Refill Pools with Anonymity/Liquidity Reward
Background
Cyclone is the leading #PriFi protocol that offers cross-chain + zkSNARKs-based privacy, with yield enhancement, governed by the decentralized DAO. Cyclone has been successfully launched on IoTeX, BSC, and Ethereum, and has gained many fans.
Proposal
The proposal suggests refilling the following pools that are about to finish their first 90 days of the mission, yet still very active in terms of TVL. Once passed, additional CYC will be minted and injected into these pools to support them operate for another 90 days with the proposed amount of anonymity/liquidity reward. In addition, this proposal also suggests changing some of the original parameters of these pools.
BSC - Pool C3PO
Asset: 100 BNB
Life Cycle: 90 days
Anonymity Mining v2: 3 CYC per day
BSC - Pool R2D2
Asset: 10,000 BUSD
Life Cycle: 90 days
Anonymity Mining v2: 1 CYC per day
BSC - Pool BB8
Asset: 25,000 IOTX
Life Cycle: 90 days
Anonymity Mining v2: 0.5 CYC per day
BSC - Pool Jonny5
Asset: 3 CYC
Life Cycle: 90 days
Anonymity Mining v2: 2 CYC per day
ETH - Pool Latte
Asset: 100 ETH
Life Cycle: 90 days
Anonymity Mining v2: 3 CYC per day
ETH - Pool Espresso
Asset: 100,000 USDT
Life Cycle: 90 days
Anonymity Mining v2: 3 CYC per day
ETH - Pool Cold Brew
Asset: 100 TORN
Life Cycle: 90 days
Anonymity Mining v2: 0.15 CYC per day
CYC-ETH Liquidity Pool
Asset: CYC-ETH LP
Life Cycle: 90 days
Liquidity Mining: 20 CYC per day
The Vote
This proposal needs to be approved via a vote by the community before execution.
Discussion
Please discuss this proposal in this forum thread - https://forum.cyclone.xyz/t/proposal-refill-pools-with-anonymity-liquidity-reward/139
Off-Chain Vote
Yes, let's do it!
56.29 60.7%
No, stop it!
36.41 39.3%
Timeline
Jun 21, 2021Proposal created
Jun 21, 2021Proposal vote started
Jun 22, 2021Proposal vote ended
Oct 26, 2023Proposal updated