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[GIP-259] Incentive Allocation for Plasma

Voting ended 4 months agoFailed

Summary

This proposal requests the DAO to allocate $20,000 worth of $GEAR as incentives for the Plasma ecosystem. The incentives are intended to support growth, attract liquidity providers, and enhance traction during the initial launch phase.

In addition, Plasma has committed $40,000 in complementary incentives, making this a joint effort to reward participants and strengthen adoption.

Motivation

The Plasma ecosystem represents a significant opportunity for the protocol to expand its liquidity base and drive usage. Allocating $GEAR incentives will:

  • Reward early participants who contribute liquidity.
  • Encourage broader adoption and retention of liquidity providers.
  • Complement Plasma’s ongoing incentive commitment.
  • Deepen liquidity and improve the efficiency of borrowing and lending.

Rationale / Justification

  • Aligned incentives: DAO support complements external incentives provided by Plasma.
  • Liquidity growth: Dual incentive streams strengthen liquidity and protocol adoption.
  • Sustainability: Shared commitment distributes responsibility between DAO and external partner.

Proposal Allocate $20,000 worth of $GEAR to incentivize Plasma ecosystem for a month, alongside Plasma’s additional $40,000 contribution.

Off-Chain Vote

For
72.62M GEAR100%
Against
0 GEAR0%
Abstain
0 GEAR0%
Quorum:36%
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Timeline

Sep 24, 2025Proposal created
Sep 24, 2025Proposal vote started
Sep 27, 2025Proposal vote ended
Sep 27, 2025Proposal updated