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closedEnded 5 years ago ยท Snapshot (Offchain)

Should the 5 MTA/95 mUSD EARN pool be retired?

By 0xD43a...275Eb4

The mStable community have sent strong signals that the 5 MTA/95 mUSD EARN pool should be retired.

Those in support of this proposal noted that there now exists an imbalance after the the 95 MTA/5 mUSD EARN pool was retired, that this imbalance could be impacting MTAโ€™s liquidity, and that Staking v1 now exists for those who want to earn MTA with low possibility of impermanent loss.

Those against this proposal have indicated they are uncertain removing the pool will lead to any benefits for other EARN pools.

This is an opportunity for MTA Governors to signal their desire for the future of the 5 MTA/95 mUSD EARN pool. Separate polls will capture the Governorsโ€™ opinion on how to re-allocate the 15,000 MTA weekly rewards being emitted to liquidity providers, and over what period of time this should occur.

Should the 5 MTA/95 mUSD EARN pool be wound down/retired?

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0
Votes 62
VoterCast PowerVote & Rationale
0xd443...a776D7
129,603

Yes, retire the 5 MTA/95 mUSD EARN pool

0x66F9...bf018E
104,684

Yes, retire the 5 MTA/95 mUSD EARN pool

0x6e3A...782aFB
102,201

Yes, retire the 5 MTA/95 mUSD EARN pool

0x365a...6e1Df7
97,758

No, do not retire the 5 MTA/95 mUSD EARN pool

0x19D6...8F16B4
45,881

Yes, retire the 5 MTA/95 mUSD EARN pool

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0
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Proposal Status
  • Mon November 02 2020, 06:00 pmVoting Period Starts
  • Sun November 08 2020, 05:00 pmEnd Voting Period
Current Results

1-Yes, retire the 5 MTA/95 mUSD EARN pool

595,110.942

83.16%

2-No, do not retire the 5 MTA/95 mUSD EARN pool

120,519.365

16.84%
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