closedEnded 5 years ago · Snapshot (Offchain)
[PIP-19] Post-UNI PICKLE Rewards Allocation
By 0x8218...65fa5EContinue Reading
Background
UNI farming is expected to end on November 17. Following this forum discussion with 53 comments, a number of options for re-allocating the PICKLE rewards from the Uniswap LP farms have been proposed.
Proposal
Below are the three proposed allocations:
Option A: A heavier Bitcoin rewarded allocation Option B: A balanced approach between A and C Option C: A heavier stablecoin rewarded allocation
OPTION A
RenBTCCRV +11%
3CRV +4%
cDAI +2%
OPTION B
RenBTCCRV +7%
3CRV +5%
cDAI +5%
OPTION C
RenBTCCRV +3%
3CRV +7%
cDAI +7%
Projected APYs, profit fees, and TVL for each of the options:
For reference the final tally of a non-binding Discord vote was: 41-A (25%) | 28-B (17%) | 96-C (58%)
Caveat
Votes cast on this PIP may be ignored if:
- Uniswap governance decides that the UNI liquidity mining program will continue past November 17; or
- Sushiswap removes their 2/3 rewards lockup, at which point the Pickle Finance community will determine if the PICKLE rewards allocated to the Uniswap pools should be migrated to the analogous Sushiswap pools
Connect Wallet to Add Note
0Votes 70
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x82fb...BB62b5 | 102 | Option C |
 0x751B...6DE1cb | 38 | Option A |
 0x6FbE...89840f | 38 | Option B |
 0x9F11...738BA1 | 28 | Option B |
 0x7Db0...8bfcF0 | 22 | Option B |
VOTE POWER
0
Connect Wallet
Proposal Status
- Sun November 15 2020, 08:30 amVoting Period Starts
- Mon November 16 2020, 08:30 amEnd Voting Period
Current Results
1-Option C
334.576
2-Option B
188.056
3-Option A
101.207