RGP-2.1: Raising the vault caps
One of the main goals of RGP-2: Liquidity Mining Program is to expand the number of RBN holders through a Liquidity Mining Program. As we get into the final week of the LM Program, we are considering raising the vault caps by ~25% to further increase the number of participants.
The new proposed vault caps are as follows:
- 10k -> 12.5k ETH
- 500 -> 625 WBTC
- 20m -> 25m USDC
To try and reduce the new vault capacity getting filled by whales, we will also be enforcing a ~$500k per-address deposit cap on the front-end.
We are setting the expiry of this vote to 8th July Noon UTC so that if it passes, new depositors have a day to deposit before the last round of LM rewards (9th July 10am UTC). If it passes, we will execute by 8th July 2pm UTC.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xCC52...3499f0 | 108,275 | Against / Defer |
 0xcfD2...c802C9 | 105,014 | For |
 0x1668...75c46C | 104,130 | For |
 0x8Ae2...47d501 | 104,039 | Against / Defer |
 0xd2Be...E142DF | 98,480 | Against / Defer |
VOTE POWER
Proposal Status
- Wed July 07 2021, 04:00 pmVoting Period Starts
- Thu July 08 2021, 11:00 amEnd Voting Period
Current Results
1-For
4.209M
2-Against / Defer
1.985M