is the deepest ROOK DEX&CEX pool, with roughly triple the liquidity of Uniswap ($4,095,993) [3].
Justification
KeeperDAO has had a good synergy with Bancor. An example of such is the integration of their gasless limit order functionality in the Bancor swap widget.
Here is a comparison of the fees obtained in the past 60 days from the pools with currently active LM rewards:

Please share your opinions/thoughts on the extension.
[1] Pool liquidity obtained from Dune Analytics
[2] Pool fees and volume obtained from Dune Analytics
[3] KeeperDAO markets checked on KeeperDAO price, ROOK chart, market cap, and info | CoinGecko
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
0x9B5e...6d0499 | 1.262M | FOR |
0x1C71...8CEAd7 | 949,395 | AGAINST |
0x374a...ff46B9 | 890,434 | FOR |
0xf8fF...8e92C6 | 703,514 | AGAINST |
0x4862...527Df6 | 560,915 | FOR |
VOTE POWER
Proposal Status
- Mon May 24 2021, 01:40 pmVoting Period Starts
- Thu May 27 2021, 01:40 pmEnd Voting Period
Current Results
1-FOR
3.928M
2-AGAINST
2.832M
