LP Staking Proposal - RBW/wETH
Abstract
With this proposal we intend to setup a reward program for players providing long-term liquidity to the RBW/wETH trading pair on Balancer (Polygon).
Motivation
It’s vital to our economic growth that we have enough liquidity to allow players to enter and exit with minimal slippage. Increasing liquidity reduces slippage and decreases the barrier to trading. While this can be a double edged sword we intend to leverage a locking mechanism + leaderboard to align incentives with those willing to take on higher risk of impermanent loss.
Details https://forum.cryptounicorns.fun/t/lp-staking-proposal-rbw-weth-in-progress/4133
Off-Chain Vote
For
37.63M sRBW99.9%
Against
45.24K sRBW0.1%
Discussion
Timeline
Apr 20, 2022Proposal created
Apr 20, 2022Proposal vote started
Apr 25, 2022Proposal vote ended
Oct 26, 2023Proposal updated