closedEnded 5 months ago · Snapshot (Offchain)
[GIP-261] Incentive allocation for Plasma
By 0x55aA...0BA063Continue Reading
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 $70,000/week 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 $70,000/week contribution.
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0Votes 10
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x55aA...0BA063 | 20.364M | For |
 0x5BfC...E91AA0 | 2.857M | For |
 0xb3bf...D36CE4 | 398,402 | For |
 0x659F...E5DADC | 6,218 | For |
 0x3426...525404 | 1,191 | For |
VOTE POWER
0
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Proposal Status
- Thu October 02 2025, 01:16 pmVoting Period Starts
- Sun October 05 2025, 01:16 pmEnd Voting Period
Current Results
1-For
23.631M
Quorum 23.631M/200M