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Aura FinanceAura Financeby0x098Cf33E0BB24f53A99e31d7837244839008Eb99auraadventurer.eth

[AIP-48] Enable USDC incentives to sDAI/EURE pool on gnosis chain

Voting ended over 2 years agoSucceeded

Author

Tritium

Background

Gnosis Chain is in the process of migrating users in their EURE/USD stableswap to EURE/sDAI which will offer better returns.

We would like to use some direct incentives on the AURA gauge to encourage users to migrate faster and smoother UX for users as they cot over.

Overview

The goal is to place a single incentive of somewhere between 6000 and 12000 USDC as direct incentives on AURA for a single week (starting around October 19th).

These will be paired with Balancer Direct incentives and Aura/veBAL voting to create a smooth migration experience.

Proposal Details

This proposal requests that the Balancer Maxis can add USDC rewards to the EURe/sDAI pool to help gnosis chain manage their migration.

Specification

DAO multisig will call setExtraReward on this “stash” for the EURe/sDAI pool on gnosis chain using the tx builder data below. A new “VirtualRewardPool” would be created, and would allow a reward token to be sent to this stash, queuing it on the new virtual reward pool. Any reward token sent there would be queued over the following week.

Voting Procedure

It would be nice to have this Stash available before October 19th.

Off-Chain Vote

For
9.48M vlAURA100%
Against
0 vlAURA0%
Abstain
0 vlAURA0%
Download mobile app to vote

Discussion

Aura Finance[AIP-48] Enable USDC incentives to sDAI/EURE pool on gnosis chain

Timeline

Oct 11, 2023Proposal created
Oct 12, 2023Proposal vote started
Oct 15, 2023Proposal vote ended
May 29, 2025Proposal updated