Proposal: Extend LM Rewards on Aave Pool
TL DR
- The LM Rewards will be extended on the AAVE Pool.
- The current reward rates for the pool will be unaffected.
- The LM rewards duration on the AAVE pool can be ended prior to the completion of the extension if the DAO votes to do so.
- The LM rewards rate on the AAVE pool can be modified prior to the completion of the extension if the DAO votes to do so.
Vote For : Extend LM Rewards for 12 Weeks on AAVE Pool
Vote Against : Do not Extend LM Rewards on AAVE Pool
Discussion
Current pool depth is roughly 15M:
We aren't the deepest source of liquidity for this token as a large portion resides on Uniswap V2 and Sushiswap:
There is also a Uniswap V3 pool with roughly ~5.8M in liquidity.
Weekly Fees and Volume for this token since the week of 7/12 (~90 days ago):
Compared to other tokens that have an ongoing or had an LM campaign, the total fees for different time periods:
~90 Days ago (since the week of 7/12):
| symbol | total_fees |
|---|---|
| NDX | $13,394.53 |
| ZCN | $15,086.40 |
| EDEN | $18,430.57 |
| UNI | $19,989.52 |
| MPH | $25,586.53 |
| COMP | $36,483.11 |
| MKR | $44,086.94 |
| YFI | $56,067.56 |
| GRT | $56,735.48 |
| BAT | $66,442.93 |
| OCEAN | $80,405.22 |
| ALPHA | $98,975.44 |
| AAVE | $109,218.13 |
| REN | $128,355.42 |
| ROOK | $147,455.62 |
| WOO | $166,125.72 |
| MATIC | $196,427.29 |
| wNXM | $210,028.49 |
| SNX | $267,080.86 |
| FARM | $307,088.23 |
| ENJ | $448,119.33 |
~60 Days ago (since the week of 8/9):
| symbol | total_fees |
|---|---|
| NDX | $9,814.16 |
| ZCN | $11,607.31 |
| UNI | $13,359.57 |
| MPH | $18,119.26 |
| EDEN | $18,430.57 |
| COMP | $25,958.64 |
| MKR | $27,069.08 |
| BAT | $33,667.18 |
| YFI | $44,380.85 |
| GRT | $44,770.74 |
| ALPHA | $53,114.01 |
| OCEAN | $60,675.39 |
| AAVE | $80,897.01 |
| ROOK | $107,732.49 |
| WOO | $113,965.00 |
| REN | $117,444.63 |
| MATIC | $129,248.64 |
| wNXM | $166,897.46 |
| SNX | $204,515.61 |
| FARM | $232,403.17 |
| ENJ | $304,420.32 |
~30 Days ago (since the week of ~9/6):
| symbol | total_fees |
|---|---|
| NDX | $3,140.08 |
| ZCN | $4,069.02 |
| MPH | $4,518.50 |
| UNI | $5,352.53 |
| MKR | $8,799.76 |
| BAT | $9,678.53 |
| GRT | $10,854.36 |
| YFI | $10,932.30 |
| ALPHA | $11,678.97 |
| COMP | $12,526.07 |
| EDEN | $17,411.14 |
| OCEAN | $19,506.29 |
| AAVE | $22,416.05 |
| MATIC | $25,918.59 |
| ROOK | $35,951.97 |
| FARM | $37,989.24 |
| WOO | $54,660.81 |
| wNXM | $66,732.60 |
| ENJ | $72,870.18 |
| SNX | $75,300.85 |
| REN | $84,482.77 |
Volume and Fee data since the week of 7/12/21:
| symbol | time | Conversion Fees in USD | Volume in USD |
|---|---|---|---|
| AAVE | 7/12/2021 0:00 | $7,686.76 | $3,835,691.25 |
| AAVE | 7/19/2021 0:00 | $6,571.80 | $3,279,329.75 |
| AAVE | 7/26/2021 0:00 | $7,184.24 | $3,584,937.38 |
| AAVE | 8/2/2021 0:00 | $6,878.32 | $3,432,281.08 |
| AAVE | 8/9/2021 0:00 | $6,101.05 | $3,044,422.07 |
| AAVE | 8/16/2021 0:00 | $25,721.79 | $12,835,175.61 |
| AAVE | 8/23/2021 0:00 | $6,342.74 | $3,165,029.38 |
| AAVE | 8/30/2021 0:00 | $8,680.44 | $4,331,538.57 |
| AAVE | 9/6/2021 0:00 | $11,413.70 | $5,695,436.65 |
| AAVE | 9/13/2021 0:00 | $11,780.78 | $5,878,610.53 |
| AAVE | 9/20/2021 0:00 | $4,934.52 | $2,462,327.60 |
| AAVE | 9/27/2021 0:00 | $2,909.62 | $1,451,901.41 |
| AAVE | 10/4/2021 0:00 | $3,012.36 | $1,503,167.83 |
Off-Chain Vote
FOR
2.84M 83.8%
AGAINST
550.24K 16.2%
Timeline
Oct 10, 2021Proposal created
Oct 11, 2021Proposal vote started
Oct 14, 2021Proposal vote ended
Aug 13, 2025Proposal updated