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Polaris FinancePolaris Financeby0x3160F7328DF59C14D85DFd09aDdAD4EF18aE3e2cpolarisfinance.eth

POLAR Sunrise Boost

Voting ended almost 4 years agoSucceeded

As POLAR is still rising because of high demand and DAO is now also short on POLAR to prevent it from rising even more, we decided to start SPOLAR Governance vote in case of boosting POLAR Sunrise.

We have three options >

Boost emissions to 0.75% > Boost emissions in POLAR Sunrise from 0.5% to 0.75% with boosting the DAO emissions from 20% to 25% > APR in POLAR Sunrise will go up and 25% of that will go to the DAO to ensure safety of this boost.

Boost emissions to 1% > Boost emissions in POLAR Sunrise from 0.5% to 1% with boosting the DAO emissions from 20% to 30% > APR in POLAR Sunrise will go up and 30% of that will go to the DAO to ensure safety of this boost.

Don't boost emissions > Stay at 0.5% emissions without boosting POLAR Sunrise > risking to go way above peg

Off-Chain Vote

Boost emissions to 0.75%
533.08 SPOLAR19.4%
Boost emissions to 1%
2.18K SPOLAR79.5%
Don't boost
30.35 SPOLAR1.1%
Quorum:274%
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Discussion

Polaris FinancePOLAR Sunrise Boost

Timeline

Apr 26, 2022Proposal created
Apr 26, 2022Proposal vote started
Apr 27, 2022Proposal vote ended
Jun 21, 2024Proposal updated