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AavegotchiAavegotchiby0x027Ffd3c119567e85998f4E6B9c3d83D5702660caavegotchi.lens

Should GHST-USDC LP token be eligible to earn FRENS?

Voting ended about 5 years agoFailed

Our liquidity migration program has been a huge success, with over 8M GHST migrated to Matic already. However, as many community members have noted, liquidity for the GHST-USDC pair is still not deep enough to support trading large amounts of USDC for GHST on Quickswap.

We believe one way to remedy this is by adding GHST-USDC as a pair eligible for FRENS on https://aavegotchi.com/stake-matic. Just like GHST-QUICK has a receipt token stkGHST-QUICK, staked GHST-USDC can also emit a stkGHST-USDC token, which may be eligible for rewards on Quickswap, if their team deems it necessary.

Since this decision directly affects gameplay, we believe it is a ripe candidate for our first Snapshot vote on Matic.

We are setting a 500,000 GHST quorum for this vote to be enacted.

The GHST-USDC LP token will earn FRENS at the same rate as just staking GHST, since impermanent loss is minimal and fees are significant.

Off-Chain Vote

Yes, let GHST-USDC LP earn FRENS
0 0%
No, we have enough FRENS
0 0%
Download mobile app to vote

Timeline

Feb 08, 2021Proposal created
Feb 08, 2021Proposal vote started
Feb 11, 2021Proposal vote ended
Jun 06, 2025Proposal updated