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mStablemStableby0xD43a25B442E2C343dAd472A871c5262cCA275Eb4dereksilva.eth

Where should the MTA rewards from the 95/5 MTA/mUSD EARN pool be allocated?

Voting ended over 5 years agoSucceeded

Please only vote on this proposal if you voted YES to retire the 95/5 Balancer pool.

In Discord discussions and in the mStable forum, two alternatives were proposed as to where the rewards from the 20,000 MTA/week 95/5 MTA/mUSD EARN pool should be re-allocated.

Arguments in favour of re-allocating the MTA to staking noted that these rewards would be helpful in keeping staking attractive as more MTA supply enters the market, thus attracting MTA holders to participate in governance, ultimately bootstrapping mStable's decentralised governance. Arguments for EARN pools emphasised using the MTA as a mechanism to drive mUSD liquidity (specifically in the WETH or USDC pool). If option 2 passes, there will be another vote on which pool these rewards should be reallocated to.

Where should they be re-allocated?

Off-Chain Vote

MTA Staking
76.56K 63.5%
EARN pools
43.91K 36.5%
Download mobile app to vote

Timeline

Oct 06, 2020Proposal created
Oct 06, 2020Proposal vote started
Oct 11, 2020Proposal vote ended
Apr 28, 2024Proposal updated