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Polyient Games GovernancePolyient Games Governanceby0xde99f9f91F4d6db657058a0f96CBcbDa454bc86d0xde99…c86d

Add GEM-PGU Market to Polyient DEX

Voting ended about 5 years agoSucceeded

Should we add a GEM-PGU swap on the Polyient DEX and enable liquidity providers of the pair to earn PGU rewards?

Summary:

  • GEM is the utility and governance token for the Cargo NFT platform.
  • 75 GEM per PGFK was distributed to holders in October, which was the second major reward Polyient Games supported.
  • GEM holders can stake their holdings directly inside NFTs to earn yield in both GEM and Cargo Credits, the ERC-20 token that is required to mint NFTs on the Cargo platform.
  • Cargo is launching a new staking pool for Cargo Credits that allows users to farm special-edition NFTs.
  • Users can stake Cargo Gems and Polyient DEX GEM-PGU PGLP tokens to earn multipliers — which will multiply the amount of points you earn per block. LP tokens will earn the most multipliers.
  • Upon redemption your Credits and Gems will be exchanged for an NFT from the Genesis series. Any PGLP tokens you staked will be returned to you.

Learn more about Cargo Credit yield farming: https://medium.com/the-cargo-times/new-cargo-nft-reward-system-genesis-series-efb323b1a19b

Learn more about PGU and the rewards: https://docs.polyient.games/polyient-games-token-economy/unity-token-pgu

Off-Chain Vote

Yes - In favor of proposal
5.57K 100%
No - Against proposal
0 0%
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Timeline

Dec 14, 2020Proposal created
Dec 14, 2020Proposal vote started
Dec 15, 2020Proposal vote ended
Oct 26, 2023Proposal updated