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Libero/Libera FinancialLibero/Libera Financialby0x94DC0b13E66ABa9450b3Cc44c2643BBb4C264BC7liberofinancial.eth

LIBERO multichain farming profit sharing to xLIBERO holders

Voting ended almost 4 years agoSucceeded

As you know, LIBERO have about ~4M USD in Treasury & Risk Free Value fund used for multichain farming. We used this fund to bridge to multichain such as Fantom, Oasis, Polygon, etc. and find the highest paying farm, mostly for stable coins. We estimate the return per year will be ~50-100%. Until now we already accumulated ~150K BUSD in profit. We will use most of the profit to increase our treasury & RFV to better sustain the longevity of LIBERO project, but we can also use part of it to reward to xLIBERO holders, those who commit and have faith in the system and also help stabilize the LIBERO system by locking their LIBERO for a long time. We ask our xLIBERO holders to decide how many percentage of the multichain farming profit will be distributed to our xLIBERO holders, to still rewards loyal users but also keep the system sustainable for a long term? A. 5% B. 10% C. 15% D. Other options (please suggest in Telegram chat)

Off-Chain Vote

5%
10.27M 2.4%
10%
223.93M 52.1%
15%
194.99M 45.3%
Other options (please suggest)
948.13K 0.2%
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Timeline

Mar 09, 2022Proposal created
Mar 09, 2022Proposal vote started
Mar 16, 2022Proposal vote ended
Oct 26, 2023Proposal updated