[Temperature check] - Enable $IDLE farming for the RAI Pool
Summary The new RAI pool went live from Beta to mainnet on Idle a few weeks ago. The RAI pool on Idle is showing impressive traction and the tvl locked in the pool has already reached ~4.8 Mio USD. Discussion link: https://gov.idle.finance/t/enable-idle-farming-for-the-rai-pool-2/576
Details Currently, the RAI pool does not have any incentive. Therefore we propose to enable $IDLE farming for the RAI pool. The idleRAI pool will then be included in the $IDLE liquidity mining program, dynamically receiving $IDLE depending on TVL and APY of the pool. Currently RAI incentives Idle with Reflexer (see details here ). Idle’s Liquidity Mining program linearly distributes 2,340,000 IDLE (0.5 IDLE per block) until 26th November 2022. We therefore would like to officialize the ongoing Reflexer rewards program for the same duration as our liquidity mining program. IdleRAI depositors would then be able to receive both $IDLE and $FLX rewards until the end of Idle’s Liquidity Mining program.
This Temperature Check complies with the stkIDLE Voting Framework. This poll is available for both $IDLE token holders and stkIDLE holders. The final $IDLE voting weights will be calculated using the approved calculator.
Voting Options Please cast your vote on one of the following options to decide if we enable IDLE farming in the RAI pool:
- Yes
- No
- Discuss more
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x6f85...969314 | 49,462 | Yes |
 0xefdF...F1E196 | 1,615 | Yes |
 0x34AA...09b14F | 1,035 | Yes |
 0xa3E2...eAD200 | 863 | Yes |
VOTE POWER
Proposal Status
- Mon August 09 2021, 10:00 amVoting Period Starts
- Wed August 11 2021, 10:00 amEnd Voting Period
Current Results
1-Yes
52,974.385