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Qi Dao | Mai.FinanceQi Dao | Mai.Financeby0xe204432CA41c3254Eb8d50d2E2C11dFae1D679780xe204…7978

QIP129: Dystopia veDYST Round 8

Voting ended over 3 years agoSucceeded

This proposal is to allocate QiDao’s voting power on Dystopia to pools with MAI and/or QI.

500k votes will be used to vote for FRAX-MAI, given our partnership agreement with Frax Finance. The rest of the voting power (roughly 50%) will be distributed based on this vote.

A pool can be excluded from the initial vote draft if the volume is very low, if there is any malicious intent, or if incentivizing such LP is not aligned with the vision of the DAO, risk parameters and previously approved QIPs.

Voting will be rounded to the nearest 1% given a minimum required vote allocation of 1%. If an option does not have enough votes for a 1% allocation, its allocation will be evenly distributed among other options.

Off-Chain Vote

FRAX/MAI
165.21K QI0.6%
USDC/MAI
10.97M QI40.3%
MAI/CLAM
1.31M QI4.8%
WBTC/MAI
11.67K QI0%
USD+/MAI
390.49 QI0%
DYST/MAI
390.72 QI0%
WETH/MAI
5.77K QI0%
WMATIC/MAI
943.26 QI0%
QI/vQI
8.13M QI29.8%
tetuQI/QI
6.63M QI24.4%
USDC/QI
3.54K QI0%
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Discussion

Qi Dao | Mai.FinanceQIP129: Dystopia veDYST Round 8

Timeline

Jul 24, 2022Proposal created
Jul 24, 2022Proposal vote started
Jul 27, 2022Proposal vote ended
Oct 26, 2023Proposal updated