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FHM DAOFHM DAOby0x32dF7C885D1Ff6D9D93E84f3714e5101b7CF89830x32dF…8983

Prioritize looking for incentivized farm deals with decentralized exchanges

Voting ended about 4 years agoSucceeded

With the recent launch of wrapped staked FHM, the opportunity for providing liquidity in (f)wsFHM arises for everyone. Examples of OHM forks (or OHM itself) pairs include wsHEC-FTM, wsSPA-FTM on SpookySwap, wMEMO-MIM on SpiritSwap, FRAX-gOHM and gOHM-AVAX on TraderJoe, and possibly many others that I am missing. The opportunity to generate additional yield on wsFHM by pairing it with a relatively safe asset (either a stablecoin or the chain coin, like FTM or AVAX) can easily bring additional capital to FantOHM in a scalable manner as the farm gets visibility in yield aggregators like Beefy Finance (plus fees for the treasury as people need to buy FHM and wrap it to have fwsFHM). I personally would be able to commit substantially more capital to FHM if I could instead put money in a wsFHM farm. As I believe others are in the same boat as me, I would like to ask the team to prioritize looking for and bringing the community a deal for an incentivized fwsFHM-FTM or fwsFHM-stablecoin farm so that we can provide liquidity in these pairs. That being said, I propose two options for holders to vote: (i) Bringing farms to live should be a top priority. We believe more capital would be committed to FHM, and we would perhaps even commit more capital ourselves. Look for deals and bring it to the community. Others did it, I am sure you can. (ii) Other features current under development, particularly those mentioned in the roadmap, are the top priority now. The team should focus on those and let farms for later.

Off-Chain Vote

Look for farms deals.
1.55K 20.6%
Keep doing what you are doing.
5.95K 79.4%
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Timeline

Jan 12, 2022Proposal created
Jan 12, 2022Proposal vote started
Jan 19, 2022Proposal vote ended
Oct 26, 2023Proposal updated