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Blockzero LabsBlockzero Labsby0x11231f7Dc863F36A6516Eb4EF052f195000e00000x1123…0000

Should we allocate 50m AQUA from the Vortex for 13 weeks of a Liquidity Mining Program?

Voting ended over 4 years agoSucceeded

Proposal details: https://docs.google.com/document/d/1FpQG8snBDRVPRxdPwZgEBlM-k2Ykd07sGfnWgQGGyBI/edit

  • 50m AQUA tokens over 13 weeks. The first week has the most rewards, with each subsequent week paying less rewards.
  • The Uniswap v2 AQUA/ETH pool is used as an oracle to calculate earned AQUA premium when unstaking in the AQUA Protocol. The main goal of the proposed program is reducing the risk of price manipulation. The more liquidity in the pool the more costly this potential attack becomes.
  • It does not matter if the LP tokens are simply held in the wallet or if the user decides to stake their LP token into the AQUA Protocol for additional yield

Discuss further at #vote channel in discord: https://discord.gg/gfcYsdHGnt

Which ever answer receives more than 50% of the vote will be the majority decision for this proposal.

Off-Chain Vote

Yes
5.43M 83%
No
1.11M 17%
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Timeline

Sep 24, 2021Proposal created
Sep 24, 2021Proposal vote started
Sep 30, 2021Proposal vote ended
Oct 26, 2023Proposal updated