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shroom.financeshroom.financeby0x99BdAC5D3C236E5b9c6A702615365688A334CEb00x99Bd…CEb0

GSWAP farming & launch proposal

Voting ended over 5 years agoSucceeded

Welcome to the first SHROOM governance voting

After community feedback the development team has collected the best suggestions for improving GSWAP farming and summarised them in the following proposal. When deciding about the improvements and changes we had to take into account tradeoffs like development time and cost. Overall we believe these changes are fast to implement and we should have farming up and running this weekend.

We want to thank the community for the excellent input!

FARMS:

GSWAP-SHROOM - 6x wETH-SHROOM - 3x wETH-GSWAP - 3x UNI-SHROOM - 1x LINK-SHROOM - 1x

IMPROVEMENTS:

  • GSWAP-SHROOM pool with highest APY (6x). Balancer Pool with 5/95 ratio.
  • Two initial GSWAP pools with 300,000 tokens each
  • Duration extended to 4 weeks of farming.
  • LP locked until farming ends, and then streamed daily over 3 months to avoid sell-offs (via Sablier)
  • Rewards streamed over 3 months, via Sablier, also daily.
  • SHROOM Holders grant will be doubled, from 2.5% to 5% of GWSAP supply

Off-Chain Vote

Approve
7.37M 99.4%
Reject
42.35K 0.6%
Download mobile app to vote

Timeline

Oct 28, 2020Proposal created
Oct 28, 2020Proposal vote started
Oct 28, 2020Proposal vote ended
Oct 26, 2023Proposal updated