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KogeCoinKogeCoinby0x00482B66aa7a69c9982C030cd9627A86288fFA2D0x0048…FA2D

Redirect the Koge-Matic LP reward allocation to Koge-USDC LP

Voting ended over 4 years agoSucceeded

Matic has been having a rough time lately. While some (including me!) think that this is a great time to buy, others think that the future price trajectory of Matic will be bleak.

Should we direct 1/2 or all of the unclaimed airdrop allocated for Koge-Matic LP to Koge-USDC LP?

Pros: Less dependence on Matic price trajectory. More people may be willing to provide liquidity. Cons: Less automatic tendency to rise with Matic should its price come back. More pools (if we split between Koge-Matic + Koge-USDC) will lead to higher slippage for large trades so investors would need to use a router like 1inch.exchange to get the best prices.

Off-Chain Vote

Yes, direct 1/2 to Koge-USDC LP
890.59K 39.5%
Yes, direct all to Koge-USDC LP
104.45K 4.6%
No, keep all in Koge-Matic LP
1.26M 55.9%
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Timeline

Jul 15, 2021Proposal created
Jul 15, 2021Proposal vote started
Jul 17, 2021Proposal vote ended
Oct 26, 2023Proposal updated