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LidoLidoby0xC8381ca290c198F5ab739A1841Ce8aeDb0b330D50xC838…30D5

Incentivize using stETH as collateral on ARCx

Voting ended almost 5 years agoSucceeded

Allocate 100 000 LDO to incentives in a reward contract which will work with the following mechanics:

  • Users can deposit their StETH and mint STABLEx at app.arcx.money
  • The newly minted STABLEx can then be provided alongside USDC/USDT/DAI to a Curve Metapool
  • The resulting Curve LP token can then be used to stake in a rewards contract which earns LIDO and ARCx tokens

Off-Chain Vote

Yay
50.5M 100%
Nay
0 0%
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Timeline

Feb 13, 2021Proposal created
Feb 13, 2021Proposal vote started
Feb 16, 2021Proposal vote ended
Oct 26, 2023Proposal updated