BIP 5: Developer Mining Program Launch and Emissions

Voting ended about 5 years agoSucceeded

Proposed by: Spadaboom

TLDR; Proposal to initiate Developer Mining Program

We propose 10,000 $BADGER tokens be allocated for developer rewards over the next 30 days. We are launching 2 new vaults on Sushiswap led by Andy8052

The 2 vaults are: Badger/wbtc Sushi LP wbtc/eth Sushi LP

With our first strategist we need to start emissions for the developer mining pool. As defined before launch, strategists earn 50% of the 20% performance fees from vaults they launch. They also earn emissions in $BADGER from the developer pool based on total TVL from their vaults.

Link to discussions and detailed proposal information: https://forum.badger.finance/t/bip-5-developer-mining-program-launch-and-emissions/458

Off-Chain Vote

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373.55K 95.7%

Against

16.84K 4.3%

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Timeline

Dec 20, 2020Proposal created

Dec 20, 2020Proposal vote started

Dec 21, 2020Proposal vote ended

Oct 26, 2023Proposal updated