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Velora DAOVelora DAOby0xa521E425f37aCC731651565B41Ce3E5022274F4Ftenzent.eth

PSP-IPΔ18-2 – Liquidity Mining and Protocol-Owned Liquidity Strategy – Polygon (MATIC)

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 programme, supporting ParaSwap’s aim to transition towards fully protocol-owned liquidity, and to make bonds a more competitive option compared to liquidity farming.

75 000 PSP will be allocated towards QuickSwap rewards 475 000 PSP of the budget will be allocated towards Olympus Pro bond rewards for the Polygon MATIC Network

Off-Chain Vote

For
2.78M PSP94.6%
Against
137.23K PSP4.7%
Abstain
21.25K PSP0.7%
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Discussion

Velora DAOPSP-IPΔ18-2 – Liquidity Mining and Protocol-Owned Liquidity Strategy – Polygon (MATIC)

Timeline

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