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GoldfinchGoldfinchby0x6d8b09Ebcd47489c77F50599C30c6726E38AFF6A0x6d8b…FF6A

Should FIDU-USDC Curve LP positions be allowed to be staked for GFI liquidity mining rewards?

Voting ended about 4 years agoSucceeded

Goldfinch should allow FIDU-USDC Curve LP positions to be staked for GFI liquidity mining rewards.

GFI rewards would come from the existing distribution parameters to the Senior Pool Liquidity Mining program, and only the FIDU portion of the Curve LP position would be eligible for GFI rewards. This would help create a liquid secondary market of FIDU and USDC, which (a) reduces the friction of entering and exiting Goldfinch Senior Pool positions, (b) results in more USDC staying in the Senior Pool, and (c) allows people to get exposure to the Goldfinch Senior Pool by simply purchasing FIDU on Curve.

Proposal discussion: https://gov.goldfinch.finance/t/gip-01-allow-fidu-usdc-curve-lp-positions-to-be-staked-for-gfi-liquidity-mining-rewards/734

“Yes” - Approve a change to allow staking of FIDU-USDC Curve LP tokens on Goldfinch, and include the FIDU portion of the position in the Senior Pool Liquidity Mining program. These GFI rewards will be subject to the same existing distribution rate parameters and token unlock schedule. This change would be funded with a 3,500 GFI development grant from the Community Treasury.

“No” - Reject the proposed changes. Do not approve a change to allow the staking of FIDU-USDC Curve LP tokens on Goldfinch to participate in the Senior Pool Liquidity Mining program.

Off-Chain Vote

YES
51.49K 73.4%
NO
18.69K 26.6%
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Timeline

Feb 11, 2022Proposal created
Feb 11, 2022Proposal vote started
Feb 14, 2022Proposal vote ended
Oct 26, 2023Proposal updated