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ichi.farmichi.farmby0xcA09dEc3a5F1095E5e6D8edeE7A724a24598C4E90xcA09…C4E9

Volatility Increase in Vault IRR Deposits

Voting ended over 3 years agoSucceeded

Summary: Propose an increase in vault rewards during periods of extreme downward volatility

Why? It is more risky to keep providing liquidity in highly valuable markets and this is the time the liquidity is most needed by the project.

Amount? Increase the 10k weekly cap by the following amounts

7 day Price drop (BTC) -30% or lower....30k ICHI increase in the weekly cap -20% to -30%....20K ICHI increase in the weekly cap -10% to -20%.....10K ICHI increase in the weekly cap.

Benefit of this? LP's earn higher rewards for staying in the pool. ICHI keeps liquidity on downward volatile days.

Vote details: Yes- Increase the caps No - Do not increase the caps

Off-Chain Vote

Yes
43.07K ICHIPOWAH100%
No
0 ICHIPOWAH0%
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Discussion

ichi.farmVolatility Increase in Vault IRR Deposits

Timeline

Jun 16, 2022Proposal created
Jun 16, 2022Proposal vote started
Jun 18, 2022Proposal vote ended
Oct 26, 2023Proposal updated