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Crystl FinanceCrystl Financeby0xF5A27A4A2f7C13a82690C86B1a3D2Aa0820D4F9a0xF5A2…4F9a

Choose Vault Revenue Dividends

Voting ended about 4 years agoSucceeded

Proposal 2: Choose Vault Revenue Dividends

Option A: Stake $CRYSTL-(GAS TOKEN) LP → Earn (GAS TOKEN) Example: Stake $CRYSTL-$CRO LP → Earn $CRO

Option B: Stake $CRYSTL-(GAS TOKEN) LP → Earn $CRYSTL and Stake $CRYSTL-(GAS TOKEN) LP → Earn (GAS TOKEN) Example: Stake $CRYSTL-$CRO LP → Earn $CRYSTL Stake $CRYSTL-$CRO LP → Earn $CRO

If Proposal 1 Option A is passed then the community will be able to vote on Proposal 2 for one of the options above for any future chain with Crystl Vaults (including Cronos). A dedicated feature will be added where liquidity providers may stake $CRYSTL-(GAS TOKEN) LP to either (Option A) earn the native (GAS TOKEN) of that chain or (Option B) have two separate choices one to earn the $CRYSTL token and the other to earn the native (GAS TOKEN).

In other words, a portion of Vault performance fees will be accumulated and be used to purchase either the (GAS TOKEN) or $CRYSTL which is then used to pay liquidity providers. For example, on Cronos this (GAS TOKEN) would be $CRO. The community may vote to implement stake $CRYSTL-$CRO LP to earn $CRO with Option A, or both stake $CRYSTL-$CRO LP to earn $CRYSTL as well as stake $CRYSTL-$CRO earn $CRO with Option B.

Please note that the introduction of Vault revenue dividends does not mean that single staking $CRYSTL in Pools is going away! We still plan to have plenty of Pools for users to stake $CRYSTL and earn various tokens.

Full Article on Proposal 2: https://crystlfinance.medium.com/crystl-governance-insights-on-proposal-2-b2b1f6f8688b

Off-Chain Vote

Stake CRYSTL-CRO -> CRO
1.2M 88.7%
Stake CRYSTL-CRO -> CRO & CRYSTL
154.01K 11.3%
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Timeline

Nov 28, 2021Proposal created
Nov 28, 2021Proposal vote started
Dec 02, 2021Proposal vote ended
Oct 26, 2023Proposal updated