FIP-25 Direct TribalChief Rewards To G-UNI FEI-DAI
Forum Thread: https://tribe.fei.money/t/fip-25-a-case-for-directing-tribe-rewards-to-g-uni-pools/3459
Proposal: Direct 100 AP rewards to G-UNI FEI-DAI pool
Abstract: G-UNI is a fungible (ERC20) wrapper around an LP Position on a Uniswap V3 trading pair. Fees earned by the position are automatically reinvested into the position by Gelato automation for compounding effects. Liquidity is added into the G-UNI Pooled Position and G-UNI tokens are minted. These G-UNI tokens have the ability to be staked into liquidity mining program such as FEI’s TribalChief rewards to earn TRIBE. Specifically, we are proposing that 100 AP rewards be directed to G-UNI FEI-DAI.
Technical Details: The G-UNI FEI-DAI pool will be a fixed range position that does not change. At first, the pool will be managed by the Gelato multisig but will be handed off to FEI’s optimistic approval multisig shortly after.
FEI/DAI specs: Fee Tier: 0.05% (see pool here 1) Position Lower Bound: 1 FEI = 0.9901 DAI (tick = -100) Position Upper Bound: 1 FEI = 1.0101 DAI (tick = 100) AP Rewards: 100
Voting Rules: Voting will last 2 days. This is a non-binding signal vote. Please keep in mind that snapshot votes can be changed but not withdrawn until the end of the voting period.
The two options to vote on are: Yes, Direct 100 AP Rewards to G-UNI FEI-DAI Pool No, Do Nothing
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x22fa...91Cb32 | 5.25M | Yes, Direct Rewards |
 0x70b6...ddeCA9 | 5.114M | Yes, Direct Rewards |
 0xc8ee...f97EfA | 5M | Yes, Direct Rewards |
 0x7E74...6001D2 | 2.521M | Yes, Direct Rewards |
 0x55e1...2E764c | 1.211M | Yes, Direct Rewards |
VOTE POWER
Proposal Status
- Tue September 14 2021, 06:30 amVoting Period Starts
- Thu September 16 2021, 06:30 amEnd Voting Period
Current Results
1-Yes, Direct Rewards
21.951M