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[GIP-261] 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 $70,000/week 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 $70,000/week contribution.

Off-Chain Vote

For
23.63M GEAR100%
Against
0 GEAR0%
Abstain
0 GEAR0%
Quorum:12%
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Timeline

Oct 02, 2025Proposal created
Oct 02, 2025Proposal vote started
Oct 05, 2025Proposal vote ended
Oct 05, 2025Proposal updated