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LoopringLoopringby0x3C29D4b663b0DA3616405973457A8e18e1A0A691adambro.eth

LP protocol fee distribution - Q3 2023

Voting ended over 2 years agoSucceeded

LRC holders and LRC LPs will decide which AMM pools are to be incentivized with protocol fees for the months of July, August, and September 2023.

Four pools will automatically be rewarded: LRC/ETH, LRC/USDC, LRC/USDT, and TLOS/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
1.78K LRC0.3%
DPI/ETH
0 LRC0%
ETH/DAI
19.38K LRC3.5%
ETH/USDC
140.58K LRC25.6%
ETH/USDT
16.68K LRC3%
IMX/USDC
285.8K LRC52.1%
LINK/ETH
32 LRC0%
LRC/WBTC
31.26K LRC5.7%
MANA/USDC
0 LRC0%
MASK/LRC
0 LRC0%
NONE
36.97K LRC6.7%
RETH/ETH
12.48K LRC2.3%
RICE/USDT
0 LRC0%
SAND/USDC
0 LRC0%
WBTC/ETH
3.21K LRC0.6%
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Timeline

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