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Notional FinanceNotional Financeby0xCece1920D4dBb96BAf88705ce0A6Eb3203ed2eB10xCece…2eB1

[NIP-26] - Allocate NOTE incentives to Notional's Arbitrum deployment

Voting ended over 2 years agoSucceeded

Summary

As part of the V3 launch, we propose to set the annual NOTE incentive rates to 2,000,000 NOTE on Notional's Arbitrum deployment to incentivize LPs and bootstrap liquidity. We propose to set incentive rates according to the following schedule:

Currency Proposed Annual Incentive Rates (in NOTE)
ETH 500,000
USDC 500,000
wstETH 200,000
rETH 200,000
cbETH 200,000
DAI 100,000
FRAX 100,000
USDT 100,000
WBTC 100,000
Total 2,000,000

Resources

  • Notional V3 docs
  • V3 Risk docs
  • V3 Technical docs
  • V3 Dune dashboard

Off-Chain Vote

Yes
735.53K NOTE96.6%
No
25.57K NOTE3.4%
Abstain
0 NOTE0%
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Discussion

Notional Finance[NIP-26] - Allocate NOTE incentives to Notional's Arbitrum deployment

Timeline

Oct 20, 2023Proposal created
Oct 20, 2023Proposal vote started
Oct 25, 2023Proposal vote ended
Oct 26, 2023Proposal updated