Lattice Gatewayby
0xB184…140B
[LIP #12] Lattice Pools fee distribution
Please carefully read the proposal thread on the governance forum before you vote: https://commonwealth.im/lattice-gateway/discussion/14540-lip-12-lattice-pools-fee-distribution
The fees for using Lattice Pools are being levied every time a user claims his Lattice pools rewards. They are obtained in the form of the respective rewards token of the Lattice Pools program, which means we are receiving multiple tokens across multiple networks.
In order to save on respective network and swap fees LIP #12 proposes to set an accumulation target for the fees. When the accumulation target of x $USD is reached, the fees will be used to buy $LTX and then distributed to all veLTX holders.
Setting a lower accumulation target will shorten the duration between distributions, but increase the overall network and swap fees. The reverse happens for a higher accumulation target - there will be a longer duration between distributions but the overall network and swap fees will be lower.
The voting will go for seven (7) days.
There will be three different choices for the accumulation target:
- 30,000 $USD
- 45,000 $USD
- 60,000 $USD
Off-Chain Vote
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- Author
0xB184…140B
- IPFS#bafkreib
- Voting Systemsingle-choice
- Start DateDec 19, 2023
- End DateDec 26, 2023
- Total Votes Cast17.17M veLTX
- Total Voters141
Discussion
Timeline
- Dec 16, 2023Proposal created
- Dec 19, 2023Proposal vote started
- Dec 26, 2023Proposal vote ended
- Dec 26, 2023Proposal updated