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LoopringLoopringby0x3C29D4b663b0DA3616405973457A8e18e1A0A691adambro.eth

LP protocol fee distribution - Q2 2023

Voting ended almost 3 years agoSucceeded

LRC holders and LRC LPs will decide which AMM pools are to be incentivized with protocol fees for the months of April, May, and June 2023.

Four pools will automatically be rewarded: LRC/ETH, LRC/USDC, LRC/USDT, and LQTY/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
1.56K LRC0.3%
DPI/ETH
7 LRC0%
ETH/DAI
7.47K LRC1.3%
ETH/USDC
230.74K LRC39.2%
ETH/USDT
997.87 LRC0.2%
IMX/USDC
242 LRC0%
LINK/ETH
898 LRC0.2%
LRC/WBTC
68.11K LRC11.6%
MANA/USDC
5 LRC0%
MASK/LRC
0 LRC0%
RETH/ETH
156.76K LRC26.7%
RICE/USDT
0 LRC0%
SAND/USDC
0 LRC0%
VETH/ETH
0 LRC0%
WBTC/ETH
108 LRC0%
WBTC/USDC
2.95K LRC0.5%
NONE
118.2K LRC20.1%
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Timeline

Mar 22, 2023Proposal created
Mar 24, 2023Proposal vote started
Mar 26, 2023Proposal vote ended
Oct 26, 2023Proposal updated