TL DR

1. The LM Rewards will be extended on SNX Pool.
2. The current reward rates for the pool will be unaffected. 2a. There might be a separate proposal that reduces the rewards in half for this pool with the existing conditions left in place.
3. The LM rewards duration on the SNX pool can be ended prior to the completion of the extension if the DAO votes to do so.
4. The LM rewards rate on the SNX pool can be modified prior to the completion of the extension if the DAO votes to do so.

Vote For : Extend LM Rewards for 12 Weeks on SNX Pool

Vote Against : Do not Extend LM Rewards on SNX Pool

Discussion

Current pool depth is roughly 14.5M:

We have the most liquidity for this token as compare to uniswap and sushiswap (not that far off):

There is also a Uniswap V3 pool with roughly ~1.75M in liquidity.

Weekly Fees and Volume for this token since the week of 4/5:

Compared to other tokens that have an ongoing or had an LM campaign, the total fees for different time periods:

~90 Days ago (since the week of 4/5):

symbol	total_fees
BAT	$125,079.66
OCEAN	$141,529.70
REN	$148,426.74
GRT	$174,238.84
WOO	$202,054.20
UNI	$223,053.18
ROOK	$289,469.21
MKR	$354,916.60
SNX	$365,253.36
AAVE	$372,303.90
YFI	$422,000.75
ALPHA	$429,550.91
wNXM	$797,134.52
ENJ	$1,291,749.27
MATIC	$1,760,353.93

~60 Days ago (since the week of 5/10):

symbol	total_fees
REN	$62,930.15
OCEAN	$67,769.67
GRT	$78,728.89
UNI	$83,402.09
BAT	$100,079.63
ROOK	$150,123.49
WOO	$202,054.20
MKR	$216,707.30
ALPHA	$226,614.57
AAVE	$231,900.82
SNX	$256,122.20
YFI	$265,919.83
wNXM	$348,362.08
ENJ	$495,802.55
MATIC	$1,224,334.21

~30 Days ago (since the week of 6/7):

symbol	total_fees
UNI	$14,578.07
REN	$20,158.88
MKR	$29,012.43
YFI	$30,145.05
GRT	$30,763.36
OCEAN	$31,982.59
BAT	$47,537.33
AAVE	$60,848.50
ALPHA	$63,152.97
ROOK	$65,662.43
wNXM	$67,450.10
SNX	$88,422.46
WOO	$155,823.29
MATIC	$186,992.03
ENJ	$213,959.65

Volume and Fee data since the week of 4/5/21:

symbol	time	Conversion Fees in USD	Volume in USD
SNX	4/5/2021 0:00	$21,867.34	$10,911,802.80
SNX	4/12/2021 0:00	$29,610.42	$14,775,601.75
SNX	4/19/2021 0:00	$19,012.34	$9,487,158.99
SNX	4/26/2021 0:00	$12,394.23	$6,184,718.72
SNX	5/3/2021 0:00	$26,246.90	$13,097,201.01
SNX	5/10/2021 0:00	$60,736.47	$30,307,496.58
SNX	5/17/2021 0:00	$69,019.71	$34,440,836.42
SNX	5/24/2021 0:00	$27,029.16	$13,487,552.16
SNX	5/31/2021 0:00	$10,956.55	$5,467,320.91
SNX	6/7/2021 0:00	$27,352.11	$13,648,705.13
SNX	6/14/2021 0:00	$13,832.78	$6,902,556.97
SNX	6/21/2021 0:00	$11,232.99	$5,605,261.01
SNX	6/28/2021 0:00	$12,849.57	$6,411,937.07
SNX	7/5/2021 0:00	$23,155.10	$11,554,392.91