BIP-86: Set a Deadline for Claiming LM Rewards

Note: Snapshot is only a summary and may leave ambiguities that are covered in the full BIP in the forum which takes precedent.

Summary

This BIP seeks to set and subsequently announce a deadline for claiming the remaining BOTTO rewards from Botto's Liquidity Mining (LM) program that recently ended on Ethereum mainnet.

Specifically, it is proposed that a deadline of March 30, 2026, be set for claiming LM rewards, after which any unclaimed BOTTO would be returned to the DAO treasury wallet. This proposed deadline corresponds to exactly two years after BIP-42 was approved, which is what extended the LM program by a year, from October 2024 to October 2025.

Proposal Specification

• Set a deadline of March 30, 2026 for LPs to claim BOTTO rewards from Botto's LM contract.
• Communicate and issue reminders about the claims deadline broadly across Botto's various community and social media related channels.
• After the deadline passes, any unclaimed BOTTO rewards would be returned to the DAO treasury wallet.
• *Note: how any unclaimed BOTTO may be used after it is returned to the treasury is beyond the scope of this proposal and can be deliberated by the DAO in future BIPs.

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Criteria of Success

• Establishing and conveying a clear deadline for claiming BOTTO rewards from the LM contract.
• Replenishing the DAO treasury's BOTTO holdings from unclaimed BOTTO rewards after the deadline passes, which may then be used for other Botto-related initiatives as determined by the DAO in the future.

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Disadvantages/Risks

• Setting a deadline for claiming LM rewards may be perceived as an inconvenience by some LPs, though repeated communication about it will ensure that there is no oversight from those who are engaged.

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