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executedEnded 5 years ago ยท  Onchain

Proposal #5: Add AP reward for DAI, cDAI and WBTC pool

By 0xB40A...48B470

The new DAI, cDAI and WBTC pools currently have a very low deposit count resulting in a very weak anonymity set. We propose to incentivize pool usage with AP reward without changing the TORN inflation schedule.

Last month, new Tornado Cash anonymity pools were added. However, they suffer from a very low deposit count making them useless.

To address the low number of deposits, we propose to add AP rewards for these new pools. Important, adding AP reward does not change the TORN circulating supply schedule. The AP is swapped for TORN in the same AMM as the current ongoing ETH pool mining. It means that no additional TORN tokens are put toward mining.

IMPORTANT NOTE: THIS PROPOSAL DOES NOT INCREASE THE TORN INFLATION RATE

see the full post here: https://torn.community/t/proposal-5-add-ap-reward-for-dai-cdai-and-wbtc-pool/717

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0
Votes 50
VoterCast PowerVote & Rationale
0x055A...4b3e90
10,395

FOR

0xe2ca...63ca29
7,129

AGAINST

0xEBf9...052D8f
4,298

FOR

0xB40A...48B470
3,400

FOR

0xD881...7f330b
2,354

AGAINST

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0
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Proposal Status
  • Published Onchain 0xB40A...48B470
  • Sat April 10 2021, 06:13 pmVoting Period Starts
  • Tue April 13 2021, 06:13 pmEnd Voting Period
  • Queue Proposal
  • Tue April 13 2021, 06:13 pmExecute Proposal
Current Results

1-FOR

28,937.547

62.75%

2-AGAINST

17,179.219

37.25%
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