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LikeCoin DAO (v3)LikeCoin DAO (v3)by0x3FfC07ED6a65E379E39Bef93e713ee3Ff77a56e4ckxpress.eth

[LIP-103] Extension of Deposit Incentives for LikeCoin

Voting ended about 1 month agoSucceeded

Executive Summary

Following the completion of the initial incentive phase established by LIP-98 (which allocated 10,000,000 LIKE), this proposal seeks to allocate an additional 5,000,000 LIKE to continue incentivizing deposits for a further 90-day period.

Rationale for Adjustment

The proposed allocation has been reduced from the previous phase to better align with current ecosystem data. Specifically, the volume of LikeCoin deposited during the v3 migration has been lower than the historical staking ratios observed in v2.

By adjusting the incentive pool to 5,000,000 LIKE, we ensure a more fiscally sustainable reward structure while still providing an attractive yield for participants.

Yield Projection

As of the time of this submission, the total deposited LikeCoin stands at 698,747,075 LIKE. Based on these figures, the 90-day incentive period would result in an estimated Annual Percentage Yield (APY) of 2.9%, calculated as follows:

lip-103.png


Key Details

  • Total Allocation: 5,000,000 LIKE
  • Duration: 90 Days
  • Objective: To maintain migration momentum and reward long-term holders in the v3 ecosystem.

Off-Chain Vote

For
4.61M veLIKE100%
Against
0 veLIKE0%
Abstain
0 veLIKE0%
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Discussion

LikeCoin DAO (v3)[LIP-103] Extension of Deposit Incentives for LikeCoin

Timeline

Feb 02, 2026Proposal created
Feb 02, 2026Proposal vote started
Feb 09, 2026Proposal vote ended
Feb 11, 2026Proposal updated