closedEnded 5 years ago · Snapshot (Offchain)
Update Uni-v2 ETH-$DG Rewards
By 0xb3Ab...03B847Continue Reading
Background
Per Proposal #QmWN1No, Uni-V2 ETH-$DG LP rewards are 225 $DG/week 6/30 - 8/4. The current APY is ~76%, and there is ~$2.2M in liquidity for this pair.
Proposal
Reduce these rewards to 175 $DG/week for the next period (8/5 - 9/8).
Rationale
After 10 weeks at 225 $DG/week, this would get us back to our trend since launch of decreasing LP emission over time. We have been growing total liquidity on other platforms and chains – QuickSwap (Polygon), PancakeSwap (BSC), and SushiSwap (ETH) – so there’s room to reduce this source of emission a bit. It’s still valuable to have 7-figure ETH mainnet liquidity, however, so we shouldn’t reduce too drastically.
Connect Wallet to Add Note
0Votes 22
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x5E42...3866C2 | 10,214 | YES |
 0x7e5D...3d2af9 | 5,252 | YES |
 0x750A...8BADde | 5,120 | YES |
 0xb3Ab...03B847 | 5,000 | YES |
 0xA170...B83867 | 4,025 | YES |
VOTE POWER
0
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Proposal Status
- Thu July 29 2021, 07:00 pmVoting Period Starts
- Wed August 04 2021, 07:00 pmEnd Voting Period
Current Results
1-YES
32,792.797
2-NO
118.827