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BadgerDAOBadgerDAOby0xa001B5639e4ed26dF58367016eB08850e3e556550xa001…5655

BIP 58: Emissions ibBTC/WBTC SLP Sett incentives

Voting ended over 4 years agoSucceeded

TLDR;

  • Add ibBTC/WBTC SLP Sett to the general emission structure with a multiplier chosen by the governance.
  • 1.5x multiplier would keep the rewards for the Sett for the following week at around the same level as they are now.
  • 2x multiplier would put ibBTC SLP Sett at the same level of rewards long term as the byWBTC Sett.
  • The higher the multiplier, the larger is the % of rewards that is reallocated to ibBTC Sett from other non-native Setts.

Link to Discussions: https://forum.badger.finance/t/bip-58-emissions-ibbtc-wbtc-slp-sett-incentives/4706

Vote What multiplier should we choose when adding the ibBTC/WBTC SLP Sett to the general emission schedule?

Off-Chain Vote

1x multiplier
16.12K 8.7%
1.5x multiplier
7.26K 3.9%
2x multiplier
162.15K 87.4%
Download mobile app to vote

Timeline

May 26, 2021Proposal created
May 26, 2021Proposal vote started
May 27, 2021Proposal vote ended
Oct 26, 2023Proposal updated