Gearbox DAO

Summary

This proposal requests the DAO to allocate $20,000 worth of $GEAR as incentives for the Plasma ecosystem. The incentives are intended to support growth, attract liquidity providers, and enhance traction during the initial launch phase.

In addition, Plasma has committed $40,000 in complementary incentives, making this a joint effort to reward participants and strengthen adoption.

Motivation

The Plasma ecosystem represents a significant opportunity for the protocol to expand its liquidity base and drive usage. Allocating $GEAR incentives will:

• Reward early participants who contribute liquidity.
• Encourage broader adoption and retention of liquidity providers.
• Complement Plasma’s ongoing incentive commitment.
• Deepen liquidity and improve the efficiency of borrowing and lending.

Rationale / Justification

• Aligned incentives: DAO support complements external incentives provided by Plasma.
• Liquidity growth: Dual incentive streams strengthen liquidity and protocol adoption.
• Sustainability: Shared commitment distributes responsibility between DAO and external partner.

Proposal Allocate $20,000 worth of $GEAR to incentivize Plasma ecosystem for a month, alongside Plasma’s additional $40,000 contribution.