Should "GIP-09: Update GFI rewards param for Curve LP" proposal be approved?

Voting ended almost 4 years agoSucceeded

Update the configurable effectiveMultiplier parameter in the StakingRewards contract from 0.50 to 0.75 on the FIDU-USDC Curve LP positions to be staked for GFI liquidity mining rewards. This is important to properly incentivize liquidity to be deposited into the FIDU-USDC Curve pool by bringing projected APYs of staking the Curve LP position closer inline with staking FIDU-only.

Proposal discussion: https://gov.goldfinch.finance/t/gip-09-update-gfi-rewards-param-for-curve-lp/860/3

YES - Approve a change to update the effectiveMultiplier parameter from 0.50 to 0.75.

NO - Reject the proposed changes.

Off-Chain Vote

YES

52.28K 89%

6.48K 11%

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Timeline

Mar 24, 2022Proposal created

Mar 24, 2022Proposal vote started

Mar 27, 2022Proposal vote ended

Oct 26, 2023Proposal updated