[GIP-260] Incentive Allocation for Etherlink
Summary
This proposal seeks to allocate $5,000 worth of GEAR to incentivize the Etherlink USDC pool for one month. The aim is to continue supporting growth, attract liquidity providers, and strengthen the foundation of this market.
Motivation
The Etherlink USDC pool has shown strong initial traction, with $7.5M+ in TVL accumulated in its early phase. To sustain this momentum and maximize protocol revenue, additional incentives are needed.
By allocating GEAR incentives, the proposal intends to:
- Reward early participants who contribute liquidity.
- Encourage broader adoption and retention of liquidity providers.
- Strengthen revenue potential for the protocol by establishing a solid base of liquidity.
Specification
-
Amount: $5,000 worth of GEAR
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Duration: 1 month
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Pool: Etherlink USDC
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Curator: Re7 Capital
Rationale
Supporting the Etherlink USDC market in its growth stage ensures that liquidity remains robust, pricing stays efficient, and the protocol can continue scaling sustainably.
Implementation
The incentives will be distributed via Merkl to liquidity providers in the Etherlink USDC pool over the specified duration.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x55aA...0BA063 | 20.364M | For |
 0x5BfC...E91AA0 | 2.857M | For |
 0xb3bf...D36CE4 | 400,683 | For |
 0x659F...E5DADC | 6,246 | For |
 0x3426...525404 | 1,191 | For |
VOTE POWER
Proposal Status
- Wed October 01 2025, 03:52 pmVoting Period Starts
- Sat October 04 2025, 03:52 pmEnd Voting Period
Current Results
1-For
23.633M
2-Against
24.696