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closedEnded 4 years ago ยท Snapshot (Offchain)

Modify pool weights for Liquidity Mining, based on pool utilization

By 0x50CC...837822

Abstract: There are some pools with consistently higher utilization rates than others (WETH > WBTC > LINK). As such, the Liquidity Mining rewards should be updated to favor pools with higher demand.

Specification:

  • Increase WETH alloc points from 200 to 300 (50%)
  • Leave WBTC alloc points unchanged at 200 (33.33%)
  • Reduce LINK pool alloc points from 200 to 100 (16.66%)

Motivation: This update will align Premia LM incentivizes with the protocolโ€™s current demand for options.

Connect Wallet to Add Note
0
Votes 14
VoterCast PowerVote & Rationale
0x8A4A...dbF14B
140,011

YES - Modify weights to 3:2:1

0x6255...912926
66,366

YES - Modify weights to 3:2:1

0x69FC...433C2A
23,852

YES - Modify weights to 3:2:1

0x1d82...36e1Dd
19,302

NO - Leave weights at 1:1:1

0xdC21...dff5Da
18,729

YES - Modify weights to 3:2:1

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VOTE POWER
0
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Proposal Status
  • Mon December 06 2021, 10:00 amVoting Period Starts
  • Wed December 08 2021, 10:00 pmEnd Voting Period
Current Results

1-YES - Modify weights to 3:2:1

323,189.417

94.36%

2-NO - Leave weights at 1:1:1

19,301.968

5.64%
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