closedEnded 5 years ago · Snapshot (Offchain)
[PIP-24] PICKLE rewards for MIC-USDT PickleJar
By 0x8218...65fa5EContinue Reading
Intro
Background and PIP discussion here.
In short, our new Basis Cash and MITH Cash PickleJars have been successful at attracting deposits and for generating protocol revenue. There is an opportunity to attract even more liquidity by incentivizing the MIC-USDT Jar with PICKLE emissions.
Proposal
This proposal, if passed, will allocate PICKLE rewards as follows:
PICKLE/ETH: 64%
pSUSHIMICUSDT: 6%
pUNIBACDAI: 6%
p3CRV: 4%
pSUSHIDAI (Sushi ETH/DAI LP): 4%
pSUSHIUSDC (Sushi ETH/USDC LP): 4%
pSUSHIUSDT (Sushi ETH/USDT LP): 4%
pSUSHIWBTC (Sushi ETH/WBTC LP): 4%
pSUSHIYFI (Sushi ETH/YFI LP): 4%
This evens out the emissions for our two newest Jars at 6%, flattens the Sushi Jar rewards at 4%, and decreases PICKLE/ETH LP rewards by 1%. Presently, the allocation of PICKLE rewards is as follows:
PICKLE/ETH: 65%
pUNIBACDAI: 8%
p3CRV: 4%
pSUSHIDAI (Sushi ETH/DAI LP): 4%
pSUSHIUSDC (Sushi ETH/USDC LP): 4%
pSUSHIUSDT (Sushi ETH/USDT LP): 4%
pSUSHIWBTC (Sushi ETH/WBTC LP): 5%
pSUSHIYFI (Sushi ETH/YFI LP): 6%
Connect Wallet to Add Note
0Votes 13
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x9F11...738BA1 | 28 | Implement proposal |
 0x2166...523860 | 17 | Implement proposal |
 0x58D3...568d14 | 16 | Do nothing |
 0xaCfE...b4c47C | 9 | Implement proposal |
 0x577B...18b1Cc | 6 | Implement proposal |
VOTE POWER
0
Connect Wallet
Proposal Status
- Thu January 14 2021, 10:00 amVoting Period Starts
- Fri January 15 2021, 10:00 amEnd Voting Period
Current Results
1-Implement proposal
75.957
2-Do nothing
27.318