[PIP-40] To whitelist veToken Finance on DILL
Objective
veToken Finance aims to help users vote-lock in various projects, boosts yield and farming rewards and participates in DAO governance.
How does veToken Finance works?
VETOKEN enables users to stake their PICKLE (through staking tokenized Dill), and in turn receive protocol fees and shares of boosted PICKLE received by liquidity providers.
Users are also able to trade tokenized DILL (we call tokenized veAsset in general) at Secondary markets. Accordingly, this staking mechanism provides better capital efficiency, and better balance between liquidity providers and stakers.
In the meantime, VETOKEN’s long term holders are permitted to vote for protocol parameters, such as gauge weights (a la Curve) and Farm Weights (a la Pickle), as well as any other governance voting.
There will be an airdrop for DILL holders and white-list voters , though specific amount need to be finalized.
More details and discussion at: a) https://vetokenfinance.medium.com/83cd4ddfdfcc b) https://forum.pickle.finance/t/request-for-feedback-to-whitelist-vetoken-finance-on-dill-contract/1231/5 c) Smart contract: https://etherscan.io/address/0x05A7Ebd3b20A2b0742FdFDe8BA79F6D22Ea9C351#writeContract
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x90E5...2A0b66 | 25,663 | Do Nothing |
 0xb0e8...7384af | 24,626 | Do Nothing |
 0xe92b...25Aa83 | 20,643 | Do Nothing |
 0x51EC...Fab220 | 9,895 | Proceed with proposal |
 0xb1f5...49Bcf6 | 6,587 | Do Nothing |
VOTE POWER
Proposal Status
- Mon August 02 2021, 12:00 pmVoting Period Starts
- Wed August 04 2021, 12:00 pmEnd Voting Period
Current Results
1-Do Nothing
131,972.677
2-Proceed with proposal
32,446.904