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Ruler ProtocolRuler Protocolby0x5DD596C901987A2b28C38A9C1DfBf86fFFc15d77sifu.eth

REP10: Renew emissions for Pool2

Voting ended almost 5 years agoSucceeded

As discussed in the #governance channel of our Discord: Pool2 (Ruler-WETH) is at roughly $13mm liquidity with 1/3 of circulating tokens, barely hanging onto 300% APR. As additional tokens are brought into circulation, our yield stops being competitive. $100k order currently moves the price 2%, I think we could benefit from additional incentivized liquidity.

There are plans in place to increase capital efficiency and manage wasted emissions, but these could take two months to fully review and implement. Pool2 emissions are currently scheduled to end on May 4th. I propose that we renew for another two months and increase slightly to 3000 tokens per week.

Off-Chain Vote

Agree
6.09K 100%
Disagree
2.07 0%
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Timeline

Apr 17, 2021Proposal created
Apr 17, 2021Proposal vote started
Apr 18, 2021Proposal vote ended
Jun 12, 2024Proposal updated