Extend Uni-v2 Rewards

Voting ended over 4 years agoSucceeded

Background

Per Proposal #QmUoBzw, (1) Uni-V2 ETH-$DG LP rewards are 225 $DG/week 5/25 - 6/29, and (2) Uni-v2 rewards are scheduled to end after 6/29 unless another proposal is passed. The current APY is ~100%. There is ~$1.7M in liquidity for this pair.

Proposal

Extend rewards at the current level for another 5 weeks (6/30 - 8/4).

Rationale

Without Uni-v3 liquidity for the pair, we need to supply rewards so there is sufficient liquidity to trade on UniSwap; however, with the liquidity we have on other platforms (QuickSwap, SushiSwap, PancakeSwap, Gate.io), we don't need to pay more in hopes of increasing the UniSwap liquidity.

Off-Chain Vote

YES

38.71K 75.5%

12.57K 24.5%

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Timeline

Jun 21, 2021Proposal created

Jun 21, 2021Proposal vote started

Jun 27, 2021Proposal vote ended

Mar 03, 2025Proposal updated