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executedEnded 4 years ago ยท  Onchain

PTIP-70 Uniswap V2 POOL rewards renewal

By 0x34E0...2b1D57

Simple Summary

Continue POOL distribution to UNI V2 liquidity providers for 60 days

Motivation

Supporting POOL/ETH liquidity on mainnet where the majority of trading volume occurs Further distributing the POOL token to protocol participants

Overview

The current POOL incentives end in less than 3 days. This proposal continues the LP rewards at 150 POOL per day. This distribution would last 60 days at which point it could be renewed by governance or left to expire.

Rationale

Without liquidity the POOL token will become more volatile. Pending a new liquidity solution we should continue our rewards to Uniswap V2 POOL/ETH. The liquidity providers provide an important service to the protocol and have proven themselves long-term aligned.

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0
Votes 9
VoterCast PowerVote & Rationale
0xC734...aed46F
40,284

FOR

0xca76...216f46
26,867

FOR

0x9F36...7d02B9
25,000

FOR

0xA519...fAC81b
21,084

FOR

Taliskye.eth
15,071

FOR

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VOTE POWER
0
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Proposal Status
  • Published Onchain 0x34E0...2b1D57
  • Thu April 21 2022, 02:48 pmVoting Period Starts
  • Tue April 26 2022, 03:10 amEnd Voting Period
  • Tue April 26 2022, 04:36 pmQueue Proposal
  • Fri April 29 2022, 08:08 pmExecute Proposal
Current Results

1-FOR

158,310.97

2-AGAINST

N/A Tokens

0%
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