closedEnded 6 years ago · Snapshot (Offchain)
YIP-3: Add ETH-YAMv3 Uniswap Pool to the initial Distribution
By 0x17F9...1F6a3AContinue Reading
This proposal amends item 2 of the YIP-2 proposal to add the ETH-YAMv3 Uniswap V2 Pool to the initial Incentivization Distribution of YAMv3. If passed, it will split the initial 330,000 YAMv3 rewards in the following manner:
- YAMv3/yUSD Uniswap V2 Pool: 165,000 YAMS.
- ETH-YAMv3 Uniswap V2 Pool: 165,000 YAMS.
The reasoning for this change is to facilitate a one step YAMv3-ETH bridge and also to promote arbitrage trading between these two pairs.
The rest of the YIP-2 proposal would remain the same, meaning Incentives will be reduced by 30% each week for each pool, totaling a 1.1MM YAMv3 tokens to be distributed to stakers.
This proposal will go live 1 block after its parent YIP-2 proposal and it has a 3 day duration for voting.
TL;DR:
- Change YIP-2 Proposal to split 50%-50% the initial 330,000 YAMv3 of the Incentivization Distribution between the ETH-YAMv3 and the YAMv3/yUSD Uniswap V2 Pools.
- Everything else in the YIP-2 proposal remains intact.
Connect Wallet to Add Note
0Votes 133
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x0525...2f43f4 | 109,424 | Against |
 0x65C0...E10160 | 64,000 | Against |
 0x731D...aC1722 | 61,816 | Against |
 0x6485...06c1A4 | 43,086 | Against |
 0x7901...A89947 | 42,178 | Against |
VOTE POWER
0
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Proposal Status
- Mon August 24 2020, 09:01 pmVoting Period Starts
- Sat August 29 2020, 09:01 pmEnd Voting Period
Current Results
1-Against
450,628.416
2-For
30,864.904