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Velora DAOVelora DAOby0xa521E425f37aCC731651565B41Ce3E5022274F4Ftenzent.eth

PSP-IPΔ18-1 – Liquidity Mining and Protocol-Owned Liquidity Strategy – Ethereum Mainnet

Voting ended almost 4 years agoSucceeded

The aim of this proposal is to renew rewards for Liquidity Mining pools in the Ethereum Network. Additionally, this proposal re-allocates some of the PSP towards supporting Protocol-Owned Liquidity bonding program, supporting ParaSwap’s aim to transition towards fully protocol-owned liquidity, and to make bonds a more competitive option compared to liquidity farming.

300 000 PSP will be allocated towards SushiSwap 150 000 PSP will be allocated towards Balancer 1.50M PSP of the budget will be allocated towards Olympus Pro bond rewards for the Ethereum Network.

Off-Chain Vote

For
2.78M PSP91.6%
Against
181.63K PSP6%
Abstain
71.41K PSP2.4%
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Discussion

Velora DAOPSP-IPΔ18-1 – Liquidity Mining and Protocol-Owned Liquidity Strategy – Ethereum Mainnet

Timeline

Apr 11, 2022Proposal created
Apr 11, 2022Proposal vote started
Apr 14, 2022Proposal vote ended
Mar 15, 2024Proposal updated