by
0xaC32…6182
Executive Proposal - "Migrating incentive from Balancer v1 to Balancer v2"
Voting ended about 4 years agoSucceeded
If the Mimo Token Holders accept the executive proposal, the following changes will be deployed to the Mimo Protocol:
| | Before | After | |---|---|---| | Balancer v1 | | | | wETH Minting | 25% | 0% | | USDC Minting | 5% | 0% | | wBTC Minting | 14% | 0% | | [wETH: PAR] Balancer pool liquidity providing | 28% | 0% | | [USDC: PAR] Balancer pool liquidity providing | 28% | 0% | | [MIMO: PAR] Balancer pool liquidity providing | 0% | 0% | | Balancer v2 | | | | wETH Minting | 0% | 25% | | USDC Minting | 0% | 3% | | wBTC Minting | 0% | 11% | | [wETH: PAR] Balancer pool liquidity providing | 0% | 28% | | [USDC: PAR] Balancer pool liquidity providing | 0% | 28% | | [MIMO: PAR] Balancer pool liquidity providing | 0% | 5% |
RATIONALE
We believe this change needs to be executed because, migrating to Balancer v2 will offer better capital and gas efficiency making the Mimo experience a lot more affordable.
BE INFORMED
Please make sure to inform and educate yourself before proceeding with your vote. Community discussions are always welcomed.
Off-Chain Vote
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- Author
0xaC32…6182
- IPFS#QmX3ppho
- Voting Systemsingle-choice
- Start DateJun 22, 2021
- End DateJun 25, 2021
- Total Votes Cast3.3M
- Total Voters13
Timeline
- Jun 22, 2021Proposal created
- Jun 22, 2021Proposal vote started
- Jun 25, 2021Proposal vote ended
- Oct 26, 2023Proposal updated