Proposal 13 - WBNB/FODL PancakeSwap LP Rewards

Voting ended almost 4 years agoSucceeded

As FODL platform is now launched on BNB L2 and users will be able to claim FODL token rewards directly on Binance Chain, the FODL team believes it time to start LM rewards for WBNB/FODL LP on PancakeSwap to incentivize increased liquidity.

FODL team proposes that 5M FODL be allocated to WBNB/FODL LP rewards pool to be distributed over 1 year. We propose that this 5M FODL come from the existing FODL/ETH & FODL/USDC rewards allocations for ETH network, which would effectively reduce the total LP rewards given on ETH over 3 years.

Off-Chain Vote

Yes to PancakeSwap Rewards

2.34M FODL100%

No to PancakeSwap Rewards

0 FODL0%

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Timeline

Apr 12, 2022Proposal created

Apr 12, 2022Proposal vote started

Apr 15, 2022Proposal vote ended

Oct 26, 2023Proposal updated