Temperature check on Liquidity Provider rewards

Summary. This GDIP aims to have the DAO vote on what the rewards should be for LP’ing for the next months on Camelot Dex on Arbitrum & Harvest Finance on Polygon (22nd July) Details.

We allow users to vote on proposals by locking GNOME. We will continue to add utility for veGNOME. This removes circulating supply in exchange for benefits for the locker.

We believe having liquidity across Polygon and Arbitrum is a good tool for giving access to GenomesDAO tokenomics to a broad range of DeFi enthusiasts. This vote is to assess what levels of rewards teh DAO wants to award for liquidity providers (LP) for the next month (22nd July - 22nd Aug).

Importantly - Users will not have to move liquidity

We currently provide Liquidity rewards on Harvest Finance on Polygon and Camelot Dex on Arbitrum. Harvest takes a 10% commission in native tokens. Camelot DEX take 0%

Current rewards per month are:

Camelot Dex on Arbitrum 7,670,000 $GENE 32,600 $GNOME

Harvest Finance on Polygon 7,670,000 $GENE 32,600 $GNOME

Please vote:

1. Continue with current rates
2. Reduce rates to 75% of what they are (5,752,500 GENE, 24,450 GNOME)
3. Reduce rates to 50% of what they are (3,835,000 GENE, 16,300 GNOME)