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RallyRallyby0x565B93a15d38aCD79c120b15432D21E21eD274d6flynnjamm.eth

[NETWORK UPGRADE] Re-allocate LM rewards to further incentivize Uniswap RLY/ETH liquidity pool

Voting ended over 5 years agoFailed

Problem: The Uniswap liquidity pool is driving 35% volume for $RLY, but does the Uniswap liquidity pool has more risk for LPs.

Solution: We should re-allocate emissions to the Uniswap RLY/ETH pool so it accounts for the volume to properly incentivize Uniswap RLY/ETH LPs. This will make the breakdown as the following:

Uniswap RLY/ETH - 35% Balancer RLY/ETH 10/90 - 13% Balancer RLY/USDC 10/90 - 13% Balancer RLY/ETH 90/10 - 13% Balancer RLY/USDC 90/10 - 13% y3Crv Pool - 13%

Alternatives: We can do a lower amount for the Uniswap allocation (30, or 25) instead of 35.

Uniswap RLY/ETH - 35% = Re-allocate rewards to Uniswap pool so it makes up 35% of total LM rewards per block

Uniswap RLY/ETH - 30% = Re-allocate rewards to Uniswap pool so it makes up 30% of total LM rewards per block

Uniswap RLY/ETH - 25% = Re-allocate rewards to Uniswap pool so it makes up 25% of total LM rewards per block

Not in favor = No change to the current liquidity mining rewards

Discourse discussion thread: https://forum.rally.io/t/proposal-to-further-incentivise-the-uniswap-rly-eth-liquidity-pool/86

Off-Chain Vote

Uniswap RLY/ETH - 35%
0 0%
Uniswap RLY/ETH - 30%
0 0%
Uniswap RLY/ETH - 25%
0 0%
Not in favor
0 0%
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Timeline

Oct 28, 2020Proposal created
Oct 28, 2020Proposal vote started
Oct 30, 2020Proposal vote ended
Feb 16, 2024Proposal updated