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executedEnded 4 years ago ยท  Onchain

PTIP 81 - Extend ETH/POOL LP on Uniswap V2 for 60 days at a rate of 150 POOL per day

By 0xD708...1BaB3A

PTIP-81 Extend ETH/POOL LP on Uniswap V2 for 60 days at a rate of 150 POOL per day

Simple Summary

Extend ETH/POOL LP on Uniswap V2 for 60 days at a rate of 150 POOL per day.

Motivation

The POOL rewards for the POOL/ETH LP on Uniswap V2 are ending today. In order to maintain some liquidity on Ethereum, we should keep this reward program running.

Rationale

While the Treasury Working Group (TWG) is working on providing liquidity on Uniswap V3, we should maintain liquidity on Uniswap V2 to avoid any large price movements caused by a lack of liquidity.

At the end of the 60 days period, we can figure out if the liquidity provided by the TWG on Uniswap V3 is enough or if we should also keep some liquidity on Uniswap V2.

TWG RFC: https://gov.pooltogether.com/t/a-foundation-for-protocol-owned-liquidity/2534/3

Technical Specification

Call the transfer function on the POOL token.

Contract: 0x0cec1a9154ff802e7934fc916ed7ca50bde6844e

Function: transfer(address,uint256)

Inputs: dst: 0x9A29401EF1856b669f55Ae5b24505b3B6fAEb370 rawAmount: 9000000000000000000000

Status

PTIP: https://gov.pooltogether.com/t/ptip-81-extend-eth-pool-lp-on-uniswap-v2-for-60-days-at-a-rate-of-150-pool-per-day/2536 Snapshot: https://snapshot.org/#/pooltogether.eth/proposal/0x0ffb7dfcd08ea71fe5ffb2f509ec1f6f6e47b7c11f7afe6d72578251d89fb5a9

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0
Votes 89
VoterCast PowerVote & Rationale
0x9F36...7d02B9
25,031

FOR

0xA519...fAC81b
21,084

AGAINST

0xD442...B346BE
20,000

FOR

0x3994...46D46b
17,000

FOR

0xD708...1BaB3A
16,969

FOR

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0
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Proposal Status
  • Published Onchain 0xD708...1BaB3A
  • Sat September 10 2022, 10:29 pmVoting Period Starts
  • Thu September 15 2022, 03:53 pmEnd Voting Period
  • Thu September 15 2022, 03:54 pmQueue Proposal
  • Sat September 17 2022, 07:45 pmExecute Proposal
Current Results

1-FOR

131,017.555

86.14%

2-AGAINST

21,084

13.86%
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