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LoopringLoopringby0x3C29D4b663b0DA3616405973457A8e18e1A0A691adambro.eth

LP protocol fee distribution - Q1 2023

Voting ended about 3 years agoSucceeded

LRC holders and LRC LPs will decide which AMM pools are to be incentivized with protocol fees for the months of January, February, and March 2023.

Four pools will automatically be rewarded: LRC/ETH, LRC/USDC, LRC/USDT, and LDO/ETH

This vote will determine which remaining pools will be included. Any pool that receives a minimum of 10% of the vote will be rewarded in the upcoming quarter's fee distribution.

Only pools with $50k in liquidity will be listed as voted in LIP #4 (https://vote.loopring.io/#/proposal/0xd99ac433eb95157817f583fbcedb90feaa102bf8237c8c06d150a01eb872acce).

Protocol rewards will be distributed to the pools designated by the DAO. The distribution amongst the pools will be done in proportion to each pool’s total liquidity.

Off-Chain Vote

BIT/USDC
0 LRC0%
DPI/ETH
0 LRC0%
ETH/DAI
11K LRC1.6%
ETH/USDC
386.24K LRC55.6%
ETH/USDT
0 LRC0%
IMX/USDC
139.79K LRC20.1%
LINK/ETH
14.6K LRC2.1%
MANA/USDC
0 LRC0%
MASK/LRC
37.28K LRC5.4%
RICE/USDT
0 LRC0%
SAND/USDC
0 LRC0%
VETH/ETH
0 LRC0%
WBTC/ETH
65.09K LRC9.4%
NONE
40.95K LRC5.9%
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Timeline

Dec 21, 2022Proposal created
Dec 23, 2022Proposal vote started
Dec 25, 2022Proposal vote ended
Oct 26, 2023Proposal updated