Gauntlet x Sushi Incentive Optimization [Renewal]
Description:
This proposal’s expectation is to produce an implementation. Full details and discussions can be found at: https://forum.sushi.com/t/gauntlet-x-sushi-incentive-optimization-renewal/10507
Synopsis: This proposal is to renew Gauntlet’s engagement with Sushi on dynamic incentive optimization to drive efficiency and growth for the upcoming 12-month period.
The new engagement seeks to serve Sushi more holistically. The project scope will be expanded to include optimizing the overall incentive budget and expanding optimization efforts across additional chains beyond Ethereum mainnet. The target metric for the engagement is Protocol Utility, defined as revenue less incentives for pools optimized by Gauntlet.
Gauntlet will provide the core team with a dashboard for visibility and post quarterly updates to the community.
Pricing for the engagement is a $500k service fee (denominated in $SUSHI) and a variable quarterly performance fee of 3.6% of Protocol Utility (denominated in $USDC or $SUSHI).
Gauntlet payment address: https://etherscan.io/address/0xD20c9667bf0047F313228F9fE11F8b9F8Dc29bBa
TLDR: Renew Gauntlet’s engagement with Sushi on incentive optimization for another year.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x9e6e...49Ed3E | 1.087M | Nay |
 0x62a4...96816a | 36,229 | Yay |
 0x9eB5...9c3fBb | 26,985 | Yay |
 0x13f8...E471b0 | 11,192 | Nay |
 0x0772...225744 | 9,125 | Abstain |
VOTE POWER
Proposal Status
- Mon June 06 2022, 02:35 pmVoting Period Starts
- Mon June 13 2022, 04:00 pmEnd Voting Period
Current Results
1-Nay
1.106M
2-Yay
107,687.801
3-Abstain
16,119.801