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[AIP-73] StakeDAO Curve Incentive Platform Trial:

Voting ended over 3 years agoSucceeded

Proposal:

While Alchemix DAO is interested in maximizing the economic efficiency of our incentives, we think it is too risky to switch all of our Votium incentives over to StakeDAO. Instead, we would like to see a data-driven approach to evaluate their new platform, and if the numbers come back better than Votium, we can begin a transition over from Votium to StakeDAO. The transition should not be sudden in our opinion regardless because of voter lag inherent to direct veCRV voter incentives.

Currently, we incentivise the alUSD3CRV and alETH crv LPs with 2000 ALCX/week each. We are proposing to keep this baseline number the same, but with 12.5% of the total going to StakeDAO for the duration of a 6 week trial. That would amount to a total of 1500 ALCX going to StakeDAO’s Curve incentives over these 6 weeks. Upon the 4th week of the trial, Alchemix DAO will provide data regarding their economic efficiency, and if they are indeed more economical, we will present a follow up proposal to transition our incentives over from Votium to StakeDAO.

Read the full forum post for more details.

Off-Chain Vote

For
25.58K ALCX94.2%
Against
1.58K ALCX5.8%
Download mobile app to vote

Discussion

Alchemix[AIP-73] StakeDAO Curve Incentive Platform Trial:

Timeline

Nov 29, 2022Proposal created
Nov 29, 2022Proposal vote started
Dec 03, 2022Proposal vote ended
Aug 05, 2024Proposal updated