Where should the MTA rewards for the mUSD/3pool Metapool come from?
Please only vote on this proposal if you voted YES to allocate 10K MTA to the Curve mUSD/3pool Metapool.
In Discord, Telegram and mStable forum discussions, two viable sources for where MTA rewards for Curve’s mUSD/3pool Metapool were identified:
- Reallocating 10K from the MTA/mUSD 5/95 EARN pool to Curve mUSD/3pool
- Allocate a new 10K from public rewards allocation
A poll on this topic was recently held but ambiguity and concern over where the MTA would be allocated from lead to some confusion and several community members asked for those items to be clarified and brought to another vote.
Arguments in favour of re-allocating existing rewards were raised in an effort to combat further MTA dilution, and noted that there were some existing EARN pools that may be over funded or not providing sufficient utility.
Arguments in favour of allocating fresh MTA from the public rewards allocation noted that MTA incentives naturally lead to mUSD growth and that liquidity should be contributed to all leading DeFi AMMs to ensure all bases are covered.
General arguments in favour of allocating MTA to this Metapool noted that Curve’s AMM is far more efficient than Balancer’s for stablecoins, and a single pool would offer trades with three other USD pegged stablecoins.
As of the creation of this poll, there is currently over $1M of liquidity in this Metapool.
If you voted in favour of allocating 10K MTA to Curve’s mUSD/3pool Metapool, where should the MTA come from?
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x6e3A...782aFB | 107,538 | Re-allocate from mUSD 95/MTA 5 pool |
 0x365a...6e1Df7 | 81,644 | Re-allocate from mUSD 95/MTA 5 pool |
 0x2Ee8...3bB9cA | 34,288 | Re-allocate from mUSD 95/MTA 5 pool |
 0x66F9...bf018E | 28,684 | Allocate fresh MTA from public rewards allocation |
 0x7575...351ff0 | 23,836 | Re-allocate from mUSD 95/MTA 5 pool |
VOTE POWER
Proposal Status
- Fri October 16 2020, 05:00 pmVoting Period Starts
- Sun October 18 2020, 04:00 pmEnd Voting Period
Current Results
1-Re-allocate from mUSD 95/MTA 5 pool
351,771.117
2-Allocate fresh MTA from public rewards allocation
30,465.168