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Printer Financial (Fantom)Printer Financial (Fantom)by0x659fc9f71f407764D6C961Cea4c1814409feb5eEprinterfinancial.eth

22.00010.BSC Prop: LP emissions modification, boosting of PAPER-NATIVE-LP

Voting ended almost 4 years agoSucceeded

To increase liquidity in the PAPER token across chain, and to increase the volume of transfers to enable enhanced bridge features and less slippage when bridging, the team proposes removal of the INK-NATIVE-LP, keeping only the INK-PAPER-LP, PAPER-NATIVE-LP, and PAPER pools with modified emission schedules as follows:

65% PAPER-NATIVE LP 25% PAPER-INK LP 5% PAPER SINGLE 5% up to team to apply to current pools or to experiment with new pool types

If the vote is accepted, there will be an ink tax free holiday for 48 hours in order to allow people that wish to reallocate to do so without penalty. During the tax free holiday there will be a pause in emissions to allow people to migrate their positions.

The above will still allow trading of INK into/out of native tokens, increase the PAPER liquidity earn rates, and increase the volume of PAPER trades.

The protocol is building up Protocol Owned Liquidity in all pools, and at this time, is able to provide a good amount of unstaked PAPER-INK LP to help supplement the liquidity on top of the community provided liquidity.

Off-Chain Vote

Yes
4.48K INK100%
No
0 INK0%
Abstain
0 INK0%
Change Proposal
0 INK0%
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Discussion

Printer Financial (Fantom)22.00010.BSC Prop: LP emissions modification, boosting of PAPER-NATIVE-LP

Timeline

Apr 27, 2022Proposal created
Apr 27, 2022Proposal vote started
Apr 30, 2022Proposal vote ended
Oct 26, 2023Proposal updated