Prop-006 - AVAX Farm and adjustment
This new proposal aims at adjusting underperforming Farms and introducing a new AVAX farm!
There is 0 net dilution from the addition of the AVAX farm.
In recent months DAI has emerged ahead of USDT in volume very consistently due to the emergence of OHM style protocols on Fantom, as such we are adjusting the two farms to match the latest trend. SNX, ZOO and AAVE have been under-performing lately and are being lowered or discontinued in favor of FTM-AVAX which we expect to be a high volume pair.
FTM-JOE is being lowered at the request of TraderJoe (The BOO Farm on JOE is set to be lowered as well)
Finally, at the request of WOO we are discontinuing WOO-USDC in favor of WOO-FTM which we expect to have both more volume and more liquidity. WOO will also be refilling the partnered staking xBOO pool!
| Farm | Weight (old) | Weight (new) |
|---|---|---|
| FTM-DAI | 3 | 4.2 |
| FTM-fUSDT | 4.2 | 3 |
| FTM-JOE | 0.5 | 0.3 |
| FTM-AAVE | 0.7 | 0.4 |
| FTM-ZOO | 0.2 | 0 |
| FTM-SNX | 0.3 | 0 |
| New Farm | Weight |
|---|---|
| FTM-AVAX | 1.2 |
| Farm Replacement | Weight (old) | Weight (new) |
|---|---|---|
| WOO-USDC | 0.7 | 0 |
| WOO-FTM | 0 | 0.5 |
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x1b51...AA9Fac | 1.563M | Aye |
 0x9748...56f5D5 | 381,284 | Aye |
 0xDeC4...0635BC | 53,876 | Aye |
 0x599E...D5A1B3 | 46,484 | Aye |
 0x6Be8...bbC83f | 38,644 | Aye |
VOTE POWER
Proposal Status
- Thu December 16 2021, 05:00 pmVoting Period Starts
- Sat December 18 2021, 07:00 pmEnd Voting Period
Current Results
1-Aye
2.319M
2-Nay
4,485.233