Should Loopring add Layer 2 LRC Staking to Loopring Earn?

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A passing 'YES' vote will add Layer 2 LRC Staking into the development roadmap of the Loopring core team.

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L2 LRC Staking pool will receive 45% of the protocol fee distributions going forward, once implemented. Distributions will take place once every quarter to ensure stakers remain staked for at least one full quarter in order to receive distributions.

Protocol fee distributions going forward (once staking is implemented) will be:

45% to LPs in qualifying AMM pools 45% to LRC stakers 10% to DAO pool

IN ORDER FOR 'YES' VOTE TO PASS IT MUST ALSO PASS WITH:

• 60% or higher of total votes for 'YES'
• 10million or higher amount of LRC reflected in the total vote (quorum)

ANYTHING LOWER WILL RESULT IN A 'NO' VOTE PASSING

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A passing 'NO' vote will mean protocol fee distribution remains the same and no new action is taken.

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