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mStablemStableby0x908DB31Ce01DC42c8B712f9156E969bc65023119mzeronine.eth

MDP23.1 - Incentivized Liquidity Provision on Balancer Finance

Voting ended over 4 years agoSucceeded

After this successful funding request, and in line with this forum post, it is hereby proposed to start an incentivized liquidity provision operation on Balancer Finance.

This proposal suggests that the 13,210 BAL currently held in the Asset Management subDAO be put into a Balancer Finance liquidity position to start accruing BAL rewards.

Successful passing of this proposal will allow the Asset Management subDAO to continue with this opportunity until the incentivization on Balancer Finance ends, or a different proposal be made to change the method or utilization of the tokens in question.

This first part of MDP23 is only asking if the subDAO should deploy the BAL tokens in question, but is not ratifying in which pool, or with which strategy. The second part of MDP23 will concern itself with these parameters, should this proposal resolve favourably.

Should the Asset Management subDAO deploy the 13,210 BAL it custodies on the Balancer Finance platform for an incentivized liquidity provision operation?

Off-Chain Vote

For
24.14K 97.2%
Against
418.61 1.7%
Deploy Elsewhere
267.63 1.1%
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Timeline

Sep 13, 2021Proposal created
Sep 13, 2021Proposal vote started
Sep 18, 2021Proposal vote ended
Oct 26, 2023Proposal updated