Proposal to change IPT rewards
Forum thread: Proposal to change USDi rewards
The rationale and information are available on the forum thread linked above. If this proposal passes, IPT rewards will no longer be directed to UNI-v2 ETH-USDi LP token holders, and borrow incentives will decrease by 1/3. The revised methodology will go into effect in the 29th week of the IPT rewards program. Please note week 26 ends today, December 22nd, and weeks 27 & 28 will go on as planned because the governance process requires 12 days.
Any secondary contract (if it is made public) with at least 100k USDi can qualify to have the IPT rewards flow through to liquidity providers. For example, the UNI-v2 ETH-USDi pool or the Curve USDi-3pool. A participant must make a forum post requesting it be added with an explanation/example of how the accounting should be handled. If the information provided is sufficient the rewards script can be modified for the following week.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xF016...1C1143 | 12,363 | AGAINST |
 0x8Ac5...593aB4 | 2,014 | ABSTAIN |
VOTE POWER
Proposal Status
- Mon December 26 2022, 09:07 amVoting Period Starts
- Sun January 01 2023, 12:12 amEnd Voting Period
- Wed January 04 2023, 06:35 pmQueue Proposal
- Mon January 09 2023, 11:14 pmExecute Proposal
Current Results
1-AGAINST
12,362.711
2-ABSTAIN
2,013.814
3-FOR
N/A Tokens