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Based LoansBased Loansby0xfA8b7252321726EC070d9188809Ff4738fe0795a0xfA8b…795a

BLIP-0: Distribute $BLO rewards to money markets

Voting ended almost 5 years agoSucceeded

We will offer $BLO incentives to attract liquidity to Based Loans. I suggest we start with 6 tokens per block: 3 tokens go to lenders and 3 to borrowers. The total amount of emitted tokens per month will approximately amount to 1.96M BLO. We can tune up/down the amount in the following month depending on actual APY. Cast your vote now.

Off-Chain Vote

FOR
5.44M 95.5%
AGAINST
253.72K 4.5%
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Timeline

Jun 03, 2021Proposal created
Jun 03, 2021Proposal vote started
Jun 06, 2021Proposal vote ended
Oct 26, 2023Proposal updated