LDO incentives to liquidity providers on LDO/stETH pair on 1inch exchange
The DAO will provide 250,000 LDO tokens to be distributed to LP on 1inch exchange proportional to the amount of liquidity and timespan of providing it, counting from the period liquidity mining incentives on 1inch start and until 4 weeks pass.
250,000 is a nice round number chosen to roughly match the 1inch contribution, and Opium’s one from the other 1inch liquidity mining pool.
They will be distributed in form of a claimable airdrop 30 days from February 2 (so, on March 3, 2020). That way the devs have a day to compute a snapshot and deploy the airdrop contract, and the DAO will take a day to vote on the token transfer.
The continuation of this program, tweaking of numerical parameters, as well as making it into a more complex dual-incentive smart contract instead of an airdrop is to be decided later when the effects of the current liquidity mining program can be evaluated
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xC24d...e5102d | 17.778M | Yay |
 0x7eE0...36bb6C | 10M | Yay |
 0x6833...6b64D6 | 5M | Yay |
 0x4a7C...A4C7cE | 5M | Yay |
 0x1109...CC43dA | 2M | Yay |
VOTE POWER
Proposal Status
- Tue February 02 2021, 04:30 amVoting Period Starts
- Wed February 03 2021, 04:30 amEnd Voting Period
Current Results
1-Yay
39.815M