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Idle DAOIdle DAOby0xf12ce5807e3d3128B876aa1Cec0632D63547E22E0xf12c…E22E

[Temperature check] - FInal LP staking implementation (2/2)

Voting ended almost 5 years agoSucceeded

This is the second poll for the final LP staking implementation. You can find the other poll in the [Snaphot page]. Regardless of which LP staking implementation model the community chooses, it also has to decide what happens with the Sushi rewards that the deployer of the contract will earn.

Details

The Sushi rewards from the LP staking program on Sushiwap can either be redistributed to the LPs or kept in the balance sheet of the Idle treasury and staked. Letting the treasury stake the Sushiswap rewards would foster healthy long-term growth for the protocol and would not require new code.

If the community decides now to redistribute the Sushiswap rewards to LPs (either all LPs or only to the ones who kept the funds staked for the entire 6 months period), new code has to be written and reviewed and that will take time and effort.

Voting Options

Please cast your vote on one of the following options to decide what to do with the extra Sushi rewards:

  1.  Redistribute SUSHI to all LP stakers
    
  2. Redistributed SUSHI to the ones who kept the funds staked for 6 months
    
  3. Allocate SUSHI to the Smart treasury 
    
  4. Discuss more 
    

Off-Chain Vote

Redistribute SUSHI to all LPs
6.06K 3%
SUSHI to LPs who stake 6months
7.24K 3.5%
Allocate SUSHI to Smart treasury
190.73K 93.5%
Discuss more
0 0%
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Timeline

Apr 10, 2021Proposal created
Apr 10, 2021Proposal vote started
Apr 12, 2021Proposal vote ended
Oct 26, 2023Proposal updated