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PoolTogetherPoolTogetherby0x4D40eb12430A57965cEe3015348d490C6156dF200x4D40…dF20

PTIP-80: Extend ETH/POOL LP on Uniswap V2 for 60 days at a rate of 150 POOL per day

Voting ended over 3 years agoSucceeded

Simple Summary

Extend ETH/POOL LP on Uniswap V2 for 60 days at a rate of 150 POOL per day.

Motivation

The POOL rewards for the POOL/ETH LP on Uniswap V2 are ending today. In order to maintain some liquidity on Ethereum, we should keep this reward program running.

Rationale

While the Treasury Working Group (TWG) is working on providing liquidity on Uniswap V3, we should maintain liquidity on Uniswap V2 to avoid any large price movements caused by a lack of liquidity.

At the end of the 60 days period, we can figure out if the liquidity provided by the TWG on Uniswap V3 is enough or if we should also keep some liquidity on Uniswap V2.

TWG RFC: https://gov.pooltogether.com/t/a-foundation-for-protocol-owned-liquidity/2534/3

Technical Specification

Call the transfer function on the POOL token.

Contract: 0x0cec1a9154ff802e7934fc916ed7ca50bde6844e

Function: transfer(address,uint256)

Inputs: dst: 0x9A29401EF1856b669f55Ae5b24505b3B6fAEb370 rawAmount: 9000000000000000000000

Status

PTIP: https://gov.pooltogether.com/t/ptip-81-extend-eth-pool-lp-on-uniswap-v2-for-60-days-at-a-rate-of-150-pool-per-day/2536

Off-Chain Vote

Accept
96.96K POOL + PPOOL98.4%
Reject
1.6K POOL + PPOOL1.6%
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Discussion

PoolTogetherPTIP-80: Extend ETH/POOL LP on Uniswap V2 for 60 days at a rate of 150 POOL per day

Timeline

Sep 07, 2022Proposal created
Sep 07, 2022Proposal vote started
Sep 10, 2022Proposal vote ended
Oct 26, 2023Proposal updated