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Blockzero LabsBlockzero Labsby0x11231f7Dc863F36A6516Eb4EF052f195000e00000x1123…0000

Should LPs have the same voting power as holders, relative to their value, on snapshot voting?

Voting ended over 4 years agoSucceeded

TLDR:

  • XIO token Holders would remain unchanged.
  • XIO token LPs would get a 2x increase.
  • This would impact these UniswapV2 LPs: XIO/ETH, XIO/USDC, XIO/DAI

Currently, if you hold 500 XIO + equivalent ETH as an LP, you have 500 XIO voting power. Compared to someone holding 1,000 XIO only, who currently has 1,000 XIO voting power.

This proposal will change this so that LPs have the same voting power as holders, relative to their value. Example: this would change it so an LP with 500 XIO + equivalent ETH would have 1,000 XIO voting power.

Link to discussion: https://forum.blockzerolabs.io/t/proposal-discussion-should-lps-have-the-same-voting-power-as-holders-relative-to-their-value-on-snapshot-voting/1559

Off-Chain Vote

Yes
2.21M 80.6%
No
530.52K 19.4%
I abstain
187.05 0%
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Timeline

Jun 28, 2021Proposal created
Jun 28, 2021Proposal vote started
Jul 03, 2021Proposal vote ended
Oct 26, 2023Proposal updated