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mStable DAOmStable DAOby0x4B37BbC8CAb32aade27Ce8b1bb2A9E614de81E030x4B37…1E03

MDP20.2 MTA/WETH Earn rewards removal - Motion

Voting ended almost 5 years agoSucceeded

In MCCP-4, the mStable Genesis team has proposed to overhaul the entire structure of MTA rewards relating to mAssets and their liquidity/utility incentivisation. This is currently outlined in an MCCP here and a forum post here.

As WETH is not a mAsset, the Uniswap MTA/WETH pool was not covered in this proposal.

It is motioned to also remove MTA/WETH rewards as part of the broader overhaul that was started with MCCP-4. To preserve MTA liquidity across the broader DeFi ecosystem, the effect of this change could be offset by the usage of DAO treasury funds as described in the MDP20.1 motion.

Should this motion be ratified, it will be taken to Meta governors for a public vote along with a forum post that covers both MDP20.1 and MDP20.2, assuming both are ratified by signers.

Should MDP20.2 be created and shared as a public proposal on the mStable forum and snapshot page?

Off-Chain Vote

Yes
40 100%
No
0 0%
Abstain
0 0%
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Timeline

Mar 23, 2021Proposal created
Mar 24, 2021Proposal vote started
Mar 27, 2021Proposal vote ended
Oct 26, 2023Proposal updated