LP rewards on Camelot Dex on Arbitrum & Harvest Finance on Polygon

Summary. This GDIP aims to have the DAO vote on what the rewards should be for LP’ing for the next 3 months on Camelot Dex on Arbitrum & Harvest Finance on Polygon

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

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%

For the first month on Arbitrum, we doubled those on Polygon. Current rewards per month are:

Camelot Dex on Arbitrum (2x)

15,340,000 $GENE 75,200 $GNOME

Harvest Finance on Polygon (1x)

7,670,000 $GENE 32,600 $GNOME

Please vote:

1. Continue with current rates (2x on Arb, 1x on Polygon)
2. Return to previous rates (1x on Arb, 1x on Polygon)
3. Concentration (1x on Arb, remove rewards for LP on Polygon)
4. Concentration duplicator (2x on Arb, remove rewards for LP on Polygon)