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EbisusBayEbisusBayby0x454cfAa623A629CC0b4017aEb85d54C42e91479debisusbay.eth

Should we burn fees from RYOSHI LP?

Voting ended over 1 year agoSucceeded

Ebisu's Bay earns a .05% fee everytime RYOSHI/CRO is traded on the Ebisu's Bay DEX.

Previously we had taken all of the collected fees from the past 3 months and put them in the LP farm for the RYOSHI/CRO pair making it the highest yielding farm to date.

We propose that Ebisu's Bay commit to burning the RYOSHI collected each month for the next year, ending July 2025.

Alternatively, the RYOSHI will remain in the team's treasury in the pool to grow TVL.

Off-Chain Vote

YES Burn all RYOSHI
3.21M Mitama36.7%
NO grow TVL
5.54M Mitama63.3%
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Timeline

Jul 13, 2024Proposal created
Jul 13, 2024Proposal vote started
Jul 15, 2024Proposal vote ended
Jan 26, 2025Proposal updated