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mStable Protocol DAOmStable Protocol DAOby0xE76Be9C1e10910d6Bc6b63D8031729747910c2f6dimsome.eth

Continuation of MTA allocation to MTA/WMATIC/WETH Balancer Pool on Polygon

Voting ended over 4 years agoSucceeded

This motion seeks to extend the allocation of 15,000 MTA per week to the MTA/WMATIC/WETH Balancer Pool for an additional 10 weeks after the initial motion for incentivization of 2 weeks passed. This is in line with other co-incentivization agreements that usually span over 12 weeks. This duration is set as maximum and can be revoked if other opportunities are deemed more attractive or if the incentivization from the third party ends before.

This pool has been shown to attract and bind circulating MTA. It would further allow users to provide liquidity and to swap from and to MTA.

This allocation is within the 20% that was approved by the earlier proposal MCCP 7.

Should we allocate 15,000 MTA per week to this pool for 10 additional weeks?

Off-Chain Vote

Yes
6 100%
No
0 0%
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Timeline

Jul 20, 2021Proposal created
Jul 20, 2021Proposal vote started
Jul 23, 2021Proposal vote ended
Jun 26, 2024Proposal updated