• © Goverland Inc. 2026
  • v1.0.8
  • Privacy Policy
  • Terms of Use
Ricochet ExchangeRicochet Exchangeby0x9D7894Ed2ddB65E0CA36fE872cBB57B8E9AaddaCdanftz.eth

Create Liquidity Provision Mining Incentives for RIC Token

Voting ended almost 4 years agoSucceeded

Develop and deploy a smart contract that incentivizes liquidity providers by allowing them to stake their Sushi LP tokens in exchange for a proportional stream of RIC tokens. Specifically, the contract will allow the staking of USDC-RIC and MATIC-RIC LP tokens.

RIC allocation includes 1,000,000 RIC for the staking and 20,000 RIC for development and deployment.

Stream allocation for LP staking will be 0.2 RIC per month for each 1 RIC staked in the pair. This is a 240% APY against the RIC token, regardless of price or which other token liquidity is provided for.

Off-Chain Vote

Allocate 1.02m RIC
159.47K RIC69.9%
Do not allocate 1.02m RIC
68.73K RIC30.1%
Download mobile app to vote

Discussion

Ricochet ExchangeCreate Liquidity Provision Mining Incentives for RIC Token

Timeline

Apr 18, 2022Proposal created
Apr 18, 2022Proposal vote started
Apr 21, 2022Proposal vote ended
Apr 15, 2024Proposal updated