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closedEnded 6 years ago ยท Snapshot (Offchain)

Incentivize LPs to stay staked during the migration

By 0x18f7...DD5973

The moment of migration itself is the most valuable time for LPs to provide liquidity. Nothing in the existing structure incentivizes LPs being staked at the moment of migration.

  1. There are incentives to LPs BEFORE migration (10x pool)
  2. There is a proposal to offer incentives AFTER migration
  3. There is NO incentive to be locked in at the moment of migration! This is when SushiSwap needs LPs the most.

Currently anyone can just get sushis without participating in the migration. Why would you stay staked if you can make 10X rewards before and then pull out your funds and go on your merry way before migration happens?

Proposed Solution: Provide a large, one-time drop of Sushis for all LPs who are staked at the time of migration. This is even more important than providing incentives before the migration.

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Connect Wallet to Add Note
0
Votes 38
VoterCast PowerVote & Rationale
0x9E37...E0439a
6,311

One Time drop of sushis to LPs who are staked during migration

0x6621...5A1491
2,147

One Time drop of sushis to LPs who are staked during migration

0x11A5...09e5b0
2,093

One Time drop of sushis to LPs who are staked during migration

0x5c0d...80359F
1,805

One Time drop of sushis to LPs who are staked during migration

0x26Ac...0FB397
986

One Time drop of sushis to LPs who are staked during migration

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VOTE POWER
0
Connect Wallet
Proposal Status
  • Thu September 03 2020, 06:00 pmVoting Period Starts
  • Sat September 05 2020, 06:00 pmEnd Voting Period
Current Results

1-One Time drop of sushis to LPs who are staked during migration

16,046.101

99.53%

2-One time drop, but offset it with a reduction in pre-migration rewards

43.978

0.27%

3-No incentive during migration is needed

31.009

0.19%
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