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Hermes ProtocolHermes Protocolby0xBf243C7B51996aBcd8A41653bBb14dD664C201b50xBf24…01b5

Approve Revenant (GAMEFI) gauges

Voting ended over 1 year agoFailed

This proposal seeks community approval to add two new gauges to Hermes, in collaboration with REVENANT(GAMEFI);

GAMEFI/WETH

Current LP:

GAMEFI/USDC https://app.uniswap.org/explore/pools/arbitrum/0x37d1268Af5d5b1499C8a4951b9E1F74B84EB13Ab

Strategic Alignment Revenant has been a partner with Hermes since 2022 been in top 5 liquidity provides in the platform.

Revenant is looking to foster long term mutually beneficial partnerships with other DeFi protocols that provide synergies to their mission. Hermes gauges are a good fit for their tokens liquidity requirements, particularly as they allow for incentivising liquidity within pre-defined ranges, avoiding problems such as liquidation cascades that are associated with LPs farming with leverage in very tight ranges. As a multichain protocol, GAMEFI is also well positioned to utilise and benefit from the omnichain features of Ulysses.

Important links: https://revenant.gg https://titanborn.gg

Off-Chain Vote

Yes
728.83K bHermes-Votes45.6%
No
870.28K bHermes-Votes54.4%
Quorum:58%
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Timeline

Sep 03, 2024Proposal created
Sep 03, 2024Proposal vote started
Sep 06, 2024Proposal vote ended
Sep 06, 2024Proposal updated